Approach: Lumina will incorporate these catalytic approaches into the strategies which it will pursue to produce the three critical outcomes of Preparation, Success and Productivity.
As the nation’s largest private foundation focused exclusively on getting more Americans into and through higher education, Lumina has a unique leadership opportunity—and responsibility—to support the achievement of the big goal.
The Foundation acknowledges that increasing the proportion of Americans with high-quality postsecondary degrees and credentials to 60 percent by 2025 is an audacious goal. Still, our work and experience suggest that meeting this goal is essential to the nation’s economic and social well-being, and that the goal is attainable if:
Students are prepared academically, financially and socially for success in education beyond high school.
Higher education completion rates improve significantly.
Higher education productivity increases to expand capacity and serve more students.
Change of this magnitude will only be possible with the active engagement and support of many organizations and individuals. That is why Lumina Foundation is eager to partner with colleges and universities, state and federal governments, business and labor, peers in philanthropy, and others committed to making the promise of American higher education a reality for millions more Americans.