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EducationDynamics Predicts Intense Demand for Student Retention Programs in Response to President Barack Obama's Call to Improve Retention Rates
Higher Education's Leading Marketing Company Provides the Solution to President Obama's Access and Completion Incentive Fund
| Source: EducationDynamics
HOBOKEN, NJ--(Marketwire - March 23, 2009) - Demand for student
retention programs is expected to intensify this year, according to
EducationDynamics, in response to President Barack Obama's $2.5 billion
allocation to support state efforts to help low-income students succeed and
graduate from college. An increasing number of post-secondary institutions
are likely to seek outcomes similar to the schools nationwide already
utilizing EducationDynamics' (http://www.educationdynamics.com) programs,
which are proven to boost retention rates by seven percent on average among
program participants.
Student attrition rates among traditional and online institutions have been
on the rise in recent years -- as high as 50 percent for traditional
students and upwards of 60 percent for online learners. As part of the Access and Completion Incentive Fund, many colleges and
universities will have access to a portion of $2.5 billion over five years
to dedicate to innovative programs to bolster student engagement and
retention.
An increasing number of post-secondary institutions are expected to adopt
an array of engagement tools that allow students to explore support
services and resources on their own time and in their preferred medium --
the Internet. The most effective student retention programs incorporate the
following, based on research by EducationDynamics:
1. Early-warning alerts -- Programs that identify and help at-risk
students early on in the student-school relationship, greatly reducing the
risk of attrition.
2. Purpose networks or academically purposeful social networks --
Student-friendly e-communities that allow users to interact through instant
messaging and interactive activities before and/or after matriculation.
Typically, participants can create their own profiles, identify students
with shared interests and form study groups in a highly-secure online
environment.
3. Proprietary content -- Customizable content designed to aid campus
engagement, and academic and social integration, as well as usher students
into high-impact activities.
4. Contests -- Online games (such as trivia quizzes and scavenger hunts)
designed to educate students about their school's resources, proven to
increase student involvement and help students feel more connected to their
school and community.
5. Health and wellness resources -- Interactive resources designed to
promote general wellness, and physical and mental health through
educational articles, self-assessment screening tools and self-improvement
modules that can be less intimidating than speaking face-to-face with a
counselor or other administrator.
"We are extremely pleased to know that our tools and services give colleges
proven tactics to achieve the Department of Education's goals of helping
more students complete college," says John Mathew, president of the
Enrollment and Retention Services Division of EducationDynamics. "Our
student retention solutions meet students on their own interactive turf,
while providing administrators with a range of tools to identify students
at risk."
President Obama is expected to provide additional details about his Access
and Completion Incentive Fund in late April. This commitment to student
retention is part of the President's larger goal for the United States to
once again have the highest proportion of college graduates in the world by
2020.
About EducationDynamics
EducationDynamics, a portfolio company of Halyard Capital, is higher
education's leading marketing and information services company dedicated to
helping institutions find, enroll and retain more students. Its
content-rich and highly visible education websites, including
EarnMyDegree.com, eLearners.com, GradSchools.com, StudyAbroad.com and its
more than 50 special interest microsites, make EducationDynamics the
premier provider of qualified prospective students for colleges and
universities. In addition, the company offers a full suite of Web-delivered
services proven to drive enrollment growth and reduce student attrition.
For more information, visit http://www.educationdynamics.com.