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PORTLAND, Ore.–(BUSINESS WIRE)–Presidents of colleges and universities that have maintained strong positions in the newly released 2021 Social Mobility Index (SMI) published by CollegeNET, Inc. are applying strategies that enroll and keep economically disadvantaged students in school despite mounting obstacles. They are speaking about the growing importance of their mission in the face of both Covid-19 and diminishing social mobility in the U.S.
Redefining the Notion of Prestige in Higher Education
The SMI was founded on the principle that growing disparity in economic opportunity is the most pressing problem of our time, and that higher education is in the strongest position to solve it. The SMI seeks to redirect the attribution of “prestige” away from colleges that are merely wealthy, and toward those that are advancing U.S. economic opportunity and social mobility.
“Unlike other college rankings that celebrate wealth and its proxies,” says CollegeNET President Jim Wolfston, “the SMI helps families and policymakers determine which colleges are addressing the national problem of economic mobility. Administrators have a better chance to help strengthen U.S. economic mobility and the promise of the American Dream if they can identify and learn from colleges that are skilled at doing this.”
“Given that the U.S. is now the least economically mobile among developed nations,” says Wolfston, “it is irresponsible to say an education institution is ‘better’ because it has a huge endowment, or because it admits students with higher SAT/ACT scores — which are most tightly correlated to family income. It is irresponsible to say an institution is ‘better’ because it drives up admissions application counts, turns away more students and then boasts about its ‘selectivity.’ In today’s world, where the American Dream is increasingly threatened, real prestige must accord to universities that educate and advance all motivated students, regardless of their economic background. This is the revolution in mission and values that the Social Mobility Index seeks to advance.”
Higher Education’s Vital Role in the Learning Age
“Higher Education is the most important asset in the Learning Age,” Wolfston explained in his keynote address at Old Dominion University’s Social Mobility Symposium. “If we can distribute this vital asset across the economic spectrum, we can optimize our nation’s human capital development, prepare the next generation for citizenship and ensure social and economic opportunity. Most importantly, by rejecting the current trend toward on-campus economic homogeneity, a higher education institution can offer its students the chance to encounter a more challenging mix of people with diverse ideas, perspectives, and backgrounds. Collisions with the unexpected and unfamiliar are what best sharpen and prepare innovative minds. Thus, economic inclusion is not only a solution to a social justice issue, but also an optimizing strategy for training tomorrow’s innovators.”
Changing the Value System in U.S. Higher Education
CollegeNET is the producer of the new documentary film, RIGGED. The full-length feature explains how the long prevailing Wealthist value system in U.S. higher education limits opportunity and upward mobility and thus undermines U.S. democracy. RIGGED builds on the historical premise that growing economic imbalance ultimately leads to social unrest, political upheaval, and war. Through interviews with authors, historians, educators, and students, RIGGED shows how the value system underlying U.S. higher education constitutes a major risk factor for triggering these historic consequences and how this value system can be changed. Since its release in April, RIGGED has been awarded Best Documentary Feature at three festivals: Toronto Magazine Film Festival, the Mindfield Film Festival, and the World Premiere Film Awards. RIGGED has also been selected for nine upcoming regional and international film festivals and nominated for Best Documentary at the New Vision International Film Festival in Amsterdam. RIGGED is currently streaming on iTunes, Apple TV, Vudu, and Google Play.
Read more about the SMI here.
Contacts
CollegeNET, Inc.
Jill Thacker
jill@collegenet.com
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