Coordinate higher education to strengthen your regional economy

Friday, November 15, 2002

Postsecondary education is critical to economic development. In a step that could provide a good approach to follow, Ohio and Kentucky officials have signed an agreement to extend in-state tuition benefits to students living in Ohio and Kentucky counties near Ashland, KY.

EDPros need to pay attention to these type of agreements. Not everyone has an MIT in the backyard. But nearly every community has access to postsecondary education. The problem is that these institutaions are often small and with tight budgets. From an economic development standpoint, tighter coordination among institutions is critical to building a "post-secondary" cluster. The tighter the cluster, the less chance students will drift away.

But higher education administrators often spend too much time protecting their turf to let common sense coordination happen.

Here, Ashland Community College, Ashland Technical College and Morehead State University's Ashland branch as well as Ohio University-Southern in Ironton, Shawnee State University and Rio Grande Community College are participating in the agreement.

The savings are not trivial: Ohio students will get a break of $1,920 per semester or $3,840 per year at Ashland Community College.

While it wasn't part of the agreement, Shawnee State University in Ohio and Ashland Community College and Ashland Technical College in Kentucky also announced an agreement Thursday where credits from the Kentucky schools will be credited towards a four-year degree at Shawnee State. This is the type of collaboration that can strengthen a regional economy.

Learn more. Go

posted by Ed Morrison |

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