in the News
The need to provide emergency student aid to college students has never been more apparent. A recent survey of nearly 900 California college students conducted by the Institute for College Access and Success (TICAS) highlighted student’s struggles with decreasing income, increasing expenses, increased food insecurity, and delays to degree completion.
Students are the most powerful information source we have to shed light on the impact OER and OEP can have on them as well as how we might promote and sustain student-centric practices–together.
Digital Inequity Decreased by ⅓ in 13 Months, Yet Black and Latinx Students Remain Disproportionately Impacted
From April 2020 to May 2021, the Public Policy Institute of California (PPIC), a Michelson Spark Grantee, studied the impact the COVID-19 pandemic had on digital inequity, particularly among school-age children in California.
The scholars hardest hit by the student basic needs crisis in higher education are those that fall into categories deemed “vulnerable populations”. Black and Indigenous students, students identifying as nonbinary or transgender, students enrolled part-time, and students who are former foster youth or returning citizens are at greater risk of basic needs insecurity.
Michelson Impact Ventures is a social change fund deploying impact investment capital into early-stage, purpose-driven, for-profit startups.
Jerry Sullivan, former LA Business Journal editor who now runs his own media outlet called SullivanSays SoCal, interviewed Michelson Impact Ventures Managing Director Phillip Kim for “Making an Impact with Michelson Philanthropies,” a podcast series about Michelson’s social impact investments.
California Governor Gavin Newsom recently called the college textbook industry a “racket” as the cost of textbooks has become a barrier to success and completion of degrees for California’s 2.1 million community college students. For 10 years, Michelson 20 Million Minds Foundation has been highlighting the need to make textbooks more affordable for college students. In August, Newsom signed a budget allocating $115 million to the Zero-Textbook-Cost (ZTC) Degree Program.