This week, rumors of Pearson's PowerSchool being up for sale were confirmed when the company revealed it had selected investment banking firm Evercore to assist in the process. Blackboard was reported to be in the running as a potential buyer early last month.
Meanwhile, Cengage Learning announced a partnership with Achieving the Dream aimed at helping low-income and minority students complete community college, and the University of Michigan committed to spending $1.4 million over the next three years on a Digital Innovation Greenhouse that will explore a number of programs with potential. With the FCC's net neutrality vote, we also took a closer look at how the decision will benefit schools via the federal E-rate program.
Be sure to check out our feature looking at the rise of outcome-based funding in higher ed and more in this week's most-read Education Dive posts!
- With outcome-based funding on the rise in higher ed, what works?: Colleges are under more pressure to help students succeed as the need for college graduates increases.
- New Cengage partnership aims to boost community college completion: Cengage Learning and Achieving the Dream will work together for greater student success.
- U of Michigan commits $1.4M for 'Digital Innovation Greenhouse': The effort will research programs that could help students succeed.
- Pearson considering several bidders in PowerSchool sale: The company was previously reported to be in talks to sell the SIS to Blackboard.
- How will the FCC's net neutrality vote benefit schools?: The Federal Communications Commission approved net neutrality Thursday in a 3-2 vote, placing the Internet under its authority as a public utility.
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