News & Views

Back To News & Views

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

 

FOR MEDIA INQUIRIES CONTACT:
Lucia Anderson Weathers
317.951.5316
Email
FEATURED VIDEO
Stronger Nation 2017 demonstration
Stronger Nation 2017 demonstration
June 19, 2017

A Stronger Nation 2017 report uses Census data to track progress in degree attainment at several levels – nationally, in metropolitan areas, in all 50 states, and down to the county level. It also contains national data and state-specific estimates that show attainment of high-quality postsecondary certificates.