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Learning Systems to Increase Revenue in Higher Learning

Last reviewed: August 6, 2014 ~16 min read

Rise of Technology-Mediated Learning Systems to Increase Revenue in Higher Learning

THE RISE OF TECHNOLOGY-MEDIATED LEARNING SYSTEMS T.

Barriers to Increase Revenue in Higher Learning

The Capital Labor Issue with Increase Revenue in Higher Learning

Divisive Issues

Global competition and the workforce

Massive Open Online Course (MOOC)

Adaptive Learning

The Rise of Technology-Mediated Learning Systems to Increase Revenue in Higher Learning

With the rise of Internet technology came the flourishing of web-based learning technology. The research shows that the Colleges and Universities are now doing great thing such as using web-based learning management type of programs that are able to raise their student population statistics and offer schools with methods of achieving more revenue. All over American higher education the enticement of the new information technologies stays as indefinite as it is disturbing. Although there are not many that actually doubt that information technology (IT) has the potential to improve teaching and learning, there is no promise on how that technology will be able to be utilized to improve academic efficiency -- or whether such an rise is in itself a lawful objective if its boost means replacing technology for the more old-style, labor rigorous measures of higher education. Learning Management Systems, data analytics, Adaptive learning, and MOOCS are progressively exchanging human sources of education program analysis and delivery. This permits students to progress grades and it permits colleges and universities to grow holding (Warner, 2014).

Barriers to Increase Revenue in Higher Learning

However, there are some barriers when it comes to increasing revenue in higher learning. Leading among the barriers to its full adoption is a set of well-known institutional standards connecting to teaching methods, faculty autonomy, and ideas of efficiency. The set of teaching-method-norms consist of such thoughts as student-teacher ratios, class sizes and teaching loads. Optimizing the utilization of information technology necessitates faculty to alter what they obviously desire to leave untouched. Also, the very interconnectivity of the new information technologies equally challenges the faculty's explanations of self-sufficiency, which are able to dictate that a professor is the one who can individually choose what, when, and where they teach. Lastly, faculty will have little curiosity in IT's volumes to boost academic output to the extent that they deficit a suitable vision of learning productivity.

The Capital Labor Issue with Increase Revenue in Higher Learning

Capital labor issue are something that can have a great effect on increasing revenue in higher learning. It is clear that utilizing information technology to make productivity better will increase the proportion of capital cost to labor budget in the academic budget, whether or not complete costs can be condensed. Larger capital-labor ratios signify a shift that is away from the handicraft mentality. Also, they provide three vital advantages. The research shows that second, technology-based answers likewise tend to be more ascendable than labor-concentrated ones. Despite the fact certain model may not speak to economies of scale, one should expect that extra students could be housed at lower cost with technology than with traditional teaching approaches.

As a final point, when it comes to increasing revenue in higher learning, technology provides more suppleness than traditional teaching methods once one moves further than minor changes that can be introduced by individual lecturers. The "vocation" of a workstation is more than likely less than five years, although that of a professor habitually surpasses 30 years. Workstations don't get occupancy, and allocations are less probable to wait on the chancellor when specific equipment matters are "laid off." (Phillips, 2007) The "retraining" of IT equipment (for instance, reprogramming), even though not low-cost, is simpler and more expectable than reskilling a professor that is tenured. Within limits, departments will start gaining a much bigger zone of suppleness as the capital-labor ratio starts to expand and grow.

Research shows that the benefits of moving away from handicraft approaches, attached with increased flexibility and scale economies, debate for the adoption of information technology even when one cannot establish instant cost advantages. For instance, the aptitude to break even all through the first few years make available strong defense for going forward with an information technology answer, on condition that the effects on quality are not damaging.

