The Placement Economy 📮Transcend Newsletter XXI

Employers need workers trained with the right skills. Students need training programs that lead to employment and don't increase their debt. Both are craving ROI. By connecting both sides, and using creative financing solutions (ISAs and scholarships, to name just two options), training programs can deliver ROI to both employers and students: bridg... See more

Now think about how the math continues to cascade through the network. Princeton hopes that I continue to be an active recruiting node on the network, providing the students with great employment options. But my cost/reward math doesn’t work. The denominator is zero. So Princeton lost a recruiter node in their network for now. Further, now those st... See more

Much like twitter > linkedin for networking. Learn-to-earn is going to slowly replace credentials and largely gamify and invert the education funding model

There’s a potential for change in higher ed, as momentum picks up for emerging hybrid models that distribute the risk between the student, the university and the employer.

what if universities offered students shorter-term courses for in-demand skills (software, cybersecurity, data skills and others making up the global skills gap), and then have employers or recruiters pay for a part of their tuition if they are hired or placed? Those employers could even bring them on board through apprenticeships and learn in the ... See more

We are inventing better ways to find a network, in cohort-based education products and professional communities. I think we’re still early in the rise of companies offering many other services in the university “package”, but it’s a matter of time.

We’ve seen with companies like MissionU the trouble of immersive programs marketing themselves as a college replacement. Immersive programs need to think carefully about their marketing and consider an agnostic approach to replacing college. Higher ed is a very developed industry and things haven’t changed for a reason. On the other side, Minerva S... See more