Search Results
Discussion Paper
New Insights on Dual Enrollment Students From the Survey of Community College Outcomes
Dual enrollment programs exist for high school students to take college-level coursework, earn college credit, and sometimes even a credential or degree, prior to graduating high school. These programs are different from other alternatives such as Advanced Placement (AP) or International Baccalaureate (IB). First, dual enrollment is offered through a higher education institution, such as a community college. Second, these students receive college credit for a course if they receive a certain grade. AP and IB courses can lead to college credit, but only if the student gets a passing grade on ...
Speech
Creating An Economy That Works for All: Remarks at the Bunker Hill Community College 2023 Convocation
To build a vibrant, inclusive economy, we need the best ideas, energy, and participation from everyone. Community colleges play a critical role in this important work by providing affordable, accessible higher education and essential skill development – ultimately strengthening our economy and society.
Discussion Paper
Unfinished Business? A Closer Look at the "Some College, No Degree" Population
Higher levels of education are, on aggregate, associated with increased employment, higher wages, and better health outcomes. However, nearly 40 percent of those who enroll in higher education never complete, often leaving them with student loan debt, lost wages from time spent in college, and no benefit of the earnings premium associated with degree attainment. These so-called "some college, no degree" (SCND) students may find the path to employment difficult or reach a wage ceiling quickly in the labor market. A recent report from the National Student Clearinghouse (NSC) finds that as of ...
Speech
Creating a Vibrant, Inclusive Economy: Remarks at the Community College of Rhode Island
First, I want to highlight why I wanted to prioritize speaking at a community college like CCRI; and why community colleges, and all of you engaged with them, are so important to our economy and society. Then, I’ll talk briefly about the range of things we do at the Federal Reserve, to advance our mission. And finally, I’ll share some of the lessons I’ve learned from my own career path, in case my experiences may be helpful to you.
Discussion Paper
Non-Credit Workforce Programs at Community Colleges
Community colleges differ from four-year institutions in key ways, including how programs are distributed across credit and non-credit academic divisions. While nearly all enrolled students at four-year institutions are in for-credit programs, community college students are much more likely to be in non-credit programs, which are shorter in term and typically focus on skills and credentials that are tied to specific occupations.A growing number of community college students are enrolled in non-credit programs across the Fifth District, but traditional data sources do not capture information ...
Journal Article
District Digest: Preparing to Work: The Demand for Postsecondary Education and How It's Changing
Starting around a decade before the COVID-19 pandemic, and more acutely during the pandemic itself, postsecondary enrollment declined — most notably among community colleges, both in the Fifth District and in the United States as a whole. Yet the 2023-2024 academic year saw a shift in that trend as enrollment grew once again. What's going on?The unsatisfying answer is that there are conflicting forces at work, and it's hard to tell which will prevail. But one thing is clear: Combined with the anticipated decline in the college-age population, high costs of four-year degrees, and changing ...