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Higher ed balances relief requirements against institutional needs

Colleges and universities are spending much of their relief funding on resources to help with distance learning — internet connectivity and cybersecurity programs, virtual lab software that helps students access campus resources and training to help staff adjust to teaching remotely. But as they undertake these projects, administrators are also finding a need to balance federal higher education relief spending requirements with their own short- and long-term needs. Emily Bamforth has the details.

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Driving Tech Transformation With Relief Funding

Not having enough money to pay for something can make life more difficult, but it also simplifies things. New funding prompted by the pandemic brings with it new considerations of which projects to prioritize and what the Treasury Department allows the funding to be spent on, to say nothing of doing the actual work of implementing many new projects. In the case of our public institutions, the work funded by the American Rescue Plan and other recent relief deals can be extensive. Organizations are overhauling massive systems and rethinking business processes left untouched for decades. Check out the entire special report.

Emeritus announces $650 million funding round

The online course provider Emeritus plans to work directly with businesses and governments and expand into new verticals like health care with a new funding round of $650 million, the company announced last week. Through its course offerings developed with universities that include Northwestern and MIT, Emeritus earns 90% of its revenue from consumers, President of Enterprise Business Charles Schilling told EdScoop. Users often take courses in subjects like leadership and technology and get reimbursed by their employers, he said. Emily has the story.

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