Economic Mobility in Practice: How A Focus on Outcomes Changes Everything

Meet a Young Woman we call Rose. Rose is a representative composite of the 4.6 million Americans between 16 and 24 who don’t have full-time employment and are not in school. Like many of her peers, Rose has been juggling several part-time minimum-wage jobs while also serving as the primary caregiver of Samuel, her 2—year-old son. [...]

In the midst of the COVID-19 pandemic, college enrollment is down nationwide, with the National Student Clearinghouse reporting significant declines in both Fall 2020 and Spring 2021. Community colleges have been hit the hardest, with enrollment dropping 9.5% this spring. Black, Latinx, and Native American students have been hit the hardest, (notably reversing a promising [...]

Over the last two years, the Colorado Department of Higher Education (CDHE) and the Ohio Department of Higher Education (ODHE) have worked alongside Third Sector to develop projects that finance evidence-based services to improve student outcomes to and through college. Collectively, these efforts are known as the Partnerships to Achieve Student Success (PASS) initiative and have been philanthropically supported by the ECMC Foundation and the Kresge Foundation.

PASS aims to launch two pilot pay for success (PFS) projects that will forge direct funding relationships between public systems of higher education and

500% increase in workforce enrollment and program completion for previously underserved youth in a workforce development program in Virginia 33% reduction in psychiatric emergency room visits by chronically homeless  in California 50% fewer days in jail and 61% fewer arrests for high-risk, high-need criminal offenders in Utah 22% improvement in speedy access to mental health [...]

On his first day in office, President Joe Biden signed an executive order that called for a “comprehensive approach to advancing equity for all, including people of color and others who have been historically underserved, marginalized, and adversely affected by persistent poverty and inequality”.   Federal agencies, guided by the Office of Management and Budget are [...]

Third Sector and the Harvard University’s Center for Education Policy Research (CEPR) collaborated to lead an Outcomes-Based Contracting (OBC) Summit, a four-workshop virtual series exploring outcomes contracting in K-12 math instruction. The OBC Summit was funded by Schmidt Futures.   Summit participants learned about the nuances of outcomes-based contracting and defined an approach for their organization. [...]