Report

Alternative Credentials in Higher Ed in US – Ninety-four percent of respondents’ institutions offer alternative credentials

The goal of this research is to better understand the landscape of alternative credentials, and the programmatic and business models that sustain them. The results of the study show that institutions of higher education have overwhelmingly embraced alternative credentials, with a range of offerings that include non-credit certificates, professional certificates, badges, bootcamps, and MOOCs. This is not surprising, given that UPCEA membership is composed of institutions focused on online, professional, and continuing education, most of which have well-established programming that is not for credit. The number of credentials offered across member institutions varies, with an average of 64 credentials offered.

What is surprising is that there are still a significant number of institutions that do not feel that alternative credentials are a strategic priority. This is noteworthy because those which have alternative credentials in their strategic plan seem to have more support to explore and develop programming. Those resources are invaluable given the multifaceted approach needed to navigate the complex and changing landscape of higher education.

Many institutions are leveraging their existing curriculum and faculty expertise to develop alternative credentials. This includes deconstructing courses, both for-credit and non-credit, for delivery as alternative credentials. Faculty are actively involved in this effort. Employer engagement and partnerships are also instrumental, both by providing invaluable input into the skills that need to be learned, as well as co-creating curriculum. Many universities cited employer engagement as a priority and a challenge. Employers are strategic partners and consumers of the content, but often there are multiple parties responsible for employer outreach on our campuses, which causes confusion.
Institutions are designing alternative credentials to be stackable, recognizing the value of stack-ability to the learner and the potential complement to credit-bearing programs. Larger universities have a greater number of stackable alternative credentials.

Business models for alternative credentials vary significantly with very few using the same business model for alternative credentials that they use for their existing non-credit offerings. There is a mix of fee-based and revenue share business models, and not all have a clear focus on the financial viability of alternative credentials. Institutions using the revenue share model have slightly higher confidence that their model is both financially sustainable and scalable than those using the fee-based model. Pricing for credentials varies even more with little consistency in how pricing is determined. Again, this is not surprising given the newness of alternative credentials. What is interesting to note is that organizations which have been doing this longer are less consistent than those which have only begun to offer alternative credentials in the past year.

Ninety-four percent of respondents’ institutions offer alternative credentials and 5% do not.

Chosen excerpts by Job Market Monitor. Read the whole story @ New Research: UPCEA Reveals Key Findings on Alternative Credentials – UPCEA

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