Global sharing. Affordable Learning

Opportunities to Increase Return on Investment (ROI) in New Zealand's Vocational Education Reform

 

Open education:

A major opportunity to reduce cost & increase ROI

Save $98 Million

p.a.

Existing data from the OERu international collaboration estimates sector-wide savings of $98m p.a.

Invest $300K p.a

Smart reallocation of existing resources to establish a Centre of Vocational Excellence in Open Education will increase  ROI

Open education will eliminate duplicationsave government costs and reduce student debt

3 DECISIONS TO MAXIMISE ROI OF THE RESTRUCTURE

Decision Cost to implement 
Save Government cost: Extend open licensing provisions of NZGOAL to ITP Sector to eliminate duplication Near Zero
Reduce student debt: Introduce a tuition and assessment-only component to the funding formula Near Zero
Establish a CoVE in Open Education: to leverage NZ's global leadership in OER, existing open online courses & open source systems developed over the last decade to save government costs $300K p.a.

Evidence-based Policy Making:

Reduce government costs with open education

Save $30 Million

p.a.

Savings in government tuition grant if 5% of learners opt in for open education assessment-only model

Only 25EFTS p.a.

Operational cost to provide one full year of online independent study using an open education model for 15000+ learners

No form of provision is more cost-effective, scalable, and sustainable than open education.

ADOPT OPEN POLICY FOR SECTOR-WIDE EFFICIENCY

Release all education materials funded by taxpayer dollars under an open Creative Commons license for the benefit of all citizens to avoid duplication.

OPEN ONLINE COURSES MAXIMISE RETURN ON GOVERNMENT INVESTMENT FOR ALL LEARNERS

EXTEND PROVISIONS OF NZGOAL FOR OPEN LICENSING TO VOCATIONAL EDUCATION SECTOR

This can be achieved with no additional investment

OERu assembles quality accredited, online courses from 'open source' materials for independent study with peer-learning support. Learners study for free and pay for assessment-only services to gain academic credit towards approved qualifications.

Evidence-based Policy Making:

Make education more affordable for students

Zero student cost for resources

Using open source courses, learners do not pay for textbooks or software licenses.

60% savings in student fees

Students study for free & only pay for assessment services if and when ready.

AMEND THE FUNDING FORMULA TO PROVIDE FOR TUITION AND ASSESSMENT-ONLY COMPONENTS  

This will extend fees-free learning for all vocational education levels for independent study learners.

Open education reduces student debt and is more accessible, especially for non-traditional learners using open education

ADOPT OPEN EDUCATION COURSES FOR GENERIC SKILLS REQUIRED BY ALL IN THE 21ST CENTURY

Making OERu's Learning in a Digital Age online courses available as core curriculum to all learners would generate savings of $68 million dollars in student debt. That's one example.

WIDEN AFFORDABLE ACCESS FOR NON-TRADITIONAL LEARNERS WHO CAN'T PARTICIPATE IN THE SYSTEM

  • Learners who can't afford student fees
  • International learners commencing study off-shore
  • Mature adults reskilling for new careers
  • Workforce professional development

Retain NZ leadership

in open education

New Zealand has established a global leadership role in transnational micro-credentialing for open online courses

IT infrastructure for under $10,000 p.a.

The OERu has pioneered an open-source, cloud-based, Next Generation Digital Learning Environment.

A global network

Headquarted in Dunedin, the OERu has established a global network of like-minded institutions spanning 6 regions of the world

ESTABLISH CENTRE OF VOCATIONAL EXCELLENCE IN OPEN EDUCATION

Invest $300K -$500K p.a. to generate sector-wide savings of +$98 million p.a. using open education.

BUILD ON ESTABLISHED FOUNDATIONS IN OPEN EDUCATION IN NZ FOR INCREASED EFFICIENCY

  • Otago Polytechnic hosts the OERu & the UNESCO and International Council for Open and Distance Learning Chair in open education
  • World-class expertise in using open-source, cloud-based technologies for cooperative course development and delivery to leverage significant savings
  • Stackable micro-credentials with international articulation agreements for post-secondary qualifications

LEARN MORE AT

OERu.org

Credits

Voice: Nicki Reece, Station Manager, PlainsFM

Image: Grass by croisy dedicated to the public domain

Maximising return on NZ vocational education reform through open education

By Wayne Mackintosh

Maximising return on NZ vocational education reform through open education

Four slides summarising recommendations to government for maximising the return on vocational education reform using open education.

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