{"id":20061,"date":"2019-08-20T14:14:57","date_gmt":"2019-08-20T14:14:57","guid":{"rendered":"https:\/\/www.englishforums.com\/news\/?p=20061"},"modified":"2019-08-20T14:14:57","modified_gmt":"2019-08-20T14:14:57","slug":"after-school-market-fetches-22b","status":"publish","type":"post","link":"https:\/\/www.englishforward.com\/news\/after-school-market-fetches-22b\/","title":{"rendered":"After-school market fetches $22B"},"content":{"rendered":"<p><b>Christina Walker, a Stanford graduate-classroom teacher-turned-education entrepreneur, stipulates that the after-school market is worth twenty-two (22) billion United States (US) dollars. <\/b><br \/>\nIn 2015, Ms. Walker formed the after-school platform <a href=\"https:\/\/www.homeroom.com\/\" target=\"_blank\" rel=\"noopener\">Homeroom<\/a> with Standford co-graduate Casandra Stewart, and both join other entrepreneurs who proved that after-school initiatives have been growing.<br \/>\n<span style=\"font-weight: 400;\">Out-of-school enrichment and learning activities are instrumental in making learners all rounded. Entrepreneurs acknowledge this aspect making them craft after-school programs where learners are taught skills such as coding and karate, among others.\u00a0<\/span><\/p>\n<h2><b>Success after 3 years of struggle<\/b><\/h2>\n<p><b>Stewart and Walker struggled with their startup but gained success when they partnered with an elementary school and relaunched <a href=\"https:\/\/www.forbes.com\/sites\/dereknewton\/2019\/08\/14\/these-entrepreneurs-may-have-cracked-a-22-billion-education-market\/#51fd52a964ea\" target=\"_blank\" rel=\"noopener\">Homeroom in 2018<\/a>. <\/b><br \/>\n<span style=\"font-weight: 400;\">Under this platform, Walker attested that they started with only nine schools whereby they were availed with the software.\u00a0<\/span><br \/>\n<b>The success rate witnessed was outstanding because, after forty-five days, parents had spent five hundred thousand dollars ($500,000) on the after-school activities availed.\u00a0<\/b><br \/>\nWalter acknowledges that the value is even more given that learners on the waiting list are not included.<span style=\"font-weight: 400;\">\u00a0<\/span><br \/>\n<span style=\"font-weight: 400;\">As an entrepreneur, Walker affirms that some of the sales made in this sector are stunning. For instance, they sold thirty-two (32) jump-rope spots in a record twenty-seven (27) seconds.\u00a0<\/span><br \/>\n<span style=\"font-weight: 400;\">The demand witnessed is growing at an alarming rate, making expansion inevitable.<\/span><br \/>\n<span style=\"font-weight: 400;\">\u00a0For instance, after just a year, Homeroom is currently used by sixty schools as compared to the previous nine. These schools are located in seven states such as New Jersey, Texas, Virginia, California, and Washington, among others.\u00a0<\/span><br \/>\n<b>Walker acknowledges that the most significant after-school program is in Seattle, where fifty-three (53) classes are offered weekly.\u00a0<\/b><\/p>\n<h2><b>Parents spend heavily on after-school programs<\/b><\/h2>\n<p>Parents have seen the value of after-school activities, making them not shy away from spending on them.<br \/>\n<b>For instance, Walker acknowledges that parents are spending to the tune of one hundred and twenty-one thousand dollars ($121,000) on an after-school class running for ten weeks.\u00a0<\/b><br \/>\n<span style=\"font-weight: 400;\">Walker proclaims that they expect to have an enrollment of ten thousand (10,000) learners in the next six week. This nearly four times the number they enrolled in August 2018.\u00a0<\/span><br \/>\n<span style=\"font-weight: 400;\">The convenience rendered to school groups and parents is making them spend heavily on after-school programs.\u00a0<\/span><br \/>\n<span style=\"font-weight: 400;\">In China, an <\/span><a href=\"https:\/\/www.englishforums.com\/news\/artificial-intelligence-squirrels-its-way-into-international-after-school-tuition-market\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">after-school tuition provider known as Squirrel AI Learning<\/span><\/a><span style=\"font-weight: 400;\"> is utilizing artificial intelligence to offer personalized content to cater to students\u2019 needs.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Christina Walker, a Stanford graduate-classroom teacher-turned-education entrepreneur, stipulates that the after-school market is worth twenty-two (22) billion United States (US) dollars. In 2015, Ms. Walker formed the after-school platform Homeroom with Standford co-graduate Casandra Stewart, and both join other entrepreneurs who proved that after-school initiatives have been growing. Out-of-school enrichment and learning activities are instrumental [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":20062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[13,25],"tags":[61,62,63,509,1069],"_links":{"self":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20061"}],"collection":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/comments?post=20061"}],"version-history":[{"count":0,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media\/20062"}],"wp:attachment":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media?parent=20061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/categories?post=20061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/tags?post=20061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}