Divisive Issues

Diversity issues is something else to be factored in when it comes to increasing revenue in higher learning. Whether academic efficiency will need to be looked at in the context of higher education as a growth marketplace or in the context of reduced employment has arose as a topic that is lively. Also, will these institutions have to lessen the faculty size so as to finance IT investments or can these investments be subsidized from the revenues that are connected with penetration of new marketplaces or, in the situation of public colleges in some states, incremental misuses from government? However, research shows that when it comes to increasing revenue in higher learning, the capital-labor ratio increases and the educational model turns out to be more productive in either situation, however the implications for an organization's internal climate -- as well as the barriers to implementing IT -- differ greatly (Thrift, 2013). No one makes the argument that the growth scenario is not wanted, but then again some are not certain that it will truthfully be attainable. What occurs if the desired growth cannot be attained remains arguable.

Higher education's essential values will be at jeopardy if more and more undergraduate education starts shifting to nontraditional providers (Clark, 2009). By old-style values they do not mean a "canon" of precious works nonetheless rather an investment in regions of analysis that a company or for-profit market may not believe money-making. There are times, actually, the success of these ideas may not be noticeable for a lot of generations; in other circumstances, as with questions of philosophy or culture, the value is not an economic one.

Certainly, when it comes to increasing revenue in higher learning, the most central of the classic university, that of cultivating the community of intellectuals who are recognized for conserving and advancing mankind's cultural and intellectual heritage, could be lost if the educational purpose in our society is taken over by nontraditional suppliers. Increasing revenue in higher learning is important because most believe that colleges and universities have a heritage whose provisions will involve the diligence of all those who sustain the position of the unrestricted chase of knowledge. Oddly, those research institutions which are most flexible most adaptive, and most skilled of developing IT utilizations appear to have the least disincentive to do so (Stewart, 2011). Their very strength allows them to uphold the outdated ways, to protect their faculty's chase of the status quo.

Global competition and the workforce

Increasing revenue in higher learning plays a big part in the workforce and Global competition. These days' technology- knowledge economy, there are a lot of universities discover themselves encountering a new type of challenge: how not just be able to prepare students with a satisfactory education in their arena of study, nevertheless likewise to arm them with the knowledge and skills necessary to influence technology successfully in the place of work. How well do present graduates manage? Also, some academics in the United States warn that the excellence of their domestic university product may be sliding (Warner, 2014). Private-sector respondents are mainly worried, with 56% conveying concern that the U.S. is falling behind other nations in its capacity to yield high-quality specialists. Actually, only around 47% of all survey respondents are certain that current graduates are able to contest effectively in today's worldwide marketplace

While university development and research departments could once have been the main arena for testing new theories and tools, the survey information does show that businesses now are having this certain edge in bringing in some new kind of innovations. There are just one in five respondents report that their domestic academic institutions are faster than corporations to implement and develop new technologies; approximately 67% say the opposite is factual. Possibly as a result, current years have seen a surge in private-sector relationships and research-driven public-. When talking about increasing revenue in higher learning, money is part of the issue, as stated by Cornell's Ms. McClure:

"Today's students are used to getting what they need rapidly. Institutions of higher education have to answer to remain competitive, but then again those innovations usually cost millions of dollars. How to reserve those investments suitably is on the top of everyone's thoughts." (Clegg, 2011)

As ever more universities start looking to the private sector to upkeep and spread technological advances, corporations are able to be selective in picking partners. Eighty-three percent of private-sector respondents were the ones that made the point that the quality of a university's technology will more than likely be an important factor in their decision-making development. With that said, this puts organizations in an "egg and chicken" bind: also, universities are the ones that actually need private-sector incomes so as to withstand technological leadership, nevertheless alternatively they must show technological skill so as to appeal to that investment in the first place (George, 2013).

Nonetheless even though access to funding is one inspiration, it is not the single reason for the heightened awareness in corporate-academic businesses. There are some universities that put the emphasis on particular areas of applied research, for instance, while others give out instruction that is tailored to the exclusive necessities of specific career paths, providing corporate partner's admission to exceedingly trained, "job-ready" applicants. SonomaState University's Mr. Scalise makes the point: "Campuses that are small usually are not able to compete with bigger universities when it comes to information technology accounts, so they have to discover other ways to distinguish ourselves, through niche contributions.

