Rasmussen, Inc. Introduces Collegis Education, A Technology-Based, Higher Education Services Company New company empowers higher education institutions to improve student outcomes, streamline expenses and increase revenue
CHICAGO, Aug. 12, 2013 /PRNewswire/ -- Rasmussen, Inc., a postsecondary educational services organization, today introduced Collegis Education, a new technology-based services company that will empower colleges and universities to improve student outcomes, attract and retain new students, as well as manage operating expenses.
In today's changing higher education market, colleges are being asked to do more with less and are looking for ways to maintain the highest quality of education without passing additional costs on to students. Collegis Education helps both public and private schools manage the complex challenges of admissions, course delivery and operations with technology-driven analytics. Its service offerings include:
- Student Analytics and Insights
- Enrollment Growth Marketing
- Student Support Services
- Digital Content and Curriculum Development
- Virtual Career Center
The Collegis Education service offerings were developed by applying technology to the business functions of Rasmussen College and Deltak edu over the last decade. Rasmussen, Inc. is the parent company of Rasmussen College and formerly of Deltak, which is now owned by John A. Wiley.
Using Collegis Education's technology and data services, Rasmussen College has met the challenges of today's higher education marketplace, managing its operational expenses and improving its student experience with notable results:
- Saved more than $7.5 million in annual revenue through analytics-driven retention improvements.
- Increased new student enrollment by eight percent over the previous year.
- Decreased the College's marketing spend by eight percent over 12 months.
- Ensured that more than 80 percent of it's graduates were employed related to their education or continuing their studies.
"It is more important than ever that colleges are prepared to operate efficiently, while keeping student outcomes front and center," said President of Collegis Education, J. Michael Locke. "We identified some of the most complex operational issues education institutions are facing today and combined technology, data and more than 40 years of higher education experience to create solutions. The time is right to make those solutions available to other education institutions and the model works for all kinds of schools, public, private, for-profit and not-for-profit."
Locke is a higher education services veteran with a proven track record of entrepreneurship, and a long time Rasmussen, Inc. executive. As president, he will oversee day-to-day operations for Collegis Education and will lead a staff of 180 people across three offices in Minneapolis, Chicago and Orlando.
The Collegis Education Board of Directors will be chaired by Robert E. King, a successful technology and education entrepreneur. He has served as chairman or CEO of five technology and education services companies in addition to Collegis Education.
"I have never seen a market go through such dynamic changes as the higher education industry is experiencing today," said King. "Learning institutions must use technology to change how they operate if they want to compete effectively in this new world."
To learn more about Collegis Education, visit www.CollegisEducation.com.
ABOUT RASMUSSEN, INC.
Rasmussen, Inc. is the parent company of Rasmussen College, a regionally accredited private college founded in 1900 that specializes in high-demand educational programs. Rasmussen, Inc. acquired Rasmussen College in 2003. Previously, it owned and operated Deltak, an industry-leading developer of online programs, which Rasmussen, Inc. founded in 2002.
ABOUT COLLEGIS EDUCATION
Collegis Education is a technology-based services company that offers industry-leading education solutions for colleges and universities of every size in every sector. Using an analytical approach, Collegis Education empowers education institutions to make a broader impact by providing insights that improve student outcomes, optimize expenses and increase revenue. The leadership team at Collegis Education brings 40 years of experience integrating technology into the delivery of education. Currently, the infrastructures established by Collegis Education support more than 27,000 students through 32 college partners. For more information about Collegis Education, please visit www.CollegisEducation.com.
Contact: April Nelson
Phone: (651) 789-2249
Mobile: (952) 913-5466
SOURCE Rasmussen College