Newsletter Article
Member Benefit
Published Sun Nov 05 2023
The online training and credential marketplace has grown significantly since 2018, with more than 1.07 million different credentials, degrees, badges, certifications, and apprenticeship programs offered by more than 59,000 providers. However, the absence of industry-wide standards for course quality and curriculum makes it challenging to distinguish quality programs. What’s needed are training programs that offer articulated credits for both employers and job seekers. Articulated credits validate training program efficacy, indicating that these programs have been evaluated with academic rigor, making them suitable for upskilling and reskilling. Academic institutions are increasingly aligning external training programs with their course catalog, allowing trainees to earn college credits while acquiring skills. This approach benefits both learners and employers. These training programs can also offer a pathway to a college degree, potentially saving students significant tuition costs. Employers can use articulated credit models in recruiting, attracting candidates who can gain both skills and a degree. Other programs and initiatives include the EQOS framework for measuring training program impact based on employment and earnings and the National Association of Workforce Boards’ push for skills-based hiring. These developments aim to provide more transparent measures of training quality and a shift toward valuing skills and experience over traditional degrees in employment.
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