Credentials News Unleashed #2

Following is the latest edition of the bi-monthly newsletter I write for  Parchment employees to help them stay current on the credentials market.

Making a Better Match

  • In a New York Times interview “How to Cure the College Dropout Syndrome,” Jeffrey Selingo (former Editor of the Chronicle of Higher Education) said that “College is one of the biggest financial investments we make in our lifetime, yet many families largely make their decision based on emotion… so many students end up poorly matching to their campus. That’s why a third of students now transfer before earning a degree, and many unfortunately simply drop out.” The interview was tied to his recent book “College (Un)Bound,” which discusses many of the issues higher education faces, including the technologies he predicts will transform it for the better.
  • In “The College ‘Perpetration Gap’ in a single graphic,” the Washington Post demonstrated the disconnect between high school and college. Meanwhile the Common Core standards are looking to close that gap. If you aren’t familiar with the Common Core, you’re in luck as there is an Infographic that explains “What Everyone Needs to Know About Common Core State Standards.”

Student Data

Credentials and MOOC’s

Word of the Week:

  • Todays word isn’t a word, but an acronym – and one we should all be familiar with. FERPA, or the Family Educational Rights and Privacy Act, is the Federal law that protects the privacy of student education records and applies to all schools that receive funds from the US Department of Education.  While some states have additional protections, FERPA is the law that specifies when student records can be released and applies to Parchment as an agent to our member schools sending transcripts through the Parchment Exchange.

Happy reading!

 

 

 

Nearly 90 countries are using Parchment Exchange

 

international-flags

While I knew that we have been working with schools in a number of countries – I had no idea how quickly our international presence had grown; and figure if this is news to me, it’s news to you.

A few weeks ago I received emails announcing new signings in both Saudi Arabia and Peru on the same day. This international daily double piqued my curiosity as to where we stood on the map. A query later, I discovered that we now have members in 6 continents (we haven’t cracked the Antarctic market) and schools in nearly 90 countries, which I found both shocking…  and not so much.

I was shocked because I had no idea how quickly our international presence had grown. It is only recently that we began to focus on the international market. While we had not been actively promoting our service overseas, schools around the world have sure been finding us; and with more international students attending American colleges than ever before, the fact that these schools are looking to Parchment for help is not a surprise at all.

The traditional benefits associated with sending eTranscripts generally come down to process efficiencies leading to saving time and money, speedier delivery and improved student services. When talking about these benefits, there is perhaps no greater beneficiary than the international school sending transcripts across oceans, looking to cut down a delivery that may have taken weeks to what is now minutes, while eliminating the cost of international postage.

When talking about our international presence, it isn’t just high schools and colleges registering to send transcripts, but also colleges signing up to receive eTranscripts; especially relevant as the number of American students enrolling in college oversees is also rising.

With this rise in student mobility, I expect to see continued growth in our international member count as high schools and colleges around the world look to the Parchment Exchange and a more efficient way to exchange student data.

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