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September 26, 2019 – Future of Work

American Council on Education Launches Initiative on Innovative Educational Partnerships

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Almost 40 percent of students transfer to a different institution within six years, often delaying graduation and increasing costs. One government report found that students who transferred from one college to another from 2004 to 2009 lost 43 percent of their credits.

The American Council on Education (ACE) announced today a National Task Force on the Transfer of Credit. The initiative includes a comprehensive review of the research on credit for prior learning, competency-based education, and military training, coupled with an assessment of successful credit transfer practices and recommendations.

ACE will also pilot a Learner Success Lab that will provide opportunities for postsecondary institutions to help students meet the demands of today’s labor market. Supported by Strada Education Network, the lab will utilize Strada’s education consumer survey database of more than 340,000 Americans to understand individuals’ perceptions on the value, relevance, reputation, and quality of their education to career and life experiences.

Learn more about ACE’s initiative and the Charles Koch Foundation’s support here.