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ERIC Number: EJ1205242
Record Type: Journal
Publication Date: 2019-Jan
Pages: N/A
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-1938-5978
EISSN: N/A
Federal Support Announced to Improve Higher Education Outcomes with "Pay for Success" Initiatives
Fogel, Anna
New England Journal of Higher Education, Jan 2019
Community colleges offer an important pathway to the middle class. However, many students fall off the path along the way; almost half of students drop out and only 38% complete a degree within eight years, according to an analysis by Preston Cooper of the American Enterprise Institute. These statistics are even worse for at-risk, minority and first-time students. Effective student support services, however, have been shown to increase graduation rates substantially, according to MDRC research on the City University of New York's (CUNY) Accelerated Studies in Associate Program (ASAP). But colleges need resources and capacity to implement these programs and scale them to students who could benefit. In 2018, the federal government announced a $100 million fund at the U.S. Treasury dedicated to supporting state and local governments interested in pursuing Pay for Success initiatives. The Social Impact Partnerships to Pay for Results Act (SIPPRA) is an exciting opportunity for governments to design a Pay for Success project and get substantial federal support for programs. These projects will be designed and shaped by state and local governments and can address a range of priority issue areas, including child welfare, family stability, education, health, employment, recidivism and veterans.
New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: nejhe@nebhe.org; Web site: https://nebhe.org/nejhe/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: New York (New York); Ohio (Cincinnati); Ohio (Cleveland); Ohio; Massachusetts (Boston)
Grant or Contract Numbers: N/A