Even though university participants look at technology as having a big positive influence on their campuses, they are also able to acknowledge a lot of challenges. However, the largest of these more than likely is cost, a factor that is near to 60% of university respondents refer to as their utmost concern (Warner, 2014). Established organizational cultures could be another problem, as academic faculty members that are used to old-style modes of instruction could be reluctant to change. In reality, beyond one-third of those polled say that tenancy and promotional supplies will need to be re-weighted to consist of technology-based teaching standards.

Then there is the question of information technology's arrangement with global leadership and policy establishing. These days, moderately few university CIOs appear to have a some good ideas when it comes to strategy. Of those questioned, only one-quarter state that their CIOs are tangled in matters that are strategic. Given IT's expanding footprint on campus, in the near future, this will be expected to change in regards to increasing revenue in higher learning. Research show that over the next four years, 63% of members presume that the CIO part will be increased to the university's important choice-making team. For instance, when Queens College in New York finished its "Five Presidential Goals" in concerns of increasing revenue in higher learning agenda a few years ago, it looked technology as one of the serious components in moving the college onward. Out of that advantage, Naveed Husain was selected the College's initial CIO.

"Our leader and executive committee recognized that technology was important to making an advanced learning environment and giving Queens a real market benefit," says Mr. Husain (Clark, 2009).

Within the classroom, technology could be seen as a disruptive tools in ways not planned. Survey contributors along with those questioned make the note that general multi-tasking among smart-phone, laptop, and other technologies in the classroom regularly keep students distracted. Even in extremely disciplined organizations like the U.S. Military Academy at West Point, this can be true (Fain, 2013). Lieutenant Colonel Greg Conti, administrator of West Point's Information Technology Operations Center, makes the point by saying "it is difficult to sit someone in front of the World Wide Web and expect them not to use it (Phillips, 2007). He goes on to make the point that Faculty, teachers and supervisors, have to recognize that if we're going to utilize technology in the classroom, there have to be additional methods to keep content expressive, even if it comes down to the humble assignment of demanding computer monitors down all through the instructional era and back up throughout the hands-on share of class."

Massive Open Online Course (MOOC)

The MOOC have been a big help when it comes to increasing revenue in higher learning. MOOCs and other online education spaces are able to generate large amounts of data in regards to learning styles, student behavior, and connections with course material, teachers, and other students (Carlson, 2011). Research shows that MOOCs also gives out data in regards to time that has been spent on certain assignments and engagement on the whole with the MOOC setting. The advantage is that it can be known when students are online and offline, and even find out the length of time that they are on it. Ostensibly, examination of this data is able can show that there is a great deal in regards to learning. This option has individuals broadcasting Big Data as one of the next big thing.

The research shows that big data services are something that is already all around us. Amazon and Google are organizations that are collecting and analyzing huge quantities of data on their customers and users. Government agencies utilize big data and analytics to recognize patterns of behavior. On the whole, government and business expect Big Data to assistance in driving decision-making with data and analysis instead of experience and intuition.

With the arrival of online learning, higher education is now ensuing the lead of government organizations and for-profit businesses by plunging its toe in the big-statistics waters. Sometime, in 2011, Ganesan (Ravi) Ravishanker, Chief Information Officer at Wellesley College, printed "Doing Academic Analytics Right: Intellectual Answers to Artless Questions," Ravishanker makes the point that "data-driven decision-making is ever more essential." (George, 2013) Then he goes on to mention that establishments will do well to inspire systemic communication with data intelligences as part of the procedure of guaranteeing a return on their asset, and that applying data analytics to official learning environments is an prospect missed on a lot of campuses. With regard to learning management systems and the volumes of interpretable information they represent, Ravishanker inspires campus leaders to question "faculty and student access designs, how numerous artifacts are related with a course, how are students and faculty even utilizing the entire system." (Carlson, 2011)

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