How To Get Credit for Your Credits

Veterancredits

Credit transfer policy is key to getting the most out of your prior education when it comes to degree completion. It seems obvious but few actually take advantage of this important part of completing their degree. You need to know what is really going on and what to do about it.

Buzz Today Hechinger Report: Veteran’s New Battle: Getting Credit for What They Already Know: The only benefit of his time in the military that the university (University of South Florida) conferred was to recognize his basic training by tossing him two credits for physical education…. But it took him longer than it needed to, in part because universities and colleges give veterans so little credit for their training and experience. In addition to time, the problem is costing veterans money to pay for courses about subjects they already know… Universities have generally been reluctant to accept transfer credit from any student…letting students forgo credit means the institutions forgo revenue.

Let’s look at the example of credit transfer in the BUZZ Today data to the right. The way this issue is reported makes it sound like all universities do what happened here, namely reject most of this veteran’s experience. The key phrase is “because universities and colleges give veterans so little credit for their training and experience.” This makes it sound like it is ALL universities and colleges who give veterans so little credit for their training and experience. What this article actually means is that the University of South Florida gave this veteran so little credit (only 2 credits) for his prior training and experience.

Here is what you need to know about this important decision. The college or university that you select has a lot to do with how many credits you will be granted for your prior learning and experience. Most potential students first select the college and then negotiate over how many credits are accepted. This places the prospective student (you) at a severe disadvantage. As the material in the BUZZ Today states, the party you are negotiating with, in this case the university where you are applying, has a strong incentive to grant as few transfer credits as possible. Every credit the university accepts reduces their potential revenue by exactly the same amount. Think of the roles as reversed. How enthusiastic would you be to accept credits if it reduced your revenue?

The point is not that colleges and universities are malicious, it is just that the incentives of the relationship are not in the favor of the applying student. You need to change the odds to your favor.

So what is the solution you ask? The answer is that you must be willing to shop around, to evaluate the offers from several universities before making the decision on where to enroll. The mistake the veteran in BUZZ Today made was in selecting the University of South Florida and then going through the credit transfer discussion. To avoid this trap you must have the credit transfer policy discussion BEFORE selecting a specific college or university.

In summary, it is not true that all universities give so little credit for prior training and experience. Some give a great deal of credit for both veteran and civilian applicants. It is very much in your interest to find out which universities are willing to accept your credits. The amount you spend and the time it will take you to complete depend on it. You have years and tens of thousands of dollars at risk it you do not take these facts into consideration before you select the school to attend.

What Employers Want You to Learn

Employers want you to have a very specific set of personal skills. Among the top of the list are:  critical thinking, written and oral communications, inquiry and analysis, quantitative literacy, information literacy, team work and problem solving, life long learning. Notice that this list of priorities does not include, “a college degree from XYZ university” or “a major in ABC”.  This list prioritizes what you need to be able to do to be a valued employee. Your challenge is to wisely invest your time and money in learning that can provide these personal skills. The bottom line is that simply getting a college degree (“getting the piece of paper”) is not sufficient to meet these employer needs.

You need to learn to be able to compete today. Far-reaching global, economic and technological developments have converged to make post-secondary learning an imperative for almost everyone.

Buzz Today Source: Liberal Education and America’s Promise (LEAP): Excellence for Everyone as a Nation Goes to College Both the country’s future economic growth and individual opportunity are now closely tied to the attainment of high levels of knowledge and skill, and to the ability to continuing learning over a lifetime. Former Harvard University President Derek Bok reports that college students are under-performing in virtually every area of academic endeavor including skills such as critical thinking, writing and quantitative reasoning.

So a question you should be asking is: “Why are employers looking for better ways to hire?” I defer to Laszio Bock, Google’s senior vice president for people operations to answer this question. “One of the things we’ve seen from all our data crunching is that G.P.A.s are worthless as a criteria for hiring and test scores are worthless – no correlation at all except for brand-new college grads, where there’s a slight correlation,” Bock said. “Google famously used to ask everyone for a transcript and G.P.A.’s and test scores, but we don’t anymore, unless you’re just a few years out of school. We found that they don’t predict anything…On the hiring side, we found that brainteasers are a complete waste of time. How many golf balls can you fit into an airplane? How many gas stations in Manhattan? A complete waste of time. They don’t predict anything.” Source: New York Times Interview

The important thing about this information, is what it means to you – someone trying to decide the best course of action to your learn-prosper future. Here is the main take away. When it comes to getting a better job, one that is challenging, fulfilling and pays well, the things that have been valuable in the past are far less valuable today. Your opportunities are much more defined by how accomplished you are in the skills listed in the first paragraph of this blog than either the major or which college or university you attended. This all brings us to a discussion about the cost and value of your learning. This is a topic I will cover in future blog posts here. In the meantime, it is valuable to read “Your Future is Calling” to better understand why you should view learning as the path to the prosperous future you desire.

