Deloitte Reimagines Future of Education with Degreed

Deloitte University Press recently published an article titled “Reimagining higher education” which focuses on the shift towards lifelong learning and highlights Degreed’s unique capability to help shape the future of higher education.

In part it reads:

“Another firm, Degreed, assigns scores to the full range of educational opportunities available, from MOOCs and immersives to college degrees and corporate training.36 Degreed scores and validates both traditional and alternative education options to provide a credit score-like assessment of everything a student’s ever learned. This score, in turn, allows employers to make quick apples-to-apples comparisons of educational achievement across different domains.

“To lower the transaction costs associated with hiring, employers can turn to services provided by organizations that measure the full range of academic, professional, and lifelong learning options available to students from both accredited and non-accredited sources, to allow for apples-to-apples assessments of candidates’ educational track records. Tools such as Mozilla’s Open Badges platform and Degreed’s credit score system can help employers gain a more holistic understanding of a prospective employee’s educational background, which may include everything from a traditional degree to MOOCs.

“While the average student pursuing alternative education paths today has already obtained a four-year degree, it is likely that alternatives will become a first stop for many students seeking career options in a shorter timeframe and with less of a financial commitment. As low- or no-cost educational alternatives become a viable option for just-in-time learning, employers will have greater access to a growing talent pool that possesses the skills they seek.”

Deloitte also discussed the shift of enterprise learning to focus on continual learning:

“The shift to lifelong learning in turn will prompt employers to rethink their training and professional development strategies, in order to allow their employees to upgrade their knowledge and skills continuously. Currently, fewer than 45 percent of businesses have a written plan for learning.80 As such, businesses across a range of industries are looking to MOOCs and other experiential education providers to fill this role.”

Degreed has made this type of continual learning possible for enterprises. Degreed helps enterprises leverage the free and low-cost learning resources from around the web to give their employees on-demand access to the best learning materials in any subject.

To read the full article, click here.

To learn more about Degreed go to get.degreed.com

Written by Caitlin Probst