Giving Compass' Take:

· The author discusses the changing workforce needs as technology advances and the overshadowed need for new business models to create more educational on-ramps to good jobs.

· How can higher education institutions remake business models to better serve today's learners? How can donors help with these efforts? 

· Here's more on higher education and seeking new business models


Demographic shifts and rapid-fire technological change are upending traditional postsecondary education and workforce training. In response, schools and companies alike have responded with innovative ideas, but almost all focus on applying technology—like predictive analytics, blended learning, and MOOC-enabled degrees—to student support and instructional services.

Yet new technologies often overshadow the equally urgent need for new business models.

New models are especially critical to meeting the needs of working adults and the families they support. There are some 44 million working-age Americanswithout college degrees who are not earning a living wage, and they desperately need better access to education to advance financially. To be sure, creative new providers—bootcamps, apprenticeships, skills academies, and online microcredentials—are emerging. But most of those alternative providers are either heavily reliant on government subsidies and philanthropic support, or target learners who are already highly-educated, and can afford to pay fees without financial aid.

Read the full article about employment in America and the need for new business models by Allison Dulin Salisbury at EdSurge.