EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP
Source: Forbes
Author: Michael T. Nietzel
About 2.1 million college students transferred between institutions in academic year 2020-21. That’s an 8.4% decrease between July 2020 and June 2021, equal to approximately 191,500 fewer transfers, nearly three times the decline of 69,300 transferring students in the prior year.
Those figures come from a report - COVID-19: Transfer, Mobility, and Progress Academic Year 2020-21 Report - released today by the National Student Clearinghouse Research Center (NSCRC), the latest in a series of studies tracking the impact of the Covid-19 pandemic on postsecondary students. These data represent student transfers across 91% of the institutions reporting to the Clearinghouse as of June 3, 2021.
Reverse transfers, in which four-year students transfer into two-year colleges, showed the largest decrease at 16.2%, more than three times the size of last year's. Lateral transfers were down 11.9%, about three times the rate from the previous year.
Read the full article at Forbes.com.
Ascendium’s education philanthropy grant program operates within Ascendium Education Solutions, Inc., a member company of Ascendium Education Group, Inc. & Affiliates. Ascendium Education Group has helped millions of learners pursue postsecondary education since 1967, when it was formed to help fulfill the promise of the landmark Higher Education Act of 1965. Over the years, Ascendium has grown to become not only the nation's largest federal student loan guarantor, but also one of the most active postsecondary education philanthropies.
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