EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP
Lindsay Daugherty had seen too many college programs overpromise and underdeliver for low-income students. She had no reason to think a strategy known as stacking would be any different. Then she saw the data.
Colleges across the United States have invested tens of millions of dollars to develop credential-stacking programs. Their target students are often working adults who don't have the time or the money to get a college degree. Instead, these programs allow them to earn a series of credentials over time that can get them to the same place. It's higher education by building block.
Stackable credentials don't work for all students, Daugherty found in a recent RAND study, and some fields provide much more value than others. But used effectively, stackable programs can provide low-income students with a path to the middle class. More than 70 percent of the students in RAND's study who built up their credentials this way were making middle-income wages within six years.
Read the full article at The RAND Blog.
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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