New Agreement Will Result in More Earned Degrees
| by MNU News firstname.lastname@example.org
The Kansas Association of Community College Trustees (KACCT) and the Kansas Independent College Association (KICA), of which MNU is a member, announced the successful negotiation of a global reverse transfer agreement between all eighteen private colleges and all nineteen community colleges. The agreement is expected to significantly boost the number of Kansans who earn at least an associate’s degree, which has been linked to higher lifetime incomes, lower unemployment, better health outcomes, and increased community involvement.
Any student who earns at least 45 credit hours from a Kansas community college or 2-year private college, and then transfers to one of Kansas’ private, non-profit institutions may choose to take advantage of the global reverse transfer agreement. At the end of each academic year, the private, nonprofit colleges send the transcripts of those students back to their most recent Kansas community college. If the student has completed the relevant and sufficient credit hours at the private, non-profit college, the community college then mails the student his or her associate’s degree. Even if the student does not complete a four-year bachelor’s degree, they will still have earned at least an associate’s degree.
According to the U.S. Bureau of Labor Statistics, annual median incomes for associate’s degree holders are $2,600 higher than those with some college but no degree, and $6,500 more than those with only a high school diploma. The unemployment rate among associate’s degree holders is also 1.6 percentage points lower than for those with some college but no degree, and 2.1 points lower than those with only a high school diploma.
We’re very pleased with this agreement which will allow MNU to be of even greater service to our students,” says Dr. Mary Jones, provost. “The added benefit of transferring their MNU credit back to the community college will result in more degrees earned, while the student continues progress toward a bachelor’s degree. It’s a win for the students and the community.”
The agreement goes into effect in the 2015-2016 academic year.