The Contribution of Private Sector Colleges and Universities to IP-Intensive Industries in the United States
Private sector institutions provide an outsized proportion of skilled, credentialed workers to intellectual property-intensive industries. These industries—petroleum and coal products, chemicals, computer and electronic products, transportation equipment, medical equipment, and software—invest more on R&D per employee than the national average among all U.S. industries. They fuel innovations that strengthen our economy and provide good jobs with high incomes.
This report presents data that documents the market demand of these growing industries for the practical education and training that private sector colleges and universities provide.
APSCU: Generating Real Value for Students & Society
Does college provide an appropriate return for the investment of time and money? Can America educate and train an effective workforce while scarce public funds inhibit access to postsecondary education? Are we still committed to providing our citizens with genuine opportunities for upward mobility? These questions are difficult to answer succinctly. This document illustrates the important contributions America’s private sector colleges and universities are making to America’s future.
Reauthorization of the Higher Education Act
This APSCU white paper recommends policy changes in three areas: (1) increasing affordability and addressing the skills gap, (2) simplifying the financial aid process, and (3) improving accountability and transparency. The proposed changes would create a new institutional accountability system focused on outcomes, require that students receive accurate and comprehensive information, ensure that financial aid is distributed more efficiently and is directed to those with the greatest need, and institute a student loan repayment system that embraces every student's individual ability to repay.
The Imagine America Foundation's Fact Book 2013: A Profile of Career Colleges and Universities contains research and analysis of important trends among private sector colleges and universities as well as a comparison of public and private two-year and four-year institutions.
College Preparedness: The Experience of Private Sector Colleges and Universities
The APSCU Academic Excellence Committee monograph examines the experience of students in postsecondary institutions from the time they apply through enrollment, their classroom experience, to their graduation, and beyond. It addresses issues related to developmental education, including students' time, access to child care and transportation, and the demands of work.
PSCUs open doors to many of the 9.1 million unemployed and 90 million undereducated Americans by providing a skills-based education. To remain competitive over the next decade, we must identify between 8 and 23 million new workers with postsecondary skills. PSCUs are a necessary part of that solution, having produced over 800,000 degrees last year alone.