Our student focus and quality programs stand out in the higher education market. However, higher education as an industry is being challenged on many fronts. There is a recent blog on GreatJobsMinnesota by Katherine Kersten explaining Amazon, Google and IBM’s decision to further develop and expand their own post-secondary credentialing and training programs. It is largely speculated that this is in response to higher education’s resistance/inability to align educational programs and graduates with labor market needs. A YouTube video: www.youtube.com/watch?v=zs6nQpVI164 titled “Success in A New Economy” produced by Citrus College explains the discrepancies between what higher education produces and labor market needs.
The video uses a simple formula, 1-2-7 to describe the mismatch. As of 2020, The U.S. Department of Labor estimates that for every