Modern Campus Reports that Employers & Students Spent Over $1 Billion on Continuing Education in 20

Modernizing the Customer Experience Enables Colleges and Universities of All Sizes to Meet the Demand of Today's Learners and Grow, Despite Industry-Wide Challenges
By: Modern Campus
 
TORONTO - Dec. 13, 2022 - PRLog -- Modern Campus (https://moderncampus.com), the higher education industry's leading modern learner engagement platform (https://moderncampus.com/why-modern-campus.html), today shared that students and corporations have spent over $1 billion so far in 2022 on programming offered by colleges and universities using its Continuing and Workforce Education solutions, Destiny One and Lumens.

Modern Campus reports that enrollments among its Destiny One customers have grown on average 15% annually since 2019, while industry-wide enrollments in more traditional programs have fallen 7.5% overall (https://www.forbes.com/sites/michaeltnietzel/2022/10/20/college-enrollment-decline-continues-but-at-a-slower-rate-according-to-new-report/?sh=37a2b4713910) during the same period. The modern higher education consumer is looking for more flexible postsecondary options.

"Modern Campus is proud to support higher education institutions and their communities with Destiny One and Lumens, two purpose-built solutions for scaling continuing and workforce education programming," said Peter DeVries, chief executive officer at Modern Campus. "Continuing, professional and workforce education is playing a more important role than ever in supporting learners, institutions and their communities. These offerings create substantial impact for enrollees, and as the economy continues to evolve people will continue to look to them to advance their careers and lives."

The news about increased revenue and enrollments coming into continuing, workforce, adult and online programming—in sharp contrast to 1.4 million (https://www.globenewswire.com/en/news-release/2022/05/26/...) fewer students enrolled in degree programs 2019—demonstrates a major change. Communities are looking to colleges and universities to forge pathways to good jobs, and then continue to look to postsecondary education providers to help them upskill and reskill over the course of their careers.

Continuing education divisions are already playing a more central part in supporting innovation across their respective institutions. In the 2022 State of Continuing Education report (https://resources.moderncampus.com/state-of-ce-2022), professional, continuing and online (PCO) education divisions of higher education institutions reported that their roles had expanded since the pandemic.

The report also found that many PCO units are under-resourced, despite their critical work. The State of Continuing Education report found that a quarter of these units try to execute on their innovative and complex operations using software designed for traditional programs—leading to significant dissatisfaction. However, institutions using Modern Campus Destiny One and Lumens overwhelmingly said they were satisfied with their registration system experience. Clearly, leveraging the right tools creates impact for these mission-critical divisions.

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Source:Modern Campus
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