Why it matters: Higher education still measures learning by time—the Carnegie Unit. But “seat time” doesn’t reflect what students actually know or can do. The shift: Competency-Based Education (CBE) measures mastery, not minutes. It’s built for working parents,...
Making Degrees More Accessible Through Innovation and Cost Control
Making Degrees More Accessible Through Innovation and Cost Control
The Big Picture
In a candid discussion about higher education’s future, Excelsior University President David Schejbal emphasizes the enduring value of college degrees while highlighting innovative approaches to accessibility and affordability.
Why it matters
As debates around educational credentials intensify, traditional degrees continue to demonstrate strong ROI through higher lifetime earnings and broader societal benefits.
By the numbers:
- College graduates earn significantly more over their lifetime
- Higher employment rates among degree holders
- Better health outcomes and civic engagement
- Generous credit transfer policies and clear learning pathways prevent wasted credits
- Excelsior hasn’t raised tuition in 7 years
The bottom line
While alternative credentials gain traction, traditional degrees remain valuable investments, especially when institutions prioritize affordability and accessibility.
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