Online Education is America's Newest Economic Safety Net
SOLANA BEACH, Calif. (Business Wire EON/PRWEB ) December 15, 2008 --
“People are losing jobs every day,” laments Dr. Michael K. Clifford, the
man whose firm, SignificantFederation, LLC, served as the lead investor
in Grand Canyon Education (LOPE), the only company to go public this
fall.
“This is driving their need to refresh existing skills and develop new
ones,” said Clifford. “Online education, with its financial aid options
and non-linear learning model, offers adult learners the opportunity for
intellectual and professional improvement.”
Clifford (http://www.significantventures.com/bio.php)
was an evangelist for online education long before the recession
tightened its grip on the United States last fall. Now he’s an even
bigger proponent, given its potential for helping the country recover
its footing.
“Being enrolled in online education gives adult learners the flexibility
to leverage a student loan for living expenses, gain new skills, and
continue searching for an even better employment situation than the one
lost,” said Clifford. “Being engaged in learning engenders a positive
attitude, allowing the adult learner to say: ‘I am in school improving
myself. I would like to add value to your company.’ It demonstrates the
individual’s desire to grow, learn, and be productive.”
Clifford went on to point out that “during the Great Depression of the
1930s, the U.S. Government created public works in order to create jobs.
In this most recent economic downturn some are comparing to the Great
Depression, the new frontier is the Internet. Digital education is just
beginning to revolutionize post-secondary education outside the
traditional bricks-and-mortar setting.
“Thanks to the careful regulatory oversight from the U.S. Department of
Education, as well as state and regional accrediting commissions, the
delivery of rigorous, relevant, real-world education via the Internet on
a global basis is increasing at an astonishing speed.”
Making up a truly “green industry,” online degree-granting institutions
may provide the single most important product to America's ability to
compete in the world economy: affordable relevant education accessible
to anyone, anywhere, any time, according to Clifford.
For more on the benefits that online education offers, visit http://www.significantventures.com/blog/resource/10-ways-earning-an-online-degree-can-enrich-your-life.html.
About SignificantFederation, LLC
SignificantFederation is a very confidential group of like-minded
individuals, whose mission to help people find their dreams and succeed.
To fulfill that mission, the company introduces strategy, relationships,
and cash. What separates SignificantFederation from other investment
entities is its unique ability to help create strategies based on
confidential relationships with select entrepreneurs and/or CEOs of
companies. Its strategic approach has created hundreds of millions of
dollars in value for its co-investors, management teams and
entrepreneurial ventures.
See the original story at: http://eon.businesswire.com/releases/online_education/great_depression/prweb1753744.htm
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