Devry University President and CEO Daniel Hamburger spoke at the Executives' Club of Chicago’s CEO Breakfast Series this morning at the Fairmont Hotel…a valuable forum for Chicagoans to learn more about some of the innovative local companies here. Hamburger’s key message: watch for a significant increase in privately owned post-secondary education organizations.
Current trends:
| Sector | Market Share | Total Students |
| Public sector schools (i.e. University of Illinois) | 72% | 18 million |
| Independent schools (i.e. Northwestern University) | 16% | 4 million |
| Private sector schools (i.e. Devry) | 12% | 3 million |
Other highlights:
- The percentage of people in China attending college has increased from 3% of population in 1980 to 20% today.
- Percentage of jobs in the U.S. requiring post-secondary education has increased from 28% in 1973 to 58% today.
1 comment:
The education race will have a greater impact on tomorrow's leaders (or lack thereof) than any other national endeavor. The less attention we pay to this, the more it will cost us in the long run!
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