Leveraging Pay for Success in Higher EducationBuilding a National Cohort to Boost Student Success Outcomes
The Social Impact Partnerships to Pay for Results Act (SIPPRA)A Federal Opportunity to Pay for Proven Outcomes
Last year a bipartisan congressional effort resulted in a new $100 million fund available to states and local governments seeking funding for exceptional social service programs. The Social Impact Partnerships to Pay for Results Act (SIPPRA) gives governments a new opportunity to take advantage of federal funding to pay for proven outcomes.
Third Sector CEO Caroline Whistler spoke at the Workforce Frontiers Symposium in San Diego about our work with the San Diego Workforce Partnership and how result driven pay-for-performance approaches can actually improve people’s lives.
Caroline talks about the need to embrace accountability but develop flexible and innovative approaches to human-centered on-the-ground funding. She demonstrates that a different way of funding the system is possible and aligning resources with measurable results will effectively help communities in need. Watch her full speech below.
Signed into law this summer, the Strengthening Career and Technical Education for the 21st Century Act – also known as Perkins V – includes a number of provisions that promote innovation, modernization and the alignment of workforce skills with labor-market needs (see our full summary here). Notably, the legislation also includes the first-ever federal authorization of Career and Technical Education (CTE) funding for Pay for Success.
This change unlocks the potential to accelerate gains in economic mobility for millions of Americans. Every year, $1.1 billion in CTE funding flows from the