Some recent trends and highlights.
- Explosive growth in online learning platforms. The market will increase from $107 Billion in 2015 to $325 Billion in 2025. Skills Based Approach is well suited for a digital classroom.
- (Higher) Skills Gap for jobs requiring a college degree. Employers say students do not have the required skills. According to a Gallup survey: companies 33% disagree and 34% are neutral to the statement higher education graduates have the skills my ‘business needs’.
- (Middle) Skills Gap for jobs requiring less than a college degree. According to the National Skills Coalition’s analysis of BLS 2015 data, “middle-skill jobs account for 53% of United States’ labor market, but only 43% of the country’s workers are trained to the middle-skill level”.
- New programs to build skills more effectively and efficiently. There are: extended education programs where schools are aligned with companies (like P-Tech); boot camps (such as coding camps); traditional and new-age apprenticeships; micro-credentials and nano-degrees; and direct paths to certifications.
- Competency based learning programs. Many higher education institutions are transitioning from degrees based on credit hours to competencies.
- Progress with Common Core and NGSS standards in K-12. Learning standards create transparency and anchor learning expectations. Most states have adopted Common Core; some have replaced them with their own variant. Regardless, states are adopting learning standards based on foundation skills.
- Gamification – learning by applying skills- is more common in classrooms and offices alike. It had a market value of $2 billion in 2015 and is expected to reach $20.9 billion in 2026.
- Badging. Students and professionals are using digital badges to validate their skills.