2logical - Competitors

2logical Competition

Now Viewing 2logical's competition in: Education and Training Services (primary)

Recent Developments

No Child Left Behind Budget Increases - President Bush presented the 2009 budget, which includes $24.5 billion for No Child Left Behind (NCLB). The budget includes increases for the Title I program, which provides funding for high-poverty schools. The budget also includes funding for state assessment grants, statewide data systems, and a teacher incentive fund to reward experienced teachers who teach in the neediest schools.

Student Loan Bill Passes Congress - Congress passed the Ensuring Continued Access to Student Loan Act, which increases the limits on federally subsidized student loans. In the current credit environment, dozens of lenders have stopped making student loans and others have increased student loan interest rates. The legislation, which the President is expected to sign, is supposed to decrease student reliance on expensive private loans.

2009 Budget Deletes Career Technical Education - The fiscal year 2009 budget eliminates federal funding for the Perkins Career and Technical Education Act, the main funding source for local education programs. The Bush administration proposed eliminating Perkins funding in 2006 and 2007, but Congress rejected the proposal both years. The 20 fastest-growing jobs, according to the Department of Labor, require an associates degree or technical training, programs funded by the Perkins Act.

Competitive Landscape

Demand for certification classes is driven by employment trends in the medical, high technology, and manufacturing industries. Demand for classes emphasizing self-fulfillment is driven by personal income. The profitability of individual companies depends on maintaining low operating costs and recruiting enough students. Large companies have advantages in marketing and offering a wide range of classes and services. Small companies can compete effectively through personalized service and customized instruction. The industry is highly labor-intensive: average annual revenue per worker is around $80,000.

Full Industry Overview For Education and Training Services

Education and Training Services Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US other educational services, an indicator for education and training services, is forecast to increase at an annual compounded rate of 5.8 percent between 2007 and 2012.

Educational Services Growth Steadies

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.