2021 news archives

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Colleges must change

The following article is from Inside Higher Ed

April 5, 2021

This education expert used ECMC Group’s recent Question The Quo survey data in an opinion article discussing how student demands for higher education will change their course.

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ECMC Group and U of M Holmes Center for Entrepreneurship announce 2021 DePodesta leadership fellows

Press Release

March 30, 2021

DeeDee Gorman, senior community relations specialist for ECMC Group, has been appointed to the board of directors for the Corporate Volunteerism Council—Twin Cities (CVC-TV), a professional organization for organizations that promote volunteerism throughout the community.

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ECMC Group appoints Jennifer Anderson and James Runcie to board of directors

Press release

March 29, 2021

ECMC Group, a nonprofit with a mission to help students succeed, today announced the appointment of Jennifer Anderson and James Runcie to its Board of Directors.

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Fewer students apply for college financial aid amid pandemic; "It's like walking in blind"

The following article is from WTVR-TV Richmond

March 26, 2021

Tomika Brown, director of ECMC’s The College Place Richmond, was interviewed for a story about a new effort in Virginia to boost FAFSA completion rates.

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Avanti completes $37 million series a financing ahead of digital asset bank launch

PR Newswire Press Release

March 26, 2021

ECMC Group is among a number of investors that contributed to Avanti Financial Group’s Series A financing round.

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98% of college applicants need financial aid to fund their education

The following article is from ValuePenguin

March 24, 2021

This article uses data from ECMC Group’s recent Question The Quo surveys in an article about how students and families are thinking about student debt and the financial side of college enrollment.

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ECMC Group and U of M Holmes Center for Entrepreneurship announce 2021 DePodesta leadership fellows

Press Release

March 24, 2021

Minneapolis-based ECMC Group, in partnership with the Gary S. Holmes Center for Entrepreneurship at the University of Minnesota’s Carlson School of Management, has announced two new John DePodesta Education Innovation Fellowships.

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As enrollment crashes, universities are reinventing themselves

The following article is from EdScoop

March 23, 2021

ECMC Group’s Question The Quo survey data was used in an article about how many institutions are being forced to reinvent themselves on the fly due to slipping enrollment.

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New Service designed to assist Virginia students applying for financial aid

The following article is from WDBJ-TV Online

March 23, 2021

The state of Virginia announced the launch of a free service to assist students and families applying for financial aid. ECMC’s The College Place locations are among the college access providers involved in the collaboration.

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Virginia high school seniors receive free help with financial aid application process

Access College Foundation, ECMC’s The College Places, GReat Aspirations ScholarshiP Fund (GRASP), and Virginia College Advising Corps to provide one-on-one guidance

March 22, 2021

With completion of the Free Application for Federal Student Aid (FAFSA) down substantially, organizations across Virginia are coming together to assist students to ensure they are able to complete the process and uncover financial assistance for college.

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It's not too late. Financial aid for college is available for Virginia's seniors.

The following article is from the Richmond Times-Dispatch

March 22, 2021

A new collaboration from Access College Foundation, ECMC’s The College Places, GReat Aspirations Scholarship Program, the Virginia Association of Student Financial Aid Administrators and the University of Virginia’s Virginia College Advising Corps aims to boost FAFSA completion in Virginia.

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From nice to have to necessity: SEL for schools takes precedence

The following article is from MarketScale

March 19, 2021

EmpowerU founder and CEO Katie Dorn talks about how the perception of Social Emotional Learning (SEL) has been completely transformed during COVID. EmpowerU is a company in ECMC Group’s Education Impact Fund portfolio.

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New fund will help colleges consider possible collaborations, mergers

The following article is from Forbes

March 19, 2021

This story shared details about the new Transformational Partnerships Fund, an effort by ECMC Foundation, which aims to assist colleges and universities seeking collaborations, partnerships and mergers.

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Gen Z high school students rethinking their pursuit of higher education

The following interview is from Cheddar TV

March 18, 2021

Jeremy Wheaton, president and CEO of ECMC Group, discusses how a growing number of high school students are opting out of college and shares the results of our recent Question The Quo surveys.

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New fund aims to help colleges pay for merger explorations

The following article is from Inside Higher Ed

March 18, 2021

This article shared details about the new Transformational Partnerships Fund created by ECMC Foundation, which aims to assist colleges and universities seeking collaborations, partnerships and mergers.

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Amid COVID-19 chaos, fewer US students pursue university

The following is from Voice of America

March 17, 2021

This article shares the results of ECMC Group’s recent Question The Quo survey as part of a story examining student enrollment during the pandemic.

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Could these new grants end the taboo over mergers and partnerships?

The following article is from The Chronicle of Higher Education

March 17, 2021

This reporter examines the new Transformational Partnerships Fund created by ECMC Foundation, which aims to provide money to help colleges explore a host of “transformational partnerships,” including mergers, aimed at improving academic outcomes for students.

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Fewer kids are going to college because they say it costs too much

The following article is from CNBC

March 15, 2021

Jeremy Wheaton, president and CEO of ECMC Group, was interviewed in a story about how a growing number of would-be undergraduates are opting out of college. The article also shares ECMC Group’s Question The Quo survey data alongside other stats illustrating how the pandemic has accelerated the problem of affordability. This article was picked up by 14 other news outlets.

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High school students are questioning higher ed’s status quo

The following article is from eSchoolNews

March 12, 2021

After experiencing an unprecedented year marked by a global pandemic, racial unrest, and a turbulent U.S. presidential election, today’s teens have shifted their thinking when it comes to their educational path after high school, according to new survey data.

