Learn to Earn Fund

Creating 10 Million More Career-Ready Americans

The Learn to Earn Fund aims to support and accelerate the development of 10 million more career-ready Americans by 2025. To do this the Fund works to scale postsecondary and career solutions with proven impact for low-income and underrepresented students in order to: 1.) prove that effective low-income student interventions can be scaled and sustained, 2.) discredit the excuses given for the career-readiness gap, and 3.) demonstrate effective strategies that next-generation innovators can draw upon.

College Access and Success Learning Lab
Problem

The largest 25 Social Entrepreneur-led college Access & Success nonprofit organizations meet 7% of the country’s need

Solution

Support scale of the most innovative organizations in the field by engaging in systems change activities to remove critical barriers to scale.

Approach

Apply New Profit’s Select, Fund, and Advise methodology to support field-level collaborative efforts in the College Access/Success field.

For more information on the College Access and Success Learning Lab, please contact Kevin Greer at kevin_greer@newprofit.org or Adetola Olatunji at adetola_olatunji@newprofit.org
Hybrid Partnership
Problem

Even the most promising, quality online postsecondary models struggle to achieve high graduation rates beyond the minority of students with advanced executive function skills.

Solution

Postsecondary partnerships between innovative community-based organizations and top online postsecondary providers can produce high graduation rates for underrepresented students at low-cost and meaningful scale.

Approach

Apply New Profit’s Select, Fund, and Advise methodology to support measurement, evaluation, policy, and learning community development that are required to seed, support, scale, and sustain the online postsecondary content, assessment, and credential providers approach and market.

For more information on the Hybrid Partnership initiative, please contact J.B. Schramm at jb_schramm@newprofit.org
Financial Security
Problem

While a college degree can be the key to accessing the American dream, more than three million students drop out of college annually due to financial stress. Numerous philanthropic entities, postsecondary and financial institutions have turned their attention – and dollars - toward helping students overcome the extra hurdles created by poverty. but their ambitious efforts remain uncoordinated and disconnected.

Solution

A convening of key players in the financial security ecosystem. These efforts will galvanize the field, surface high potential interventions ready for scaling, engage philanthropic entities committed to aligned action for student financial health and success, and move towards financial product innovation.

Approach

To address this gap, New Profit’s Learn to Earn Fund is designing an aligned action initiative that will scale interventions driving financial security for postsecondary students, thereby enhancing their chances for persistence and graduation.

For more information on the Financial Security initiative, please contact Abigail Seldin at Abigail_seldin@newprofit.org
Power Skills and Career-Readiness
Problem

Power Skills account for 7 of the top 10 “very important” skills needed in the workforce. But almost 60 percent of employers reported difficulties in hiring staff with the right mix of these skills.

Solution

Bring top innovators from across sectors to work on the problem, focus on young people when their brains are still malleable, and engage employers to ensure solutions meet their needs.

Approach

A Power Skills XPRIZE (Grand Challenge) to incentivize a broad range of innovators to compete, raise broad awareness about the importance of Power Skills, and stimulate the creation of a new market.

For more information on the Power Skills initiative, please contact J.B. Schramm at jb_schramm@newprofit.org or Sheeren Bellinghausen at Sheeren_Bellinghausen@newprofit.org