Kresge Foundation $2 Million Loan Expands CAEL’s Prior Learning Assessment Service
In case you missed it, the Kresge Foundation, the prominent philanthropic foundation dedicated to expanding opportunities in America’s cities, provided CAEL with a $2 million low-interest loan. The loan is being used to expand CAEL’s LearningCounts online prior learning assessment (PLA) service, which helps students gain credit via portfolio. PLA expedites the process of degree or credential attainment, saving students time and money, encouraging program completion.
As previously noted, Kresge also recognized CAEL in its 2015 annual report for its support of adult learners to expanding opportunities for learning, employability and career success.
To read more about how the loan is driving both CAEL and Kresge to meet the organizations’ education attainment goals, click here. To find out more about LearningCounts and how it's helping adult learners reach their education goals, click here.