August 3, 2018 | Volume 49, Number 16

Despite Revenue Decline, Pearson Is Encouraged by H1

With the key education selling season still ahead, Pearson (London/New York) said it completed an encouraging first half of the year, despite an overall revenue decline.Pearson revenue ...

Learning Revenue at Cengage Slides Down 2.2%

Adjusted revenue in the Learning segment—higher education and school sales—at Cengage (Boston) declined 2.2% to $181 million in the company’s fiscal first quarter, ended June 30. ...

Mixed Federal Messages from Washington on Postsecondary Education

Congress in late July breathed new life into the Perkins state grant program with the passage of the Perkins Career and Technical Education Act, a $1.2 billion boost to state efforts ...

Chegg Study Is Becoming a Thing

Chegg (Santa Clara, CA) was founded in 2005 to rent and sell college textbooks online. The $255 million company long ago branched out into services—from math and writing study help ...

From Testing Powerhouse to ‘Learning Company’

In the not-very-hopping U.S. school testing market, ACT (Iowa City, IA) is expanding its options by helping students expand their options.In July, ACT acquired the National Research ...

In the Schools, August 3, 2018

The Arnold and Mabel Beckman Foundation (Irvine, CA) in July donated $600,000 to extend its support of Kids@Science Foundation’s professional development for STEM teachers over the ...

News Briefs, August 3, 2018

Ponddy Education (San Jose, CA) in July was granted approval by The College Board (New York) to provide online Advanced Placement courses. Ponddy offers its online Chinese Language and ...

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