How to Separate Higher Education Politics from Facts

The politics of higher education confuses and distracts you from the decisions you need to make. What you need are facts. Here is a separation of higher education politics from the facts you need.

Buzz Today Source: The New York Times “College, the Great Unleveler” And because some colleges actually hinder social mobility, what increasingly matters is not just whether you go to college but where…More Americans than ever enroll in college, but the graduates who emerge a few years later indicate that instead of reducing inequality, our system of higher education reinforces it…Higher education is becoming a caste system, separate and unequal for students of different family incomes. Where students attend affects their chances of graduating and how indebted they will become in the process…invest more in Pell grants and community colleges It is a fact that community colleges represent a much lower cost of education. Typically the average annual cost is $3,000 to attend a community college. This makes enrollment at a community college a very attractive means to get an associate’s degree or the credits for the “gen ed” of a bachelor’s degree. But this choice is not without its negative implications. As the comments in BUZZ Today indicate, “where students attend affects their chances of graduating.” This statement could not be more accurate when it comes to the decision to attend a higher cost four year institution vs. going to a community college first. According to the US Department of Education, the official six-year graduation rate for four-year public universities is 57% compared to the official three-year graduation rate of 22% for public two-year colleges.

So what is the take away for you as you look at these facts? The take away is that the success you achieve from education depends far more on what you bring to your education than the specific institution you attend. Harvard University graduates well over 90% of its students. The reason Harvard has such a high graduation rate is because it is so highly selective at admissions. Conversely, community colleges have open enrollment, essentially admitting anyone and everyone. The fact is that Harvard students are more qualified from the point of admission which significantly increases the graduation rate from the institution.

Here is the bottom line of the politics vs. facts of higher education. When it comes to your individual success, the most important thing is what you put into your education. If you could get into Harvard University you would most likely graduate, not because of the institution, but because of “who you are”. Conversely, should you decide to go to a community college first, the fact is that, just as in the Harvard University case, your success will depend much more on “who you are” than the characteristics of the institution.

So when it comes to politics and policy, there is a lot of energy being expended on the institutional issues – for-profit vs. not for profit, selective admissions vs. open enrollment, high cost vs. low cost, etc. In the end, the fact is that your success in education depends most upon the decisions that you make about yourself. For help with those personal decisions see “Your Future is Calling” for how to tips, help and useful exercises.

What You Need to Know About Careers and Education

Learn Prosper is real. Two out of three jobs available today require some form of learning credential. There are millions of job opportunities every month. The overwhelming majority of those opportunities require that you have education credentials to even be considered. The BUZZ Today has the data. The analysis is in the body of this post.

Buzz TodaySource: US Bureau of Labor Statistics There were 4.0 million job openings in December 2013 and there were 4.4 million hires in December 2013. This makes a total of 8.4 million opportunities to find a new job or career in one 30 day period at the end of 2013.

The argument is over education in the future. There is a lot of debate about whether the forecasts for future jobs are real or not. The Lumina Foundation has a big goal: “To increase the proportion of Americans with high-quality degrees and credentials to 60% by the year 2025”. Another forecast of the demand for degree credentials comes from the highly regarded Georgetown University Center for Education and the Workforce which forecasts that the decade growth ending in 2018 will create 47 million new job openings. Of those new jobs, the forecast is for nearly two-thirds of them to require some post-secondary education.

Recently, some have argued that the value of an education is overstated and that forecasts of future labor demand are flawed.  Much of this argument is entangled with the fact that higher education has become too expensive. This fact is true. Higher education in America has become too expensive. But this is a different issue than whether labor markets demand an education.

The BUZZ Today data shows that there are millions of positions available in the labor markets today – 8.4 million opportunities last December alone to be precise. The jobs are there. What you need to know is what it takes to qualify. Here additional information is valuable.

The massive job posting service Monster.com has studied the mix of current job postings on their web site. What they found is that 60% of those postings required a bachelor degree or above. This is data on the job market today, not some contested forecast about future labor market conditions.

There is one additional fact that you need to know about this issue of career opportunities and education. Companies are receiving massive numbers of resumes for every position. To handle this very real challenge, most large companies use resume screening software to qualify job applicants. If your resume does not match the key words and qualifications of the job posting you will not get an interview. The bottom line is that for the vast majority of the millions of job opportunities you must have a degree credential to even be considered for the position. Without the credentials, it is extremely unlikely that you will be invited to interview.

The main conclusion is that an education vastly increases your chances for a new career. For personal guidance on how to most efficiently obtain that education, go to Your Future is Calling. The book is full of helpful guidance on linking “who you are” to careers and the education path you need to get to the future you desire.