Focus Magazine Fall 2016: Unlocking lives

Postsecondary programs go behind prison walls to forge new futures

December 6, 2016

Today, more than ever, successful second chances depend on high-quality postsecondary education. And that’s what this issue of Lumina Foundation Focus is about. It goes behind the walls of the nation’s correctional facilities to examine postsecondary programs that serve the people who need those programs most.

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Talent Investments Pay Off (Discover Financial Services)

Discover Financial Services Realizes Returns for Investments in Tuition Reimbursement

November 30, 2016

From 2010 to 2013, Discover’s tuition reimbursement program produced an overall 144% return on investment as a result of avoided talent management costs due to higher rates of promotion, transfers and retention and lower rates of absenteeism. Employees participating in the program received, on average, annual wage increases that were at least 41% greater than non-participating employees, while helping Discover save $10.9M. 

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Talent Investments Pay Off (Regional Bank)

Regional Bank Realizes Returns on Investments in Education Assistance

November 29, 2016

From 2011 to 2015, Regional Bank's tuition reimbursement program produced an overall return on investment of 10% ($700K in net savings) as a result of avoided talent management costs. Workers who took advantage of the program achieved increased career opportunities.

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Jamie Merisotis Biography

October 24, 2016

Download a printer-friendly version of Jamie Merisotis' biography  | .pdf | 2 pgs.

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Lumina Foundation Strategic Plan for 2017 to 2020

October 17, 2016

Lumina Foundation is committed to a fair, universal system for learning that meets the nation’s talent needs. The system must offer every American the chance for a better life by recognizing learning however it occurs. And this learning should lead to a broad range of marketable credentials.

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Talent Investments Pay Off (Advocate Health)

Advocate Health Care Realizes Returns for Investments in Education Assistance

September 27, 2016

An analysis of Advocate Health Care’s Education Assistance Program (EAP), conducted by Accenture and partner Lumina Foundation, shows a 4-percent return on every dollar invested in tuition assistance for the health system. For Advocate’s business and administrative workforce, EAP generates a 58-percent ROI.

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Partner Communication Tipsheet

Use this tipsheet to communication about your work with the Foundation.

September 27, 2016

Lumina Foundation believes communication has the power to multiply the effects of grant making by sharing data that can drive change. The Foundation’s Communications Department wants to aid our partners by supporting dissemination of lessons from projects.

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Child Care for Parents in College

A State-by-State Assessment

September 1, 2016

Child care is a crucial support for the 4.8 million parents in college, but it is difficult for students to find and afford, according to a new report by the Institute of Women's Policy Research. The report says that campus child care centers can help meet the care needs of student parents, but the percentage of institutions with child-care centers on campus is decreasing. In 2003, 55 percent of four-year public colleges provided campus child care, compared to 49 percent in 2015. At community colleges, 53 percent offered campus child care in 2003, and 44 percent offered it in 2015, the report finds.

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Transforming Chaos into Clarity

The Promises and Challenges of Digital Credentialing

August 24, 2016

How should our current higher education system be transformed to better prepare workers for the new economy? A brief from the Roosevelt Institute explores this question, focusing on the emerging challenges and opportunities associated with credentialing.

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How Late is Too Late?

Myths and Facts About the Consequences of Switching College Majors

August 23, 2016

Major switching does not necessarily delay degree progress, says this report by the Education Advisory Board. The study, which explores time to degree and graduation rates of students who change majors multiple times in college, shows that students who switched their majors as late as senior year are more likely to graduate from college than students who decide on a major when immediately arriving on campus.

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