2U Expands Partnership with Pepperdine University to Launch Six Online Degree Programs in Education and Healthcare Disciplines

Rhea-AI Summary

Pepperdine University and 2U announced an expansion of their partnership by launching six new online degree programs in education and healthcare disciplines. These include a Master of Science in Education, a Master of Arts in Teaching, three doctoral programs in education, and a Master of Science in Speech-Language Pathology. The programs aim to address workforce gaps in teaching and healthcare, with the MS in Education launching in 2024 and the others in 2025. To date, over 7,000 learners have enrolled in Pepperdine's programs through this partnership, which began in 2017. The new programs will include in-person training facilitated by 2U's placement network, which has recently achieved over 100,000 placements. The press release underscores 2U's role in providing high-quality, flexible education and Pepperdine's commitment to preparing students for roles in high-demand fields.

Positive

• Expansion of partnership with Pepperdine University to launch six new online degree programs.
• Launch includes Master of Science in Education, Master of Arts in Teaching, three doctoral programs in education, and a Master of Science in Speech-Language Pathology.
• 2U and Pepperdine partnership now includes 12 online degree programs.
• Over 7,000 learners have enrolled since the partnership began in 2017.
• Programs will address critical workforce gaps in education and healthcare sectors.
• 2U's robust placement network recently achieved over 100,000 placements.
• Students supported by 2U's placement team have completed over 32 million hours of hands-on training.
• Programs will include essential in-person training hours within students' communities.

Negative

• The Master of Science in Speech-Language Pathology program is only an Applicant for Candidacy by the Council on Academic Accreditation.
• The same program is pending approval by the Western Association of Schools and Colleges Senior College & University Commission (WSCUC).
• Significant reliance on licensure approvals and accreditation, which can impact program launches.

Insights

Financial Analyst

The expansion of the partnership between 2U and Pepperdine University to launch six new online degree programs represents a strategic move expected to have a positive financial impact on both organizations. For 2U, the increase in the number of online programs enhances its revenue stream potential. With over 7,000 learners enrolled since the partnership's inception, the addition of high-demand fields such as speech-language pathology and education could significantly boost enrollment numbers and hence revenue.

Notably, the inclusion of licensure-based programs like the Master of Science in Speech-Language Pathology likely means higher tuition fees, leading to increased financial returns. Furthermore, the projected job growth of 21% for speech-language pathologists by 2031 indicates sustained demand, ensuring a steady influx of students interested in these programs.

However, investors should also be aware of the potential risks. Regulatory approvals are pending for some programs, which may delay their launch and associated revenue. Additionally, competition from other online education providers could impact market share.

Market Research Analyst

The newly announced partnership expansion aligns well with market trends in education and healthcare. The U.S. has a critical shortage of qualified educators and the demand for healthcare professionals, including speech-language pathologists, is rising rapidly. The programs address these gaps by offering robust training and licensure preparation, making them highly attractive to prospective students.

Moreover, 2U's extensive placement network, which has facilitated over 32 million hours of hands-on training, is a significant competitive advantage. This network ensures that students receive the necessary practical experience, which is a key criterion for licensure and employability, thereby enhancing the perceived value of these programs.

Despite these strengths, it's important to consider that the market for online education is becoming increasingly saturated. The success of these new programs will depend on how well 2U and Pepperdine can differentiate their offerings and maintain high educational standards.

New degrees in teaching, speech pathology, and educational leadership designed to address critical workforce gaps, connect aspiring educators and health practitioners with high-quality training

MALIBU, Calif. and LANHAM, Md. , May 16, 2024 /PRNewswire/ -- Pepperdine University and 2U, Inc. (Nasdaq: TWOU), a global leader in education technology and the company behind the online learning platform edX, today announced a significant expansion of their partnership with the development of six new online degree programs, many in licensure-based fields, including: a Master of Science in Education, a Master of Arts in Teaching, three doctoral programs in education, and a Master of Science in Speech-Language Pathology—the first such program at Pepperdine's newly established College of Health Science. All the programs will be developed under 2U's flexible partnership model, with the MS in Education expected to launch in 2024 and the remaining programs in 2025.

2U and Pepperdine's partnership now includes 12 online degree programs. Since 2U and Pepperdine's partnership began in 2017, over 7,000 learners have enrolled in the programs.

"By leveraging 2U's expertise in digital education delivery, we are extending the reach and impact of Pepperdine's educational offerings to meet the growing demand in healthcare and education sectors," said Jay Brewster, Provost and Chief Academic Officer at Pepperdine University. "These programs are designed not just to educate, but to strategically address the gaps in professional fields by equipping students with the necessary skills and experiences to thrive. As one of the world's preeminent Christian universities, it is Pepperdine's greatest ambition to prepare our students for lives of purpose, service, and leadership. We cannot think of more compelling fields to live out that vision than in healthcare and education."

