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University of Phoenix's Insights on Credit for Prior Learning

The University of Phoenix has recently published a white paper titled "Untapped Potential: How Credit for Prior Learning Can Redefine Employer Outlook on Professional Development". This insightful document, authored by Devin Andrews, Vice President of Admissions and Evaluation, explores the role of Credit for Prior Learning (CPL) in enhancing employee development and retention. It draws conclusions from a survey conducted with over 1,800 participants, including HR managers and employees across the nation.

The Underlying Opportunity

The white paper reveals that while a significant 98% of HR managers recognize the importance of internal employee mobility, many workers feel that advancement opportunities are limited within their companies. Alarmingly, only 33% of employees agree that their organizations provide adequate paths for advancement. This disconnect signifies an opportunity for employers to rethink their strategies.

CPL emerges as a game-changing concept that can bridge this gap. The analysis indicates that over 43 million Americans possess some college credit but have not completed their degrees. These credits are often underutilized and can be leveraged to accelerate educational progress and career advancement. Most importantly, CPL acknowledges the skills learned outside of traditional classroom settings, making it essential for working adults balancing multiple responsibilities.

Strengthening Workforce Engagement

The findings were enlightening, indicating that 89% of HR managers were quite familiar with CPL and viewed it as a credible option for enhancing retention. In fact, 67% of managers agreed that enabling employees to utilize their work experiences as academic credits could foster a more engaged workforce. CPL not only facilitates clearer communication of skills to employers but also empowers workers with faster pathways to higher learning and specialization.

The survey disclosed that approximately 45% of employees felt that CPL would give their employers a better insight into their skills. Meanwhile, 41% of respondents believed it assists them in articulating the skills they've garnered through prior experiences. These insights highlight the growing recognition of CPL as a tool for both employee and employer benefits.

Economic and Time Benefits

University of Phoenix's analysis on the recession of educational redundancy showcased how CPL implementation can generate substantial cost savings for working adults. Over three fiscal years (2023-2025), more than 32,000 students leveraged CPL options, resulting in an average tuition saving of around $5,408 per student. Such figures emphasize the tangible benefits associated with CPL adoption.

Key Recommendations for Employers

To cultivate a strong credit mobility culture, the white paper recommends that employers take strategic steps, including:
1. Partnering with Educational Institutions: Collaborate with universities that offer structured CPL processes.
2. Visibility of CPL Options: Ensure that CPL opportunities are easily accessible to employees.
3. Aligning with Learning Strategies: Associate CPL with existing tuition benefits and learning development plans.
4. Bridging Perception Gaps: Communicate to employees the credibility of CPL-inclusive credentials.

These strategies reinforce the importance of recognizing prior learning to create an environment that values experience and promotes internal career pathways.

The Role of Devin Andrews

Devin Andrews brings a wealth of experience to this initiative, having held various roles at the University of Phoenix since its inception. She has committed herself to improving outcomes for students, particularly focusing on increasing credit mobility and CPL opportunities for working adults. Furthermore, Andrews has contributed significantly to the national dialogue on CPL through her involvement in prestigious organizations such as the American Association of Collegiate Registrars and Admissions Officers (AACRAO).

In conclusion, the University of Phoenix's white paper serves as a guide to integrating Credit for Prior Learning into organizational frameworks. By doing so, companies can not only enhance employee satisfaction and retention but also foster a more skilled workforce in today’s dynamic job market. The entire white paper is available for download at the University of Phoenix Media Center.