Career Schools on Path To Create 5 Million Career Professionals
The nation’s postsecondary career education colleges and universities prepared 556,635 career professionals in 2018 according to research published today. This brings the total number to 1,783,764 career professionals produced during the first three years of the sector’s “Campaign to Create 5 Million Career Professionals” within 10 years.
“Our sector is on pace to meet its goal to train 5 million of the next generation of career professionals,” said Steve Gunderson, president and CEO of Career Education Colleges and Universities (CECU). “However, these numbers also reveal the underlying issue of insufficient skilled workers to meet the demands of the US economy. In almost every category, we are producing fewer skilled professionals than are needed to meet the demands of both growth and retirements. This underscores why career schools are so important in providing skilled workers for the American economy.”
The Bureau of Labor Statistics most recent projections (2018 – 2028) show 8.4 million new jobs being created during this time. In 2016, the sector announced the campaign as its commitment to produce no less than 5 million mid-level career professionals. Three years into the campaign, career colleges are on target to meet this pledge.
The sector’s focus on enrolling and graduating a diverse student population from historically underrepresented backgrounds results in career schools contributing a higher percentage of women and minority students to the workforce when compared to public and private nonprofit institutions. Career schools graduate 13% more women than public institutions (fig. 1). Black and Hispanic students comprise 45% of graduates (fig. 2), compared to only 20% in private non-profit schools; and 27% in public institutions.
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