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ACADEMIC AFFAIRS
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FINANCES AND OPERATIONS
INFORMATION TECHNOLOGY
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LEGAL AND COMPLIANCE
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Overview
Higher education is facing myriad challenges associated with the perceived value of a four-year degree. As the cost of college rises and as employers adopt skills-based hiring practices over degree-based hiring, many would-be students are turning away from
higher education.
Simultaneously, businesses are struggling to address a growing skills gap. With more job vacancies than skilled employees, the enterprise sector is now challenged to find skilled workers and ways to upskill their workforce. Job seekers and college graduates are
also looking for ways to gain the skills employers seek. Many are actively searching for non-traditional learning opportunities that will help them grow and succeed in their careers.
Higher education institutions are uniquely situated to address the skills gap and bridge the education/employment divide. With physical and online classroom space, top-tier faculty, and talented staff, they possess many of the resources necessary to create programs that address these issues and meet the needs of employers and learners alike. However, many institutions are missing important pieces of the equation: modern technology, marketing, and skills-based content. As a result, institutions aren’t equipped to serve an increasingly diverse learner population or support the ability to offer alternative credentials and non-traditional programs.
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