The Pulse of Higher Ed

Perspectives on Online and Professional Education
from UPCEA’s Research and Consulting Experts

A Glimpse into the Future Economy after the Pandemic

COVID-19 has certainly changed our world, with more suffering yet to come. Many tragedies have reshaped society and the world economy. After the destruction and loss of life from 9/11, the financial markets and economy suffered in the short-term, but certain industries experienced longer lasting effects, primarily the airline, insurance, food and energy sectors. This pandemic will impact all industries, especially those with human interaction. As a result, it is likely that almost all industries will experience change, including higher education. It also shows how financially fragile households are, and like The Great Depression of the 1930s, behaviors will change, such as having less debt and more savings.

Higher education in the United States has been struggling for almost a decade, seeing declining demographics in over eight straight years, leaving many institutions in financial peril. Institutions that were able to diversify through online education as well as other education and training services are better prepared for the new economy, which will again change as a result of the pandemic.

The massive lifestyle and workplace disruptions experienced over the last month, and likely to last at least another month or more, have accelerated the shift to the new economy, one that is fueled by automation, artificial intelligence, predictive analytics and robotics. Society has suddenly become more accepting of not only online learning, but the delivery of prepared meals, contactless retail, remote meetings, flexible schedules, home-life balance and mental health, data-driven health prevention, remote workforce collaboration, and digital currency. Another unintended consequence is an acceleration of generational conflict, as some generations have adapted better to self-quarantine while others find it challenging.

Some key facts as a result of the pandemic of 2020:

  • In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its previous records. On Monday, March 23, Zoom was downloaded 2.13 million times worldwide, up from 2.04 million the day before, according to app tracking firm Apptopia. Two months prior, the app had just under 56,000 global downloads in a day.[1]

  • Broadband consumption during the hours of 9 a.m. to 5 p.m. has risen by more than 50% since January, according to broadband data company OpenVault, which measured connections in more than one million homes. Usage during the peak early-evening hours increased 20% as of March 25.[2]

  • Microsoft Teams has seen a 775% increase in the use of its cloud services since social distancing or shelter-in-place orders have been active. Microsoft Teams now has 44 million daily users that generated 900 million meeting and calling minutes.[3] Similarly, Slack volume has increased, adding 12.5 million users during a two-week period ending March 25, 2020.[4] 

"Higher education in the United States has been struggling for almost a decade....Institutions that were able to diversify through online education as well as other education and training services are better prepared for the new economy, which will again change as a result of the pandemic."

Looking into the post-pandemic workplace:

  • The study of healthcare systems and supply chains is likely to change. New systems, processes and technologies will be integrated, producing new challenges and opportunities for the workforce as well as for higher education. Existing degrees will be revised to include new content, such as health system management, public health administration, and other health topics directly related to the pandemic.

  • The way business and cultures communicate will change. Video and collaboration technologies will be more integrated into the organization, which in turn will become mainstream tools. Working at home will change the way managers and leaders function, but also how organizations make decisions, communicate, manage projects and complete assignments and duties. As a result, leaders, managers, and human resource personnel and others will need new skills for the new economy, thus creating new credentials and badges within higher education, but also a revision of curriculum for existing degrees. Workplace performance and metrics will be more important as a result, thus creating new tools, technologies and opportunities.

  • The acceptance and integration of robotics, automation and predictive analytics will accelerate. Our society has just sampled the future with new ways to communicate and collaborate, but also with the integration of new solutions and technologies to minimize human contact. The timeline for drone deliveries has now been accelerated. Drones will also play a greater role in law enforcement as we are seeing many metropolitan police officers and first responders contracting COVID-19. These drones will conduct more surveillance and first-responder situational diagnostics. In the not-too-distant future, more robots will maintain, clean or protect facilities, including warehouses that are critical to the supply chain. The integration of surveillance and chip technologies will also make the retail industry less human dependent as individuals can enter shopping or pickup areas, acquire their products and leave without any in-store financial transaction. The transaction, like the Amazon Go store concept, will record automatically to a digital record and digital finances.

  • Transportation will also dramatically change. During this pandemic, some individuals most likely became infected as a result of congestion in public transportation. With more artificial intelligence and robotics being adopted, it is likely that self-driving cars, in an Uber-like model where the rider does not own the vehicle, will serve as an alternative. However, to maintain sanitation, the self-driving taxi or Uber may have disinfectant technology or return to a service area for cleaning. It is also likely that ridesharing will be replaced by mega-companies like Uber which will own the entire fleet. Those losing jobs in retail and other industries could find themselves retraining to help maintain these fleets or other technologies of the future, such as food or package delivery drones. With transportation changing, energy needs will also change, with a likely environmental impact.

  • With consumer transportation being more efficient through fleet management, pollution may decrease and health may increase, fewer parking spots will be needed, and businesses will need less office space. With less commuter traffic, open spaces in the cities will change. As a result, more economic and community development, creating a need for architects, may be needed post-pandemic.

  • Physical and mental health and nutrition will also change as a result of the pandemic. The pandemic has shown the need to connect with families (and pets), both in person and via video technologies. It also has shown individuals that the production, preparation and consumption of healthy food options are not limited to cooking at home or visiting a restaurant. With generational preferences toward plant-based proteins and healthier lifestyles, it is likely that food science and production will change more rapidly in the future.

