This is kind of hilarious. Greg Mankiw has written a blog post expressing his perplexity1 with The New York Times’ position that textbooks are overpriced: To me, this reaction seems strange. After all, the Times is a for-profit company in the business of providing information. If it really thought that some type of information (that […]
In the operating plan slide deck that Cengage recently released as a consequence of their bankruptcy proceedings, the executive summary slide says that a key element of their strategy is “driving aggressive digital growth in a course model.” “Course solutions” is mentioned three times in the deck as well. Cengage, as a company, is essentially […]
So MindTap just won a CODiE award for “Best Post-secondary Personalized Learning Solution.” In and of itself, this isn’t a big deal. No offense intended to current or prior winners, but the CODiEs often feel like awards for “Best Instant Coffee” or “Best New Technology Product by an Important Sponsor of Our Awards Program.” They’re not exactly […]
Update (12/1): Added excerpts from NY Post article re. Apollo holding of Cengage debt Earlier this week came the official news that McGraw-Hill Education (MHE) was being purchased by Apollo Global Management, a publicly-traded global alternative investment firm – roughly the equivalent of private equity in nature. Based on the PR Newswire report: The McGraw-Hill Companies […]
I don’t always agree with my employer’s political stances, but this is one that makes me proud: Thanks to Jane Snyder for pointing this out to me.