Since its peak in the second half of 2021 and the first half of 2022, total funding for OPMs has declined 97% up through the first half of 2024, according to Validated Insights.
College and university leaders feeling the pressure from skeptical policymakers and the public can take a deep breath thanks to this research that pushes back against today's higher ed headlines.
Despite shaky short-term forecasts, edtech is still poised for long-term growth, and AI is currently driving the buzz at edX, the popular online learning platform. Reports focused on decade-wide analysis rather than year-to-year changes reaffirm the viability of edtech: The market is expected to be near $1 trillion by the end of the decade.