There are many other industries that will be permanently changed post-pandemic, including the media, government, home health, nursing homes and retirement communities, and retail to name a few.  During these uncertain times, our first priority is to preserve human life. However, higher education leaders need to rethink education and training in the future. We’ve been given a snapshot of the future and a foundation for the new economy. Higher education needs to reassess existing curricula, build upon online education and develop new programs and deliveries that will make us better prepared for that new economy.

 

[1] https://www.cnn.com/2020/03/27/tech/zoom-app-coronavirus/index.html

[2] https://www.wsj.com/articles/working-from-home-during-coronavirus-pandemic-hasnt-broken-internet-11585329238?mod=tech_lista_pos2w

[3] https://www.forbes.com/sites/johnkoetsier/2020/03/29/microsoft-775-increase-in-cloud-services-44-million-daily-teams-users-900-million-meeting-minutes-weekly/#713fa5ed7c79

[4] https://www.thestreet.com/investing/slack-ceo-explains-why-current-usage-spike-will-have-staying-power

Learn more about UPCEA's expert consultants

Do you need help with your PCO unit or campus? We can help. Contact UPCEA Research and Consulting for a brief consult. Email [email protected] or call us at 202-659-3130.

Trusted by the nation's top colleges and universities, UPCEA Research and Consulting provides the best value in the industry today. UPCEA's industry experts have years of experience in Online and Professional Continuing education - put them to work for you!

UPCEA Research and Consulting offers a variety of custom research and consulting options through an outcomes-focused pricing model. Find the option(s) that best suit your institution.

Learn more about UPCEA Research & Consulting


The UPCEA Difference

Unmatched Experience: For more than 100 years, UPCEA consultants have exclusively served the needs of online and professional continuing education programs. UPCEA consultants leverage their extensive industry expertise to expedite solutions, anticipate upcoming shifts, and offer distinct best practices, effectively aiding clients in achieving their goals.

Cost Effectiveness: As a nonprofit, member-serving organization, we provide unmatched value, allowing you to maximize limited research and consulting budgets.

Action in Motion: Our cadre of experienced, skilled authorities and expert practitioners propels you forward, translating research and consulting into impactful implementation, a distinctive hallmark of UPCEA. Our team of current and former institutional leaders will support you, turning research and consulting into action.

Mission Alignment: Like you, our mission is to enhance and expand educational opportunities and outcomes for adult and other non-traditional learners. We share your values and work in partnership with you to advance access and excellence in education.

Other UPCEA Updates + Blogs

Four Steps to Help Enrollment Managers Lead in a Challenging Environment

Many institutions are facing significant financial hurdles and enrollment managers are called upon now more than ever to solve the multiple challenges related to enrollment issues including low numbers, diversification of learners to include the growing number and importance of adult learners, international enrollments, and tension between undergraduate and graduate program enrollments.  Changing our current…

Read More

How will the rise of AI in the workplace impact liberal arts education? (Higher Ed Dive)

Demand for liberal arts education has declined in recent years as students increasingly eye college programs that directly prepare them for jobs. But according to many tech and college experts, as businesses launch advanced AI tools or integrate such technology into their operations, liberal arts majors will become more coveted.  That’s because employers will need…

Read More

An Online Pivot That Continues to Pay Off (Inside Higher Ed)

Unity Environmental University has celebrated explosive enrollment growth since it transitioned to a predominantly online institution beginning in 2016. And at a time when many small colleges are struggling with stagnant enrollment and financial challenges, Unity’s strategic pivot to digital learning continues to pay off. […] Online higher education experts applaud the choices Unity administrators have…

Read More

UPCEA’s Finance Department Grows, Welcomes Tanya Smith

UPCEA proudly welcomes Tanya Smith as the association’s new Controller. Tanya is a Certified Public Accountant with an extensive background in higher education. Prior to joining UPCEA’s Finance and Accounting team, she dedicated 25 years to the University of Alabama in Huntsville (UAH), where she most recently served as the Director of Accounting and Financial…

Read More

Universities Investing in Microcredential Leadership (Inside Higher Ed)

Amy Heitzman noticed a new trend when UPCEA, an online and professional education association, put out calls last year to institutions looking to bulk up microcredential programs. “Five of the 40 [applicants] said, ‘We’re going to hire someone to head this up,’” said Heitzman, UPCEA’s deputy CEO and chief learning officer. “And it was like,…

Read More

ED Sends Distance Ed, R2T4, TRIO Rules for Final Administrative Review | Policy Matters (June 2024)

Major Updates ED Sends Distance Ed, R2T4, TRIO Rules to OIRA for Final Review Before Release and Public Comment The US Department of Education has advanced a set of proposed regulations to the Office of Management and Budget’s Office of Information and Regulatory Affairs (OIRA) for review. This submission marks the final procedural step before…

Read More

The Nation's Top Universities Choose UPCEA Research and Consulting

Informed decisions. Ideas that work. The data you need. Trusted by the top universities in the nation.