Millions of adults lack the credentials needed for in-demand jobs, while employers struggle to fill open positions with motivated workers. The traditional college admissions process, designed for recent high school graduates, isn’t equipped to address this current dynamic. We have an opportunity to bridge this gap by creating a new admissions process specifically for working adults so they find passion through learning and they want to work hard to succeed.
The Urgent Need for Upskilling
- Talent Shortage: 40% of employers can’t find qualified candidates, costing companies an average of $4,129 per hire.
- High Turnover: With an 18% average job turnover rate, businesses constantly need to fill open positions.
- Underutilized Benefits: Companies offer tuition assistance programs, but only 2-5% of eligible employees participate.
Unveiling the Potential
Over 40 million Americans lack a college degree or relevant credential. Tuition assistance programs and a new admissions process can transform this untapped potential into a highly skilled and motivated workforce.
Why Upskilling Benefits Everyone
- Reduced Costs: Research from Accenture shows companies save through higher retention and internal promotions.Discover Financial Services and Cigna each saved money through tuition reimbursement, while employees saw substantial wage increases.
- Increased Motivation: Investing in employees’ education boosts confidence, motivation, and job satisfaction.
A New Admissions Model for Working Adults
The traditional model separates programs into college vs. vocational or skills-based training. This disjointed system offers over 60,000 learning providers and 1 million credential programs, making quality and outcomes difficult to assess.
Furthermore, education, a right for every American, isn’t equally accessible. The current process doesn’t simplify admissions or help employees envision their success path. Many lack passion for learning, focusing solely on advancement. This can lead to disengagement at work and a lack of overall career satisfaction. Dream2Career uses HIF Logic to ignite learner passion through inspiring content. We then guide them towards best-fit learning programs that align with their interests and goals.
Adult learners face unique challenges, including recovery, re-entry, immigration status, childcare, and transportation. Dream2Career’s Adult admissions process overcomes these complications and effectively guides all groups to relevant resources while creating a sense of belonging among this newly formed community of learners that is diverse and committed to helping their classmates succeed.
Dream2Career’s Adult Admissions Model – Operation Dream Landing
- HIF LOGIC Media
- Micro-Drip Learning
- Community of Learning among Local Learning Providers and Local Businesses
Collaboration for Success
By working together, we are able to create a flexible and accessible college admissions process for working adults.This creates a win-win-win for businesses, learning providers and communities.
- Employees: Gain access to education and inspiring career advancement opportunities.
- Employers: Build a more qualified happy workforce and reduce turnover costs.
- Educators: Expand access to education onramps and serve a growing student population.
The future of American competitiveness hinges on reimagining education so the system works for everyone. Let’s embrace the opportunity to create a new educational pathway for working adults, ensuring a skilled, motivated, workforce and thriving local economies.