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More than 41% of Gen Z job candidates think employers should use virtual recruiting

The following article is from ValuePenguin

March 8, 2021

ECMC Group’s Question The Quo survey results were used alongside other survey data about Gen Z’s expectations for future employers.

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College of DuPage's 'stackable credentials' can open doors to new career opportunities

The following is from the Chicago Daily Herald

March 5, 2021

ECMC Group’s Question The Quo survey data was used in an article about how stackable credentials can help rebuild the post-pandemic workforce.

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Breland: Biden’s education plan opens doors for millions

The following article is from the San Jose Spotlight

March 4, 2021

ECMC Group’s Question The Quo survey data was used as part of an article about President Joe Biden’s “Plan for Education Beyond High School.”

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VC Funding update: Boston startups and tech firms raised $2.3B in February

The following article is from BostonInno

March 3, 2021

ECMC Group’s Education Impact Fund was mentioned in an article about Boston-area startups, tech companies and other innovators collectively raising just under $2.3B in February.

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Intelligent.com announces best dental assistant degree programs for 2021

PRWeb Press Release

March 2, 2021

Altierus Career College-Norcross was included in a list of the Top 32 Dental Assistant Degree Programs for 2021 by Intelligent.com, a trusted resource for online degree rankings and higher education planning.

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More gen zers consider trade school due to pandemic

The following article is from ValuePenguin

February 26, 2021

ValuePenguin, a publication by LendingTree, shared the results of ECMC Group’s third Question The Quo survey and provided information on navigating the student loan repayment process.

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Teens cool toward four-year college, warm up to CTE

The following is from Community College Daily

February 25, 2021

A new national survey of U.S. teens indicates their likelihood of pursuing a four-year degree has decreased substantially over the past eight months, while a growing number believe they can achieve professional success with a postsecondary education attained in three years or less.

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Gen Z leery of 4-year degree paths, surveys show

The following article is from University Business

February 19, 2021

University Business shared the results of ECMC Group’s third Question The Quo survey, providing examples of what colleges and universities can do to reach a generation of students affected by the pandemic and the myriad options they have in furthering their education.

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Gen Z more open to careers in the skilled trades

The following article is from Contractor Magazine

February 19, 2021

Contractor Magazine shared ECMC Group’s press release announcing the results of our third Question The Quo survey, which asked high school students for their thoughts around their future education and career paths.

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Today’s teens questioning the status quo when it comes to college

Press Release

February 18, 2021

National survey finds high schoolers want lower-cost, quicker paths to careers: 50 percent are open to something other than a four-year degree.

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MATTER board of directors elects Amanda Escen as chair

MATTER Press Release

February 17, 2021

MATTER announced today that Amanda Escen has been elected as board chair. Amanda assumes the board chair position from Casey Carl, EVP and Chief Omni Strategy and Operations Officer at Walmart, who will continue to serve on the MATTER board.

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OnRamp education & workforce innovation conference to take place June 17th, 2021

OnRamp Press Release

February 17, 2021

Conference will bring together the education and workforce industries’ leading corporations and connect startups, corporations and investors in Edtech and Workforce Innovation.

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AdmitHub raises $14 million for AI-powered education-focused chatbots

The following article is from VentureBeat

February 16, 2021

AdmitHub, a startup developing a chatbot platform aimed at boosting student enrollment and graduation rates, revealed it has raised $14 million in a series B round led by Rethink Education, joined by ECMC Group's Education Impact Fund and Kresge Foundation's impact investment fund.

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Altierus Career College-Tampa and Ultimate Medical Academy-Clearwater partner to provide on-ramps to nursing careers

February 11, 2021

Altierus Career College-Tampa and Ultimate Medical Academy (UMA), Clearwater, today announced a new partnership designed to help fill gaps in the nursing workforce.

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ECMC Group, Alumnus, and NBAEF offer public school staff COVID-19 grants

Press Release

February 4, 2021

The North Branch Area Education Foundation (NBAEF) announced that it has created the Educator’s COVID-19 Relief Fund to help North Branch Area Public Schools staff pay for COVID-related expenses using a grant from ECMC Group/ECMC Foundation.

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Venture capitalists invested a record $1.9B in Minnesota in 2020

The following artilce is from the Star Tribune

February 1, 2021

Minnesota companies attracted a record $1.86 billion in venture capital in 2020, up from $1.27 billion in 2019, in a year that also set a national record for investments in young growth companies, according to PitchBook and the National Venture Capital Association. ECMC Group’s Education Impact Fund’s investment in the Twin Cities-based EmpowerU is mentioned in this article.

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ECMC Foundation launches catalyzing transfer initiative

PR Newswire Press Release

January 14, 2021

ECMC Foundation announced the launch of the Catalyzing Transfer Initiative (CTI), a national shared learning and collaboration effort between high-impact non-profit organizations that aims to build, manage, and activate new ways to increase successful transfer of postsecondary credits and timely bachelor degree completion among marginalized racial and ethnic groups.

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Twin cities entrepreneur develops mental health website for teens

The following article is from the Star Tribune

January 11, 2021

A Minnesota-based startup focused on providing mental health support services to students raised $1 million in funding, which includes an investment from ECMC Group’s Education Impact Fund.

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Career education is one thing Biden and McConnell can agree on

The following article is from Morning Consult

January 6, 2021

Jeremy Wheaton, president and CEO of ECMC Group, wrote an article for Morning Consult discussing the importance of focusing on issues with bipartisan support, including career and technical education.

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EmpowerU, a student sel service, takes in $1 million in seed funding

The following article is from eLearningInside

January 5, 2021

The Twin Cities-based EmpowerU announced on January 5 it had secured $1 million in seed funding, which includes backing by ECMC Group’s Education Impact Fund.

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