Amesite (NASDAQ: AMST) CEO Ann Marie Sastry sat down with Benzinga recently for a discussion on education reform and other education-related topics, including student loan forgiveness and the future of education. Sastry noted the importance of distributing education and training more carefully so that “we don’t break the bank,” and explained that awarding college degrees was advantageous but needed system-wide revisions because of the huge levels of debt that students incur while earning their degrees. She also discussed current changes in society and the labor market, observing that emerging trends are likely to disrupt and give reasons for workers across skill levels to continue their education journey. “Jobs are getting more and more technologically driven, and so if you have to go to Google to find a course for truck driving and platforms and logistics. . . you want to be able to go to a trusted source and buy that product,” said Amesite CEO Ann Marie Sastry during the interview. “It’s about distribution channels, who has the trust, and who has the ability to distribute. Our university system has a great ability to distribute — if every university serves their own learners. . . . Amesite enables these institutions to launch on their own brands, and utilize their own, third-party or Amesite-created content to assemble portfolios that meet learners’ real needs. When we look at what’s happened with student debt, and look at the different ways that universities can create sustainable revenue and deliver products that aren’t grossly expensive, one of the biggest ways is to cut down on marketing and focus on supporting the cohorts that they already have access to with learning products that are relevant and timely.”
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About Amesite Inc.
Amesite delivers its scalable, customizable, white-labeled online learning platform to universities, businesses, museums and government agencies, enabling them to deliver outstanding digital learning. Amesite provides a single system that combines eCommerce, instruction, engagement, analytics and administration using best-in-class infrastructure to serve multibillion-dollar online learning markets. For more information about the company, please visit www.Amesite.io.
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