Platform will Help Students Create a
Personalized Plan to Graduation that Encompasses the Entire
Academic Journey.
BNED LoudCloud, a Barnes & Noble Education,
Inc. company (NYSE:BNED) and Portland State University
(“PSU”), today announced a strategic partnership to co-develop a
degree planning solution. Using insights generated by PSU’s reTHINK
initiative and leveraging BNED’s analytics platform, the solution
will ultimately help more students graduate on time with better
pathways to employment and provide the university with long-term
demand planning tools.
The co-development of a degree planning solution aligns with
PSU’s goals to improve the student experience through digital
services innovation and most importantly, improve degree
completion. This partnership is an integral part of the reTHINK PSU
presidential initiative and enabled by PSU’s participation in the
Frontier Set, convened by the Bill & Melinda Gates Foundation
with partnership from the Association of Public and Land Grant
Universities and other partners. This select group of 29 colleges
and universities and state systems from across the nation is
committed to significantly increasing student access and success,
and eliminating racial/ethnic and socioeconomic disparities in
college attainment.
“This is a problem worth solving to benefit millions of students
across the country,” says PSU’s vice provost for Innovation,
Planning and Student Success, Sukhwant Jhaj, “and stems from our
extensive research and design thinking work to revamp advising. Our
institutions and the higher education ecosystem can do more to help
the new non-traditional majority. We can minimize silos that send
students running around campus. And we can create more transparency
with costs and financial aid. We are excited to partner with BNED
LoudCloud because of their eagerness to tackle the challenges
students face, particularly around academic and financial planning,
and how their analytics expertise can improve degree planning. This
degree planning platform will be transformational in helping
students save time, save money and reduce stress.”
The degree planning solution helps answer many of these
challenges. It will allow students to chart a path to graduation,
track progress, understand the impact of their choices on financial
aid, and adjust their plans to changing majors. The solution will
provide students with the insights they need to better understand
their academic and career paths.
“Degree planning is a vital piece of the academic journey,” said
Kanuj Malhotra, Chief Operating Officer, BNED Digital Education.
“We believe expanding our current analytics portfolio to include a
degree mapping tool will greatly enhance our ability to drive
positive student outcomes both within and outside of the existing
BNED footprint.”
BNED LoudCloud embedded a team within PSU to build on the
insights that PSU generated through their extensive academic and
career advising research. The co-development process allowed the
teams to rapidly prototype and begin developing the solution. This
practice will continue during the full development phase, working
with students and advisors to refine the user experience.
Drawing on BNED LoudCloud’s extensive background in learning
analytics, the solution will ultimately provide students with
dynamically driven degree pathways. Using analytics, BNED LoudCloud
will provide students with insights based on their academic
context/performance and career goals, so that they can work with
advisors to identify degree paths that will maximize their chance
of success.
“This partnership lays the foundations for degree planner to
tackle a number of student challenges, such as how to link degree
paths to an ever-changing job market and how to provide a clear
credit-taking path from community colleges to universities,” said
Kanuj Malhotra, Chief Operating Officer, BNED Digital Education.
“And more broadly, our degree planning solution will enhance our
institutional analytics to help partners enrich student-advisor
interactions and tackle the challenges around demand planning. We
are thrilled to partner with PSU on this forward-thinking
initiative.”
“This is a much-needed personalized advising tool for our
students that not only puts each one on a direct path to a degree
but also supports them in tracking the progress of their major,
grades, financial aid and other vital information,” says Sukhwant
Jhaj, PSU’s vice provost for Innovation, Planning and Student
Success. “Over time, this tool will help bolster PSU’s retention
and graduation rates and ultimately will reduce costs for students
by enabling them to stay on a more efficient course to
graduate.”
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE:BNED), a leading
provider of educational products and services solutions for higher
education and K-12 institutions, enhances the academic and social
purpose of educational institutions. Barnes & Noble Education
operates 1,495 physical and virtual bookstores serving more than 6
million students and their faculty, and offers a suite of digital
software, content and services including direct-to-student study
tools. The Company also operates MBS Textbook Exchange, one of the
largest textbook wholesale distribution channels in the United
States. Barnes & Noble Education acts as a strategic partner to
drive student success, provide value and support to students and
faculty, and create loyalty and improve retention, while supporting
the financial goals of our college and university partners.
BNED companies include: Barnes & Noble College Booksellers,
LLC, MBS Textbook Exchange, LLC, BNED LoudCloud, LLC, Student
Brands, LLC, and Promoversity, LLC. General information on Barnes
& Noble Education may be obtained by visiting the Company's
corporate website: www.bned.com.
ABOUT BARNES & NOBLE EDUCATION LOUDCLOUD
Barnes & Noble Education LoudCloud, a Barnes & Noble
Education company (NYSE:BNED), builds software that improves
learning. By focusing on four key areas – Learning Analytics,
Competency Based Education, Learning Management, and Next
Generation Learning Materials including advanced OER Courseware,
BNED LoudCloud serves educators and students in higher education,
and increasingly, K-12 institutions to address the challenges of
affordability and retention.
General information on BNED LoudCloud can be obtained by
visiting the company's website: www.BNEDLoudCloud.com.
ABOUT PORTLAND STATE UNIVERSITY
Oregon’s urban research university, recognized by U.S. News
& World Report as one of the nation's top 10 "Most Innovative"
universities, is located in the heart of downtown Portland. PSU's
motto is “Let Knowledge Serve the City” and is known nationally for
civic engagement and community impact. PSU offers more than 200
degrees with opportunities to work with businesses, schools and
organizations on real-world projects.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171017005046/en/
BNED Media:Barnes & Noble Education, Inc.Carolyn J.
Brown, 908-991-2967Vice PresidentCorporate
Communicationscbrown@bned.comorPortland State University
Media:Portland State UniversityChristopher Broderick,
503-725-3773Associate Vice President for Communications and
Marketingchristopher.broderick@pdx.edu
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