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  2017/10/21

2016, November Newsletter


Adrienne Way, President and CEO, Edcor
CEO Corner

Employer Engagement in TAP Impacts Business

Engagement in tuition assistance programs presents an opportunity for employers to influence the future of their businesses. Whether a business has an immediate or future need for qualified workers TAP is an opportunity to define the need and develop the solution. Engagement in tuition assistance is an opportunity to help employees persist in their education, for business to develop education and career pathways, and establish continual education for employees.

Financial aid is an important factor in student persistence and completion. A new study from the Education Advisory Board (EAB) shows that students are more likely to drop out of college even if they lose aid in relatively small amounts such as $1,000 to $1,500. And for many students an employer’s tuition assistance plan serves as very valuable financial aid. Whether or not employees persist in furthering, or even completing, their education can boil down to an employer’s tuition assistance plan.

“Most students assume the financial aid they get for their first year will stay the same for future years, especially if they do well academically and family circumstances do not change materially. And while that is the prevailing practice, it is not always true,” said Jim Day, vice president at Hardwick Day, a division of EAB, in a statement. “When aid gets reduced, some students simply are unable to pay the increased tuition required to stay in school.” For nontraditional students who often have family financial obligations, this can be especially true.

This is when business engagement in employees’ education can make all the difference. On average students who lose $1,500 to $2,000 are 3 percentage points more likely to drop out and students who lose $4,000 in aid are 4.5 percentage points more likely to drop out. However, students who receive $1,500 to $2,000 are almost 3 percentage points more likely to persist than students who have little or no change in their financial aid. When this financial support comes in the form of TAP it shows the employer’s commitment to employees’ success and becomes a motivational factor.

Employer participation in tuition assistance goes beyond financial support. For several years American businesses have been dealing with a skills gap. Businesses cannot find the qualified workers they need. Yet, according to a Gallup Inside Higher Ed study, 96 percent of chief academic officers are confident that their schools are preparing students for workplace success. This labor supply and demand gap presents an opportunity for businesses to work with colleges and universities to create academic pathways, develop curriculum, and offer strategic student counseling.

Even if businesses aren’t involved in curriculum development with schools, to establish career pathways for employees and increase student success with advising will help close the skills gap and solve problems for businesses, suggests Jobs for the Future A Resource Guide to Engaging Employers. Employer engagement helps businesses and higher education institutions achieve common goals. The best case for employer engagement says Louis Soares, vice president of the American Council on Education, is that neither employers nor educators can accomplish their goals in the labor market alone. Partnerships between the two allow each of them to “leverage their combined knowledge of labor markets, skills, pedagogy, and students.

Even beyond closing a skills gap, employer engagement helps businesses look to the future. Changing technologies and marketplace demands will present continual challenges, and the employer engagement in TAP is one way to meet the challenges. Including coverage for certificates and alternative credentials in a tuition plan and encouraging employees to seek credentials as part of career path establishes the necessity of lifelong learning. It also is beneficial to both employee and employer. A Resource guide to Engaging Employers states, ““The most vital role for supporting students’ careers lies in interviewing and hiring students who successfully complete certificate and degree programs, or employing them while they study toward a credential. After hiring, an employer can work with the college, workforce provider, or community-based organization to coach and support the candidate’s retention in employment and career advancement.”

Adrienne Way, President & CEO



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Five Reasons Adults Returning to College Succeed

Posted on November 14th, 2016 by DeVry

Provided by DeVry University Age is relative … except when it isn’t. Sure, you may not feel a day over 19. But if you’re an adult going back to school, you certainly will feel something surrounded by thousands of 19-year-olds on a college campus: out of place, nervous, scared or *gasp* old. Yeah, adult students Read more




Importance and Credibility of Online PhD Programs

Posted on November 14th, 2016 by Northcentral University

Provided by Northcentral University In the last twenty-five years, technological innovations have altered society in many ways. The online world has created a new system for reading news headlines, paying bills, shopping, and even earning a graduate degree. While society is now familiar with most of these changes, some may question the legitimacy of earning Read more




Submit the FAFSA Up to Three Months Earlier Starting with the 2017-18 Academic Year

Posted on November 14th, 2016 by Penn State World Campus

Provided by Penn State World Campus Starting with the 2017-18 academic year, you can submit the FAFSA earlier and use earlier tax information. The Free Application for Federal Student Aid (FAFSA) will open for submissions earlier each year and allow the use of income and tax information from an earlier year, starting with the FAFSA Read more




Women in Tech: Needed and Valued

Posted on November 14th, 2016 by Southern New Hampshire University

Provided by Southern New Hampshire University The terms “women” and “technology” are being paired more and more frequently these days. Exploring the facts reveals solid, concrete reasoning for bringing more women into the field of tech. The National Center for Women and Information Technology (NCWIT) shares its fact sheet, which uses U.S. Bureau for Labor Read more




Here's What You Need To Be A Great Manager

Posted on November 14th, 2016 by Strayer University

By Karl McDonnell, Chief Executive Officer at Strayer Education, Inc. Being a successful manager is not an easy task. It requires many skills: leadership, organization, foresight, and patience. However, I believe that one of the most important qualities for a business leader to have is curiosity. Curiosity is key in any leadership role. First of Read more




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10 Must-Have Apps for Nurses

Posted on November 14th, 2016 by Capella University

Provided by Capella University While a good memory is essential to excelling as a nurse, there are mobile apps that can help with health care knowledge recall and expediting communications. For students in online nursing programs, nursing apps can help make you more effective and confident in your coursework and on the job. Following are Read more




Is Now the Right Time to Advance in the Health Care Field?

