Two new entrants into HE
From the Chronicle of Higher Education an interesting story explaining that there might have been a Wal-Mart University:
As the world’s largest retailer weighed its options for making a big splash in education, executives told one potential academic partner that Wal-Mart Stores was considering buying a university or starting its own. “Wal-Mart U.” never happened. Instead, the retailer chose a third option: a landmark alliance that will make a little-known for-profit institution, American Public University, the favored online-education provider to Wal-Mart’s 1.4 million workers in the United States.
A closer look at the deal announced this month shows how American Public slashed its prices and adapted its curriculum to snare a corporate client that could transform its business. It also raises one basic question: Is this a good bargain for students?
It may or may not be a good deal for students. Of perhaps greater interest from a UK perspective is whether this opens the door to the American Public University to offer online programmes to 150,000 Asda staff. If so, they will be competing against a different kind of store which is entering the higher education arena, Harrods. Harrods is following a path set out by Lord Mandelson earlier this year when he encouraged the take up of two year degrees:
The theme of cut-price degrees has been continued by the present Government’s Universities Secretary, David Willetts. Earlier this month he called for students to be able to study online or through their local further education college, while still being enrolled on degree courses run by the country’s most successful universities.
The Harrods students, while studying at the store, will be members of Anglia Ruskin University. They will complete what would normally be a three-year BA (Hons) degree in two years, by studying through the summer holidays as well as university term-time. On the agenda will be theoretical modules in human behaviour, psychology and business enterprise, devised to deepen the students’ sales skills and effectiveness.
It’s tough competition (via The Independent).