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Lumina explores new business models

Collaboration announced at White House Summit 
College Opportunity Day of Action

Lumina Foundation has a single overarching goal: to increase the proportion of Americans with high-quality college degrees, certificates or other credentials to 60% by 2025. In support of this goal, Lumina will commit $700,000 to begin a collaborative exploration of business model redesign with seven innovative non-profit institutions:

The colleges and Foundation are joined in the work by intermediaries HCM Strategists and Community Wealth Partners. All seven institutions are what we refer to as “Completion Colleges” due to their focus and core competence in serving adults who have accumulated college credits but no degree. The goal is to explore how the business model of this diverse set of institutions can be reimagined, expanded and offered in more states to help more students translate their experiences into a high-quality college degree at a reasonable cost.

Read more about the White House summit at WhiteHouse.gov/College-Opportunity.

Morning session

Afternoon session

 

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Tracy Chen
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FEATURED VIDEO
Lumina Foundation: Working to ensure a quality education for all Americans
Lumina Foundation: Working to ensure a quality education for all Americans
August 8, 2019

Lumina Foundation is an independent, private foundation in the United States that is committed to making opportunities for learning beyond high school available to all. We envision a system that is easy to navigate, delivers fair results, and meets the nation’s need for talent through a broad range of credentials. Our goal is to prepare people for informed citizenship and for success in a global economy. Through our work and our partners’ efforts, we lift people out of poverty, reduce racial inequality, improve health and well-being, promote the availability of good jobs and economic growth, and build sustainable communities.