Marist College Joins Growing Alliance of Colleges Working to Expand Access and Opportunity for 50,000 Talented Lower-income Students
American Talent Initiative brings together 68 of nation’s most respected colleges and universities – including Harvard, Princeton, and UC Berkeley – committed to attracting, enrolling, and graduating more high-achieving, lower-income students
Marist College joined sixty-seven of the nation’s most respected colleges and universities in an alliance to substantially expand the number of talented low- and moderate-income students at America’s undergraduate institutions with the highest graduation rates. This growing alliance, called the American Talent Initiative (ATI), supported by Bloomberg Philanthropies, brings together a diverse set of public and private institutions united in this common goal. ATI members will enhance their own efforts to recruit, enroll, and support lower-income students, learn from each other, and contribute to research that will help other colleges and universities expand opportunity. (See below for a list of ATI members.)
"The invitation to join ATI is a great honor for Marist, as it gives us an opportunity to help address issues of income inequality and social mobility in the United States," said President David Yellen. "There is incredible untapped talent in many of our nation's communities, and ATI seeks to harness it by expanding students' access to top-performing institutions like Marist, where they are most likely to graduate."
Marist is one of the top colleges and universities nationally when it comes to timely degree attainment by its students, with a six-year graduation rate of 83.4 percent.
Launched in December 2016, the American Talent Initiative is supported by Bloomberg Philanthropies and was founded with a national goal of educating 50,000 additional high-achieving, lower-income students at the 270 colleges and universities with the highest graduation rates by 2025. Based on the most recent federal data available, there are approximately 430,000 lower-income students enrolled at these 270 institutions. ATI’s goal is to increase and sustain the total number of lower-income students attending these top-performing colleges to about 480,000 by 2025. To reach this ambitious goal, ATI aims to add more top-performing colleges to its membership in the coming months and years.
"Too many students from low-income families are missing out on opportunities to attend top colleges because they think those colleges aren't affordable – when most often, they are. This growing coalition is helping to fix that. College leaders recognize how important this is to the future of our country – and they want to attract more of the best and brightest from all backgrounds to their schools," said Michael R. Bloomberg, founder of Bloomberg Philanthropies, three-term Mayor of New York City, and a 1996 Marist College Honorary Degree recipient.
Marist recognizes that America’s top-performing colleges have an important role to play in this effort. Research shows that when high-achieving, lower-income students attend these institutions, they graduate at higher rates, and access to those institutions provides them with a much greater chance of attaining leadership positions and opportunity throughout their lives. Yet in each graduating high school class, there are at least 12,500 lower-income young people with outstanding academic credentials who do not enroll at institutions where they have the greatest likelihood of graduating.
These students have earned the opportunity these schools offer, but for a variety of reasons—including a lack of information about their options, confusion about costs, and inadequate financial aid offers—many of them simply lack access. The American Talent Initiative seeks to ensure that these “missing” students have a path to attend and thrive at the institutions with the highest-graduation rates and best track records for post-graduate success.
Colleges and universities participating in the American Talent Initiative will further the national goal of developing more talent from every American neighborhood by:
- Recruiting students from diverse socio-economic backgrounds through robust outreach;
- Ensuring that admitted lower-income students enroll and are retained through practices that have been shown to be effective;
- Prioritizing need-based financial aid; and
- Minimizing or eliminating gaps in progression and graduation rates between and among students from low-, moderate- and high-income families.
Marist and other ATI members will share lessons learned as well as institutional data, and throughout the coming years, will annually publish their aggregate progress toward meeting the national goal of 50,000 additional lower- income students by 2025. The Aspen Institute’s College Excellence Program and Ithaka S+R, the two not-for-profit organizations coordinating the initiative, will study the practices that lead to measurable progress and share that knowledge with field through regular publications. The first of these publications focusing on financial strategies to bolster lower-income student success was published in February on the ATI website.
Member institutions of the American Talent Initiative are committing substantial resources to attract, enroll, and graduate students at their individual campuses. This initiative is co-managed by the Aspen Institute’s College Excellence Program and Ithaka S+R and funded with an initial $1.7 million, multi-year grant from Bloomberg Philanthropies. Grant funding will be used for best-practice research and dissemination, convenings of college presidents and staff, and data analysis and reporting.
American Talent Initiative Participating Institutions (*members joining in January–April 2017)
|Saint Michael’s College*
|California Institute of Technology*
|The Ohio State University
|University of California, Berkeley
|Claremont McKenna College*
|University of California, Davis*
|University of California, Irvine*
|University of California, Los Angeles
|University of Denver*
|University of Maryland, College Park
|University of Massachusetts, Amherst*
|University of Miami*
|University of Michigan - Ann Arbor
|University of Minnesota*
|University of North Carolina at Chapel Hill
|Franklin & Marshall College
|University of Pennsylvania*
|University of Richmond
|Georgia Institute of Technology
|University of South Carolina*
|University of Southern California*
|University of Texas at Austin
|Johns Hopkins University
|University of Virginia*
|University of Washington
|Lebanon Valley College*
|Wake Forest University*
|Washington University in St. Louis
|New York University*