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IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September 18, 2013

IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

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Page 1: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

IWNC NATIONAL LEADERSHIP FORUM

THE FUTURE OF CTE:ONLINE & HYBRID EDUCATION

Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster

September 18, 2013

Page 2: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

Massive Challenge:SKILLS GAP

Yet, employers still cannot find enough qualified workers to fill middle-skilled jobs

More than 12 million remain unemployed

Nearly 4 million jobs go unfilled

http://www.infosecurity-magazine.com/view/30325/a-risk-managementbased-look-at-the-infosec-skills-gap/

Bureau of Labor Statistics

Page 3: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

Finical burden

3

$150BPRIVATE LOANS

$864BGOVERMEN

T LOANS

67%UNDER AGE

OF 40

33%OVER AGE

40

Private For-Profit: $32,700 per

graduate (96% have loans)

Community College: $10,000

per graduate(13% take out

loans)Public Non-Profit: $20,000 per

graduate(48% take out

loans)Private Non-Profit:

$24,600 per graduate

(57% take out loans)

4%OVER $100k

Avg $26k

“30% of borrowers over 90 days behind and at risk of default”*

13%Over 50k

Amount Age Balances

Institution

Massive Challenge:STUDENT DEBT

* not including loan deferment or forbearance, Federal Reserve Bank of New York, 2013

Page 4: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

4

WHY HASN’T CTE TAKEN HOLD?:CAREER TECHNICAL EDUCATION (CTE) IS BROKEN

NO COMMON DEFINITION EXPENSIVE NOT CONNECTED TO

EMPLOYERS NEEDS

Page 5: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

CTE BY THE NUMBERS 4-8%Federal

(Perkins)

$13BVocation

al

Total Spend

48M

# of K-12 Students in

US

1.8% “vocational” $13,72

8“vocational”

Cost Per Student

$10,560

20-40% highe

r

State Department of Educationhttp://education.stateuniversity.com/pages/2446/State-Departments-Education-VOCATIONAL-EDUCATION.html

Page 6: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

6

A CLOSER LOOK: WHAT’S WRONG WITH CTE?

Outdated Educational Delivery Models

Does Not Meet the Needs of Individual Learners

Complex and Inefficient Administrative Structure

Perception: Low Skill, Low Wage

Lack of Innovation

#1

#2

#3

#4

#5

#6 Credentialing for Practical, Competency Based Education

Page 7: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

7

A PATH FORWARD:ONLINE AND HYBRID LEARNING

PEW/Elon University Study, July 2012http://pewinternet.org/Reports/2012/Future-of-Higher-Education.aspx

By 2020 there will be mass adoption of teleconferencing and distance learning to

leverage expert resources … a transition to ‘hybrid’ classes that combines online learning components with less-frequent on-campus, in-person class meetings.”

Page 8: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

WHY HYBRID LEARNING

LESS EXPENSIVE:

TRADITIONAL

$10,560K student/year

BLENDED

$8.K student/year (+/- 15%)

15.7% SAVINGS

ONLINE $6.6K student/year (+/- 20%)

39.4% SAVINGSJan 2012 Fordham Foundation Report

Page 9: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

WHY HYBRID LEARNING

A MODEL THAT WORKS(EVEN FOR MOST AT-RISK STUDENTS)

• Partner with 40 Job Corps locations across the US• Career Pathway Electives aligned with Job Corps 11

industry clusters• Graduated 11,028 Job Corps students to date • 104% Performance Rating

Page 10: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

WE OFFER MULTIPLE PATHWAYS FOR CTE

Page 11: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

11

The original correspondence school, deeply rooted in the need to train Americans in the technical skills required to find jobs in their local area.

PENN FOSTER: CAREER TRAINING HERITAGE

Circa1890

Page 12: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

PENN FOSTER TODAY:LEADER IN CAREER FOCUSED ONLINE AND HYBRID EDUCATION

http://www.wallpapers-room.com/3686/filter/random/industrial/2/

Regionally and nationally

accredited; Tier 1 approved

Experience:400+ high school &

charter school partnerships including

40+ Job Corps.

Experience: Training partner

to over 1000 corporations

Low Cost High School Diploma $599;

Career Certificates 70% less than market

average.

Largest and oldest school for career preparedness

with annual enrollments of

150K+

Turnkey and customized

to meet your needs.

1 2 3

4 5 6

Regionally and nationally

accredited; Tier 1 approved

Experience:400+ secondary and

post-secondary partnerships including

45 Job Corps.

Focus:high-growth industrial

occupations: electrician, welder

and HVAC technician & industries: utilities, manufacturing and

construction

Affordable Debt- Free Career

Diplomas >$1000

College Degrees $79/credit

Largest and oldest school for career preparedness

with annual enrollments of

150K+

Experience: Training partner

to over 1000 corporations

1 2 3

4 5 6

Page 13: IWNC NATIONAL LEADERSHIP FORUM THE FUTURE OF CTE: ONLINE & HYBRID EDUCATION Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September

13

WHERE WILL THESE WORKERS COME FROM?