Posted on November 14th, 2016 by Kaplan University

Is Now the Right Time to Advance in the Health Care Field?

Provided by Kaplan University The American health care system is undergoing dramatic changes that center on the integration of technology in patient care. Hospitals and health care organizations are upgrading health technology systems and moving from paper to electronic records. These changes have created a need for health information management (HIM) professionals with specialized skills Read more




RMU’s Study Abroad Program Opens a World of Opportunities for Students

Posted on November 14th, 2016 by Robert Morris University

Provided by Robert Morris University Illinois Robert Morris University students who have studied in France, Germany, Taiwan, Italy and England have shared their experiences with other Robert Morris University Illinois students who are considering studying abroad. Dean of Professional Arts Shelley LaMantia and faculty advisor Robert Tenuta, along with other faculty, have conducted programs in Read more




Why Choose a Master of Science in Curriculum and Instruction?

Posted on November 14th, 2016 by University Alliance

Provided by University Alliance Every year, scores of college graduates are drawn to an education career path – for good reasons. Teachers play an important role in our society, and outstanding educators are always in demand. Many teachers find a great deal of personal fulfillment in an education career’s challenges. Dedicated educators often pursue master’s Read more




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Capella University Receives Excellence in Assessment Award : Capella University is proud to announce that it is one of the inaugural winners of the Excellence in Assessment (EIA) Award, recognizing outstanding efforts to track student learning and use results to improve classroom practices.

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The Liberty University Department of Psychology recently launched a 36-credit-hour Master of Science in Psychology designed to prepare students for a wide variety of employment opportunities — from teaching to research and business consulting. The degree is available both residentially and online.

The core courses of the program are designed to provide students with a solid foundation in psychology, while one of four concentrations allows them to develop a deeper understanding in a specialized area: developmental, experimental, industrial-organizational, or quantitative psychology. Courses range from research methods to psychology and Christianity, advanced social psychology, and cognitive psychology. Graduation requirements include a master’s thesis.

Liberty University is an accredited evangelical liberal arts institution with 16 colleges and schools, and over 100,000 students in both online and residential programs. With more than 500 programs of study from the certificate to the doctoral level, Liberty equips students with both classroom theory and practical experience, effectively preparing them to enter a competitive job market.

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Edcor is pleased to announce that Metropolitan State University has joined the Preferred School Network. Metropolitan State focuses on providing high-quality, accessible educational programs and services in a student-centered environment.

The university provides more than 60 undergraduate programs and 12 masters and two doctoral programs, with the option to create individualized baccalaureate degrees. It has earned a national reputation for innovative programs that empower students to finish what they started with the flexibility to schedule courses around their busy lifestyles. We offer day, evening, weekend, online and combination online/classroom courses.

Metropolitan State is focused on providing a transformative educational experience for all students, particularly post-traditional learners: older than average, part-time, incumbent workers, career-changers, often with substantial family obligations, and transfer students from community colleges.
Metropolitan State University is a member of the Minnesota State system.

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Saint Louis University’s Workforce Center has the Certifications and Certificate Programs you need to take your team to the next level. Give your team the opportunity to improve their skills, grow as individuals and contribute to your organization’s success! Train your team today to be the leaders of tomorrow!

Top Professional Development Certifications:
Agile Certified Practitioner (PMI-ACP)
Certified Business Analysis Professional (CBAP) and Certification of Competency in Business Analysis (CCBA) Certification
ITIL Foundations
Project Management Professional (PMP)
Project Management Institute’s (PMI) Professional in Business Analysis (PMI-PBA)

Top Professional Development Certificate Programs:
Business Analysis
Exceptional Leadership
High Performance and Team Leadership
Project Management

And don’t forget, all EDCOR clients receive a 15% discount on all certifications and courses at SLU’s Workforce Center! For more information on certifications, certificate programs, private group training or training courses, please visit workforcecenter.slu.edu or contact us at 314-977-3226 or info@workforcecenter.slu.edu.

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Trident University International's Master of Science in Human Resource Management, which aligns with SHRM curriculum guidelines, trains managers to lead in the growing human resources field. Designed for working adults, this 100 percent online program can be completed in as few as nine courses allowing students to advance their careers while working full-time. Additionally, Trident is pleased to offer Edcor members up to a 26 percent tuition savings, waived application fees, and no-cost online books.

To learn more about this and other programs visit www.trident.edu/edcor, or contact James Shiver at james.shiver@trident.edu.

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