Announcement: The Keystone Awards 2026 Shortlist has been revealed - see the Awards finalists here.

Listen on:

Higher Ed Chats

May 28th, 2024

18 minutes

Can Microcredentials Save Higher Education

Microcredentials and stackable certificates aren't a fringe trend in higher education. They may be the field's best shot at financial and institutional survival. In Episode 9 of Higher Ed Chats, Jim Fong, Chief Research Officer at UPCEA, makes the case that the 120-credit degree model is structurally misaligned with an economy accelerating on AI and automation, and that the institutions willing to break from it will be the ones still standing.

The conversation opens with a straightforward provocation: higher education used to drive the economy, but it doesn't anymore. "It's breaking away from that all or nothing model and acknowledging the fact that the university isn't driving the economy anymore," Fong tells host Scott Miller. "It's the economy that's pulling higher education with it in terms of AI and automation." That's the frame for everything that follows.

One of Fong's most striking arguments is about market size. The traditional addressable market for US higher education, roughly 15.1 million 18-year-olds, is shrinking due to the demographic cliff. But there are 200 million+ adults in the US with or without degrees, including 40.4 million people who started college and never finished. Institutions chasing a contracting pool of 18-year-olds while ignoring that 200-million-person opportunity aren't facing a microcredential problem. They're facing a strategy problem.

The episode also gets into employer relationships, and this is where it gets uncomfortable for a lot of institutions. Fong's team at UPCEA surveyed 537 employers and found that university-employer "partnerships" often aren't what they appear to be. "You ask any college or university, do you work with employers? And they say, yes, they do. But when you drill down deeper, are they really working with them on their terms?" Advisory boards stacked with alumni and donors are a common substitute for genuine curriculum co-creation, and employers notice.

There's a third thread worth following: the learner-centered web problem. UPCEA scored 100 member institution websites and came up with an average of 56.8 out of 100, with most sites built around the institution's structure rather than how learners actually search and decide. Reaching non-traditional students with microcredential offerings requires infrastructure (marketing, inquiry pathways, digital UX) that most universities haven't built yet.

Fong also addresses the recognition gap honestly. Applicant tracking systems don't consistently read digital badges or certificates today. But millennial managers are more receptive to alternative credentials than previous generations, and that shift in workforce composition is already underway.

Hear the full conversation with Jim Fong on Higher Ed Chats Episode 9 to get his framework for repositioning an institution's credential portfolio, the equity case for certificate pathways (Fall 2023 NSC data shows enrollment growth is being driven by certificate entrants and community colleges), and why universities have a credibility advantage over Coursera and boot camps that most aren't using.

Who’s in the episode?

Jim Fong_Headshot
Jim Fong
Jim Fong is the Chief Research Officer for UPCEA, the online and professional education association. Jim has over twenty years of experience in higher education marketing and research, having taught or consulted for over a hundred colleges and universities. Jim has also contributed to various published works on marketing online education programs and improving relationships between continuing education leadership and marketing directors.
Scott Miller_headshot
Scott Miller

Scott Miller is the host of Keystone Higher Ed Chats and the Executive Director of Keystone's international division, bringing over 11 years of EdTech experience to conversations about global education. 


After graduating from DePauw University, living and working in different cultures showed him that stepping outside your comfort zone doesn't just broaden your horizons; it reshapes them entirely. That belief in the transformative power of international experiences brought Scott to Keystone in 2010, where he's spent over a decade (and counting) helping higher education institutions reach students worldwide. 


On Keystone Higher Ed Chats, Scott speaks with thought-leaders in the industry about what he's most passionate about: how education changes lives, how cultural experiences broaden perspectives at any age, and how Keystone's mission—connecting students with their ideal higher education institution—makes those life-changing moments possible. 

Timestamps & Takeaways

Timestamps
Takeaways

You may also like