April 27, 2018 | Volume 49, Number 9

Federal Grants Help Boost PreK Enrollment Growth

2016-2017 was a mixed year in prekindergarten metrics. Enrollment continued to increase, but growth slowed. States invested more money than ever in preschool, but state spending per ...

Pearson Steps in Student Privacy Quicksand

It seemed like a good idea at the time. Pearson (London/New York) was updating one of its popular college MyLabs online student homework resources, testing a prompt to students. That ...

Education Companies Improved Performance—Slightly—in 2017

Adjustments education companies have been making because of changing market conditions continued to be a drag on industry performance in 2017; however, there were signs that the ...

MHE Taps Banerjee for Data Expertise

McGraw-Hill Education (New York) went outside the education arena for its new president and CEO, as it had signaled in October 2017, when beginning the search—tapping Nana Banerjee, ...

Bump-Up in Game-Based Learning

McGraw-Hill Education (New York) in April added more than 50 game-based learning simulations and scenario-based learning activities to its business course materials offerings. The ...

Credly Buys Pearson’s Badging Business

Digital credentialing service provider Credly (New York) is acquiring Pearson’s (London/New York) four-year-old Acclaim badging business, as Pearson slims down. Pearson is not ...

Milken-Penn Venture Path Finals Near

The finals competition for candidates in the Venture Path segment of the Milken-Penn GSE Education Business Plan Competition will be held May 3. Eleven startups are competing for more ...

News Briefs, 4/27/2018

The National Title I Association (Fort Bragg, CA) in April officially changed the association’s name to the National Association of ESEA State Program Administrators. The change ...

Partnerships and Acquisitions, 4/27/2018

Investment firm TCV (Palo Alto, CA) in March entered a definitive agreement to acquire a controlling interest in higher education assessment software provider Watermark (New York). The ...

Financial Briefs, 4/27/2018

Student services provider Chegg (Santa Clara, CA) in April closed a $300 million offering of convertible senior notes due 2023 that were sold to qualified institutional buyers. Morgan ...

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