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Important Alternative Models for Best Serving the Student . Steve Ernst VP Innovation and Strategy Interim Dean – School of Business and Technology. Excelsior College. Private, non-profit , open access, online higher education institution
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Important Alternative Models for Best Serving the Student Steve Ernst VP Innovation and Strategy Interim Dean – School of Business and Technology
Excelsior College • Private, non-profit, open access, online higher education institution • Regionally accredited: Middle States Commission on Higher Education • Comprehensive array of degree programs • Founded in 1971; more than 150,000 graduates • Current enrollment: 37,000 • Highly personalized learning/services model • Affordable high quality education • Students who have loans from Excelsior: 10% • Average debt burden of students with loans: $9,600 • Cohort default rate: 4.6%
Excelsior College Founding Philosophy “What you know is more important than where or how you learned it”
Excelsior College • Alternative Models: Four options • Prior Learning Assessment • Credit by Exam • Competency-based Education • Online Courses • NOTE: • All models leverage a common learning outcomes and competency framework • Low residency requirement
Excelsior College • Prior Learning Assessment: • LearningCounts (CAEL) • Evaluation and transfer of non-academic credit
Excelsior College • Credit by Exam: • High-stakes psychometrically evaluated • Self-study, with option for faculty mediation • Proctored exams
Excelsior College • Competency-based Education: • Time-independent (with time restrictions to meet financial aid rqmts) • Detailed learning outcomes and competency unit framework • Based on credit hour (can quickly switch to competency unit-based) • Faculty-mediated • Leverages adaptive learning + projects + simulations
Excelsior College • Online Courses: • Time-dependent (term structure) • Higher-level learning outcomes and competency unit framework • Faculty-led • Incorporates adaptive learning, projects and simulations on an as-needed basis
Important Alternative Models for Best Serving the Student Steve Ernst VP Innovation and Strategy Interim Dean – School of Business and Technology
“Excelsior College v4.0” • Personalized learning, advising and student services • Adaptive learning models and systems • Project- and simulation-based learning • Learning analytics • Faculty focused on areas of greatest need • Outcomes-oriented (start at the end) • Outcomes-based and competency-based • Aligned to real-world skill requirements • Smart use of technology plays a key role • Interoperability of relevant technologies