IWNC National leadership Forum The Future of CTE: online & Hybrid Education

1. IWNC National leadership ForumThe Future of CTE:online & Hybrid Education Peter Ockerbloom Sr. Vice President, Client Management, Penn Foster September 18, 2013

2. Massive Challenge:Skills Gap Yet, employers still cannot find enough qualified workers to fill middle-skilled jobs Bureau of Labor Statistics More than 12 million remain unemployed Nearly 4 million jobs go unfilled http://www.infosecurity-magazine.com/view/30325/a-risk-managementbased-look-at-the-infosec-skills-gap/

3. Massive Challenge:Student Debt Finical burden 4% OVER $100k $150B PRIVATE LOANS Community College: $10,000 per graduate (13% take out loans) 33% OVER AGE 40 13% Over 50k Public Non-Profit: $20,000 per graduate (48% take out loans) 67% UNDER AGE OF 40 $864B GOVERMENT LOANS Private Non-Profit: $24,600 per graduate (57% take out loans) Avg $26k Private For-Profit: $32,700 per graduate (96% have loans) Amount Age Balances Institution “30% of borrowers over 90 days behind and at risk of default”* * not including loan deferment or forbearance, Federal Reserve Bank of New York, 2013

4. Why hasn’t cte taken hold?: Career Technical Education (CTE) Is Broken • No common definition • Expensive • Not connected to employers needs

5. CTE by the numbers 1.8% “vocational” 4-8% Federal (Perkins) $13,728 “vocational” $10,560 $13B Vocational 48M 20-40% higher # of K-12 Students in US Total Spend Cost Per Student State Department of Education http://education.stateuniversity.com/pages/2446/State-Departments-Education-VOCATIONAL-EDUCATION.html

6. A closer look: What’s wrong with CTE? #1 Outdated Educational Delivery Models Does Not Meet the Needs of Individual Learners #2 #3 Complex and Inefficient Administrative Structure Perception: Low Skill, Low Wage #4 #5 Lack of Innovation Credentialing for Practical, Competency Based Education #6

7. A Path Forward: Online and Hybrid Learning “ By 2020 there will be mass adoption of teleconferencing and distance learning to leverage expert resources … a transition to ‘hybrid’ classes that combines online learning components with less-frequent on-campus, in-person class meetings.” PEW/Elon University Study, July 2012 http://pewinternet.org/Reports/2012/Future-of-Higher-Education.aspx

8. Why Hybrid Learning • Less Expensive: Jan 2012 Fordham Foundation Report

9. Why Hybrid Learning • A Model that Works • (even for most at-risk students) • Partner with 40 Job Corps locations across the US • Career Pathway Electives aligned with Job Corps 11 industry clusters • Graduated 11,028 Job Corps students to date • 104% Performance Rating

10. We offer multiple pathways for CTE

11. Penn Foster: Career Training Heritage The original correspondence school, deeply rooted in the need to train Americans in the technical skills required to find jobs in their local area. Circa1890

12. Penn Foster Today: Leader in career focused online and hybrid education 3 3 2 2 1 1 Largest and oldest school for career preparedness with annual enrollments of 150K+ Largest and oldest school for career preparedness with annual enrollments of 150K+ Regionally and nationally accredited; Tier 1 approved Regionally and nationally accredited; Tier 1 approved Experience:400+ secondary and post-secondary partnerships including 45 Job Corps. Experience:400+ high school & charter school partnerships including 40+ Job Corps. 4 4 5 5 6 6 Experience:Training partner to over 1000 corporations Turnkey and customized to meet your needs. Focus: high-growth industrial occupations: electrician, welder and HVAC technician& industries: utilities, manufacturing and construction Experience: Training partner to over 1000 corporations Low Cost High School Diploma $599; Career Certificates 70% less than market average. Affordable Debt- Free Career Diplomas >$1000 College Degrees $79/credit http://www.wallpapers-room.com/3686/filter/random/industrial/2/

13. WHERE WILL THESE WORKERS COME FROM?