Higher Education Initiatives - A new Higher Education Advisory Board is announced to guide the use of Claude in teaching, learning, and research [1]

Freeberg, you think that we should What do you do with the mortgage market. You >> God, it's so difficult. I don't know.>> Do you just basically privatize Freddy and Fanny and let them underwrite. >> I 100% think you got to privatize Freddy and Fanny as a first step. >> And then you have to stop underwriting student debt so that you don't underwrite the $200,000 degrees.>> I believe 100% in ending the federal student loan program. And I think that it will force a restructuring of the of the entire higher ed ...

Societal Trends & Challenges - The percentage of 30-year-olds who are married and homeowners has declined from 50% in the 1950s to 12% currently [1] - Young men may lack social skills, leading to increased online communication and fragile relationships [3] - Pornography consumption is high, with over 50% of 12-year-old boys watching it [5][6] - Dating sites are optimized for user retention rather than relationship formation, contributing to loneliness [7] Economic Factors - Home prices have increased significantly relative to income since 1980, making homeownership unaffordable for many individuals [10] - Stagnant real wage growth, coupled with student loan debt, makes it difficult for young people to start families and achieve financial stability [19] - Government intervention in housing and education through programs like the Federal Home Loan Program and Federal Student Loan Program may have created bubbles of inaffordability [16][17] Generational & Educational Issues - A generation was wrongly advised to pursue university education to avoid job automation, leading to significant debt [22][23][24] - Trade jobs like electricians and plumbers can offer high income and no debt, potentially surpassing the financial well-being of some professionals with advanced degrees [24][25] Mental Health - Major depressive episodes are prevalent among US adults aged 18-25 [13] - Excessive internet use and social media can exacerbate feelings of isolation and inadequacy [15]

The president has turned full guns on Harvard. If the university capitulates, it would become a template for coerced reforms across higher education https://t.co/9DoAi6e0gbIllustration: Harry Haysom https://t.co/iETogJ6lyy ...

Financial Data and Key Metrics Changes - On a constant currency basis, revenue grew by 4% from the prior year, with disciplined expense management limiting operating expense growth to just 2%, resulting in operating income of $49 million, a 12% increase from the prior year [5] - Adjusted earnings per share increased by 16% to $1.54 compared to $1.33 from the prior year [6] - Operating margin increased by 110 basis points to 15.2% [5] Business Line Data and Key Metrics Changes - The Education Technology Services (ETS) division saw revenue and operating income both increase by 50% from the prior year to $37 million and $15 million respectively, with its share of operating income growing from 23% to 31% [6] - Sofia Learning, the direct-to-consumer portal, grew both average and total subscribers and revenue by 40% [7] - US higher education operating income increased by 5% from the prior year, with operating expenses decreasing by $2 million, or 1% [9] Market Data and Key Metrics Changes - Total enrollment in US higher education decreased by 1% from the prior year, but slightly higher revenue per student helped offset the decline, resulting in revenue being down by only 0.5% [7] - Employer affiliated enrollment increased by 8% from the prior year, now representing 32% of all US higher education enrollment [8] - In the Australia/New Zealand segment, total enrollment decreased by 3% from the prior year, but revenue increased slightly to $71 million [10] Company Strategy and Development Direction - The company is focusing on the Australian domestic market, where mid to high single-digit new student growth has been observed [10] - There is a plan to increase marketing investments in the domestic market in the back half of the year, which is expected to support growth in 2026 [19][39] - The company remains optimistic about the future growth of the Australia/New Zealand segment once international enrollment restrictions are lifted [10][37] Management's Comments on Operating Environment and Future Outlook - Management noted that the softness in new student enrollment is primarily at Strayer University, particularly among unaffiliated students, but expects enrollment to normalize in the mid-single-digit range over the long term [25] - The company does not expect any material adverse impact from the recent legislative changes, including the "one big beautiful bill" [21] - Management expressed confidence in the strong performance of the ETS division and its potential to contribute significantly to earnings [6][32] Other Important Information - The company repurchased approximately 325,000 shares during the quarter for a total of $28 million, with $169 million remaining on the share repurchase authorization [10] - The caps on employer-affiliated tuition assistance programs are expected to be a net positive for the company [40] Q&A Session Summary Question: Clarification on unaffiliated enrollment decline - Management indicated that the decline in unaffiliated enrollment is primarily at Strayer University and that the rate of decline was slightly better in the second quarter than in the first quarter [15] Question: Domestic vs. international enrollment split in ANZ - Management noted that the split between domestic and international enrollment has shifted towards more domestic due to regulatory restrictions on international students [19] Question: Legislative and regulatory impacts on higher education - Management stated that they do not expect any material adverse impact from the "one big beautiful bill" and are still digesting its components [21] Question: Weakness at Strayer and leading indicators - Management acknowledged pressure on unaffiliated undergraduate students at Strayer but expects enrollment to normalize over the long term [25] Question: Update on large employer partnerships - Management reported strong revenue growth from a large employer partnership and indicated that onboarding is progressing well [32]

A record number of American students are applying to colleges in the United Kingdom, this year, according to new data released last week. (Photo: Peter Thompson/Heritage Images via Getty Images)https://t.co/5y2HjQvtqn https://t.co/0HaXac082o ...

Career Path & Overcoming Obstacles - The individual overcame a lack of role models and parental discouragement to pursue astronomy [3][4] - Financial constraints required a government grant to afford living expenses while studying in Madrid [5] - Only 10% of physics students passed all courses in a given year, highlighting the academic challenges [6] - The individual faced gender disparity in astronomy, with only 28% of astronomers being women [9] - Initial postdoctoral position was short-term and not in the individual's area of expertise [11][12] - Personal tragedy (father's death) led to a re-evaluation of life priorities and a renewed commitment to pursuing astronomy [13][14][15] - Therapy helped overcome self-sabotaging patterns and build confidence [17][18] Achievements & Opportunities - The individual obtained a PhD and secured a postdoctoral position at the University of Arizona [10][15] - Experience in astronomical instrumentation, initially viewed as a failure, proved valuable in securing a staff astronomer position in Hawaii [11][12][19] - The individual worked for the James Webb Space Telescope in Baltimore, a significant opportunity [21]

A year after it took office, the Labour government’s long-term vision for higher education in Britain remains frustratingly vague. Much more focus is required https://t.co/GUW8rHiK0r ...

Britain is very good at having elite universities. Peek below the creamiest layer, however, and higher education in the country starts to look much less clever https://t.co/0VNVBFCiu3 ...

AI's Impact on Education - AI is poised to disrupt education, potentially breaking it in a similar way to how the internet democratized access to information [1][2] - AI could provide personalized tutoring, potentially offering education equivalent to a Harvard graduate school degree at zero cost, especially in regions like Africa and South Asia [3] - The core function of universities is being challenged by AI, leading to a reevaluation of the long-term viability of higher education institutions [3] Potential Transformation of Education - AI's impact may extend beyond higher education, influencing how education is approached from childhood [2] - Ubiquitous access to knowledge and information, combined with AI, could revolutionize education globally [3]