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Thursday, December 11, 2008

Tackling the great unknown



Are you doing all you can to prepare yourself, your employees and your business for the changing economic climate?

As never before, training and retraining will be key to weathering this storm. And this is where a community college is primed to help. It’s a known phenomenon that when the economy is in a downturn, people increasingly turn to their local community college.



Why is this so? Families depend even more on the value their local community college can offer – lower costs paired with smaller classes and more individualized attention than many underclassmen receive at larger schools.

Additionally, businesses can quickly and cost-effectively retrain workers for changing needs through customized instruction. And workers who find themselves displaced appreciate the flexibility and affordability their local community college offers, in the form of occupational certificates and work-focused courses.

We don’t have a crystal ball here at Colorado Mountain College. But we are studyingnational and local trends. We’re also learning from innovative businesses and other colleges. CMC is continually preparing to meet the changing needs of individuals and employers within our communities.

One way we do that is through keeping education and training affordable. At Colorado Mountain College, an in-district, full-time student pays less than $1,400 annually in tuition. That’s about $1,000 less than what the average public two-year institution charges, and about 20 percent of what an in-state, public, four-year institution charges, according to the College Board. The College Board is a national nonprofit organization that administers the SAT exam, among its many college admission and guidance services. (Note that none of these figures include room and board.)

During recent years of strong economic growth, CMC has been investing in classrooms, technology and faculty, so that we are prepared for any lean times that are coupled with higher demand for our services. We have reinforced our staff who support workforce training, expanding partnerships with businesses who want to upgrade the skills of their employees.

So regardless of the changes you, your business, your nonprofit, or your government department may experience, we hope you can relax knowing that we are here for you, as your community college.

Dr. Stan Jensen

Chief Executive Officer of Colorado Mountain College


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