The U.S. is currently experiencing a sustained shortage of qualified educators, and the demand for speech-language pathologists is rising, with projected job growth at 21% through 2031. Together, 2U and Pepperdine are working to bridge these workforce gaps and empower aspiring professionals with the comprehensive skills and in-person training required to obtain licensure and succeed in these high-demand fields.

"Our partnership with 2U has been transformative, allowing us to extend our mission of purpose, service, and leadership into the digital realm," said Dr. Farzin Madjidi, Dean of Pepperdine University Graduate School of Education and Psychology (GSEP). "These new programs will enable us to serve a broader array of students and prepare them for meaningful roles across these critical sectors."

A critical component of these new licensure-based programs is the in-person training requirement. 2U's robust placement network—which recently achieved the milestone of facilitating over 100,000 placements—is crucial in scaling high-demand programs at Pepperdine and across its partnership network in additional fields such as nursing, midwifery, and social work. 2U's network ensures that students living in all 50 states can complete essential in-person training hours within their communities, reflecting 2U's commitment to high-quality, flexible education that meets the urgent need for skilled professionals. To date, students supported by 2U's placement team have completed over 32 million hours of hands-on training.

"Through our ongoing partnership with Pepperdine, we are bringing together 2U's services and technology with Pepperdine's academic excellence to meet critical professional needs in healthcare and education," said Andrew Hermalyn, President of 2U's Degree Program Segment. "With these new degrees, we are deepening our commitment to equipping students with the practical skills and training necessary to succeed in these essential fields, reinforcing our role as leaders in workforce development."

For more details on the new degree programs and other online offerings from Pepperdine, please visit pepperdine.edu.

Prospective students should be aware that the Master of Science (MS) education program in speech-language pathology (distance education) at Pepperdine University is an Applicant for Candidacy by the Council on Academic Accreditation in Audiology and Speech-Language Pathology of the American Speech-Language-Hearing Association, 2200 Research Boulevard, #310, Rockville, MD 20850, 800-498-2071 or 301-296-5700. Similarly, the Master of Science (MS) education program in speech-language pathology at Pepperdine University is also pending approval by the Western Association of Schools and Colleges (WASC) Senior College & University Commission (WSCUC).

About 2U
2U is a global leader in online education. Guided by its founding mission to eliminate the back row in higher education, 2U has spent 15 years advancing the technology and innovation to deliver world-class learning outcomes at scale. Through its global online learning platform edX, 2U connects more than 86 million people with thousands of affordable, career-relevant learning opportunities in partnership with 260 of the world's leading universities, institutions, and industry experts. From free courses to full degrees, 2U is creating a better future for all through the power of high-quality online education. Learn more at 2U.com.

About Pepperdine University
Pepperdine University is a private Christian university located 30 miles west of Downtown Los Angeles in Malibu, California. Pepperdine is committed to the relentless pursuit of truth through academic and scholarly excellence and embodying Christian faith and values. With students at the heart of the educational enterprise, the University prepares approximately 9,500 scholars for lives of purpose, service, and leadership across its flagship liberal arts school, Seaver College, and four graduate schools - the Caruso School of Law, the Graziadio Business School, the Graduate School of Education and Psychology, and the School of Public Policy. Pepperdine is committed to the highest standards of academic excellence and Christian values, where students are strengthened for lives of purpose, service, and leadership. Follow Pepperdine on Facebook, Twitter, Instagram, and LinkedIn.

Contact
media@2u.com
pr@pepperdine.edu  

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SOURCE 2U, Inc.

FAQ

What new online degree programs are 2U and Pepperdine University launching?

They are launching a Master of Science in Education, a Master of Arts in Teaching, three doctoral programs in education, and a Master of Science in Speech-Language Pathology.

When will the new online degree programs from 2U and Pepperdine be available?

The Master of Science in Education will launch in 2024, and the other programs will launch in 2025.

How many learners have enrolled since 2U and Pepperdine's partnership began?

Over 7,000 learners have enrolled since the partnership began in 2017.

What workforce gaps do the new online degree programs aim to address?

The programs aim to address critical workforce gaps in teaching and healthcare sectors.

How many placements has 2U's placement network achieved?

2U's placement network has achieved over 100,000 placements.

What is required for the new speech-language pathology program at Pepperdine?

The program is an Applicant for Candidacy by the Council on Academic Accreditation and is pending approval by the Western Association of Schools and Colleges Senior College & University Commission (WSCUC).