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InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
InsideTrack: Addressing the 5 truths of Higher Education
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InsideTrack: Addressing the 5 truths of Higher Education

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Addressing the 5 truths of Higher Education …

Addressing the 5 truths of Higher Education
By Pete Wheelan, CEO, InsideTrack
Truth #1: Higher education is essential to a productive society and global economy
Truth #2: Getting students to finish takes work
Truth #3: Improved access has resulted in a much more diverse student body
Truth #4: Colleges need to increase attainment while lowering tuition and controlling costs
Truth #5: Most graduates are underprepared for life after school

Published in: Education, Business
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  • 1. 1Confidential © InsideTrack, 2014 InsideTrack: Addressing the 5 truths of higher education Pete Wheelan, CEO
  • 2. 2Confidential © InsideTrack, 2014 Truth #1: Higher education is essential to a productive society and global economy Expanding involvement in higher education positively impacts: • Individuals • Families • Communities • Countries • Global Prosperity
  • 3. 3Confidential © InsideTrack, 2014 Truth #2: Getting students to finish takes work Only 54% of college students graduate within 6 years Even at private 4-year colleges, fewer than 70% finish in 6 years
  • 4. 4Confidential © InsideTrack, 2014 “Post-Traditional” is the new normal • First generation • Low income • Working adults • Raising families • Attending part-time • Learning online 36% are >25yrs old 32% work full time 23% are parents Only 15% of students live on-campus at 4yr colleges Truth #3: Improved access has resulted in a much more diverse student body
  • 5. 5Confidential © InsideTrack, 2014 Truth #4: Colleges need to increase attainment while lowering tuition and controlling costs
  • 6. 6Confidential © InsideTrack, 2014 Truth #5: Most graduates are underprepared for life after school Only 11% of business leaders strongly agree that higher education institutions in this country are graduating students with the skills and competencies their businesses need. (Gallup/Lumina 2013) How well prepared are most applicants with the knowledge and skills they need to do the job? (FTI Consulting, Hiring Survey 2011)
  • 7. 7Confidential © InsideTrack, 2014 Our idea in 2001: Coaching is widely accepted for top athletes, executives…why not students? “No one coaches themselves to Olympic levels of success. They all had a coach to structure their practices, to correct their trajectories and to the keep them motivated.” Dr. Angela Duckworth Assistant Professor of Psychology University of Pennsylvania
  • 8. 8Confidential © InsideTrack, 2014 Fast forward to today: 100s of studies show that coaching improves student outcomes “The results are clear: coaching had a clear impact on retention and completion rates, and the results do not change when we control for key demographic factors. Also, expenditures on coaching are much smaller than the costs of other methods to encourage persistence in college.” Professor Eric Bettinger, Stanford University
  • 9. 9Confidential © InsideTrack, 2014 In fact, coaching is beneficial across the entire student lifecycle Enrollment Coaching • Conversion (inquiry, app, admit) • Yield (melt prevention) • Strong Start (prep for success) Success Coaching • Transition (first 2 terms) • Continuation (on-demand, trigger-based) • Special populations (military, Pell, FG, etc.) • Special situations (probation, stop-out, etc) Career coaching • Structured • Structured + Ad Hoc Enrollment growth and diversity Competitive differentiation Improved efficiency Valuable market insights Higher retention and completion Tailored student experience Improved operational effectiveness Valuable student insights Better career readiness Stronger employer relations Stronger alumni relations Brand differentiation 10-15% more students Streamlined enrollment processes 15% higher peristence / graduation Continuous operational improvement Better Career Preparedness Improved alumni / employer satisfaction
  • 10. 10Confidential © InsideTrack, 2014 Coaches help students develop the non-cognitive (“soft”) skills that make them successful 0 1 2 3 4 5 6 7 8 9 10 Grit Growth Mindset Use of Support Self-Awareness Positive Self- Concept Global Perspective At Start After Intervention College or workforce readiness Conceptual Non-Cognitive Profile of a Student, Before and After Coaching …and that employers believe are lacking in today’s graduates
  • 11. 11Confidential © InsideTrack, 2014 Coaching addresses the ACTUAL reasons why students drop Other Academics Health and Support Effectiveness/Follow-Through Finances Commitment to Graduation External Commitments School Community 0% 10% 20% 30% 40% Primary Student Drop Reason Post-Traditional Traditional Academics are not the main reason students leave college
  • 12. 12Confidential © InsideTrack, 2014 Thanks to smart investments in our people, data and technology, we can do it at scale • 700K+ students coached • Adding 125K+ students per year • 10K+ coach-student meetings/week Generating rich data on the student experience and the operational effectiveness of institutions Robust, scalable IT Analytic excellence Multi-channel coaching Operational effectiveness
  • 13. 13Confidential © InsideTrack, 2014 The Logrado acquisition accelerates our progress BREAKING NEWS: InsideTrack acquires Logrado… • Enhanced multi-channel delivery • More tailored student engagement • Richer, more timely analytic insights
  • 14. 14Confidential © InsideTrack, 2014 InsideTrack benefits society by supporting individuals and organizations in their pursuit of potential In a nut shell, using a blend of people, data and technology… And we’re always looking for partners equally dedicated to transforming higher education
  • 15. 15Confidential © InsideTrack, 2014 CONTACT US Pete Wheelan Chief Executive Officer Pete.Wheelan@InsideTrack.com Kai Drekmeier Founder and President Kai.Drekmeier@InsideTrack.com

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