"We in workforce development and higher education need to do what hockey great Wayne Gretzky attributed his success to: skating 'to where the puck is going to be, not where it has been,'" write New Hampshire Community College Chancellor Ross Gittell and Jeremy Hitchcock, founder of Dyn, a Granite State-based internet performance management company. Gittell and Hitchcock call on industry and community college leaders to work together to build bridges and guided pathways that support economic opportunity, employment and income growth, and a strong future for the New England regional economy. In short, stronger connections of E-to-E: education-to-employment.
Insofar as return on investment (ROI) is the name of the game in higher ed, especially in business schools, a useful metric can be found by calculating the net present value (NPV) based on the costs and benefits of a college degree from a particular institution. Michael Dunlop, a visiting associate prof at Suffolk University's Sawyer Business School, explains how using a 10-year NPV is an important ROI calculation considering that a majority of graduates face important financial challenges within the first decade after graduation, including paying off student loans, purchasing a first home and starting a family. Dunlop explains how the NPV looks for different Massachusetts B-schools.
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Monday, Oct. 17, 2016 * Federal Reserve Bank of Boston
New England employers consistently claim that they can't find sufficient numbers of skilled workers--especially in key tech-intensive and growth-oriented industries like information technology, healthcare and advanced manufacturing. Join us for a frank conversation with governors, employers, education leaders and national experts about how New England colleges and universities can better align with the speed, orientation and demands of a "gigged" economy.
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NEJHE NewsBlast is a summary of NEJHE content and other news around NEBHE prepared weekly by NEJHE Executive Editor John O. Harney and emailed every Wednesday to opinion leaders and practitioners. When responding to NEJHE content, please make sure that your remarks are relevant, courteous and engaging. Individuals are responsible for their comments, which do not represent the opinions of the New England Board of Higher Education. We urge commenters to briefly note their occupational or other interest in the topic at hand. Please refrain from offensive language, personal attacks and distasteful comments or they may be deleted. Comments may not appear immediately. Thank you for staying engaged. Join Our Mailing List!
