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ERIC Number: ED514520
Record Type: Non-Journal
Publication Date: 2007
Pages: 3
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Getting Results from the Learning Investment: A Report from CAEL's Tuition Strategy Group. CAEL Forum & News, Winter 2007
Klein-Collins, Becky
Council for Adult and Experiential Learning (NJ1)
Employers are one of the largest sources of financial support for adult learning today. Some of this support goes to in-house training, but a significant amount--in the tens of billions of dollars, according to some estimates--goes to tuition reimbursement for employees. The Council for Adult and Experiential Learning (CAEL) has managed tuition programs for employers and their workers for more than two decades. In the last few years, it has convened human resource managers to discuss tuition strategies--how tuition programs can be structured and positioned to best help the workforce and the corporation itself. The last meeting of the CAEL Tuition Strategy Group (TSG) was attended by twenty-four representatives of companies with tuition assistance programs, and the focus of the day-long session was how to get more bang for one's tuition dollar. Headlining the agenda was Michael E. Echols, PhD, Vice President of Strategic Initiatives at Bellevue University, who discussed the demand for high skills and why demographic changes will make it difficult for corporations to rely solely on recruitment for getting the skills they need in the workplace. Three themes emerged from his presentation and were echoed throughout the day as attendees discussed their own challenges in getting the most return for their tuition dollars. These themes are: (1) Corporations will increasingly need to "grow their own" high-skilled workforce; (2) A key tension within corporations is the treatment of tuition programs as "benefits" when they need to be seen as "investments"; and (3) Corporations need to start using their tuition program more strategically in order to gain a greater return for that investment.
Council for Adult and Experiential Learning. 55 East Monroe Street Suite 1930, Chicago, IL 60603. Tel: 312-499-2600; Fax: 312-499-2601; e-mail: cael@cael.org; Web site: http://www.cael.org
Publication Type: Reports - Descriptive
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Council for Adult and Experiential Learning