CORPORATE LEARNING SYSTEMS
PRnewswire | April 12, 2023
AccessLex Institute® announces JDEdge by AccessLex℠, a free preparatory skill-building program for rising 1L law students.
AccessLex has prided itself in creating resources that assist law students during their journey from admittance to law school through admittance to the bar, from support with law school selection, to scholarship search opportunities, to calculating student loan and repayment options, to academic and bar success. However, their latest resource is available to students before they set foot in the law school classroom.
Beginning on July 1, 2023 and offered free of charge to AccessLex member law schools and their students, JDEdge by AccessLex℠ is a comprehensive summer program, designed specifically for incoming 1Ls, which provides them with the necessary knowledge, resources, and support they will require when the school term begins.
Through live webinars, video lectures, and interactive online lessons, the program provides 20 hours of asynchronous content organized into five modules, along with opportunities for interaction with JDEdge instructors and peers. Students will gain confidence and skills related to class preparation and post-class strategies, case reading and briefing, writing for law school exams and exam preparation, critical reflection, and professional expectations, all before they attend their first law school lecture. JDEdge provides students with a solid foundation of the skills they need to succeed in law school.
"We're excited to offer JDEdge to schools free of charge to help their students learn how to learn in law school. We believe that if students develop metacognitive skills early on, they can learn more efficiently and effectively throughout law school and during bar study," states Cynthia Cassity, Senior Vice President of AccessLex Institute and Chief Operating Officer of Helix Bar Review. "JDEdge fits squarely within our mission to support the law student journey from admission to law school to admission to the bar."
About AccessLex Institute:
AccessLex Institute is a nonprofit organization committed to helping talented, purpose-driven students find their path from aspiring lawyer to fulfilled professional. In partnership with its nearly 200 member law schools, improving access and positively influencing legal education have been at the heart of the Company's mission since 1983.
CORPORATE LEARNING SYSTEMS
Prometric | March 14, 2023
On March 13, 2023, Prometric, a technology-based testing and assessment solutions provider, released a new test preparation solution known as 'Prometric Boost.' This solution provides a personalized learning experience, gamification, and micro-learning through artificial intelligence.
The solution empowers test-takers with advanced learning experiences with gamification for better exam preparations. It focuses on the contents which fill the knowledge gaps and assist the critical skills of job seekers. It combines personalized learning with the scientifically proven micro-learning approach and artificial intelligence. It also gives item-level feedback that helps learners review areas of opportunity for longer knowledge retention.
It involves comprehensive visual data, targeted coaching, and engagement tools for a better understanding of learners' knowledge gaps and the methods to fill those gaps to improve their skills. It can integrate with e-commerce solutions for new revenue-generating options available to clients. Through this increased revenue, they could grow the testing programs' reach, reputation, and influence. Learners can access it on their mobile through an application to study anywhere and anytime as chosen.
General Manager of Remote Assessments at Prometric, Kevin Pawsey said, "Prometric has seen an increasing need from our clients for an engagement platform that increases retention of key skills and knowledge, both before and after the assessment process." He added, "Prometric is pleased to work with existing and new clients by offering Prometric Boost as a key part of our AI-powered achievement platform, along with Finetune AI test development and AI remote proctoring. Prometric is committed to bringing innovation to the assessment industry, in addition to constantly improving our core assessment and test development services."
(Source – Cision PR Newswire)
Headquartered in Baltimore, Maryland, Prometric, an IT consulting and services provider for education, offers solutions for in-center testing, remote assessment services, certification, licensure, training, computer-based testing, test development, exam delivery, hybrid testing, continuing education, live-remote proctored testing, educational testing, certification testing, and back-end scoring analysis. It is a trusted provider of secure test development and delivery solutions worldwide. It produces quality, innovative knowledge testing experience for the test-takers professional development. Its flexible testing services prepare learners to become licensed and accredited professionals.
Businesswire | April 27, 2023
Summer, the certified B Corp committed to addressing the national student debt crisis, announced that it has raised $6M in new capital, with $18M raised in funding to date. General Catalyst, QED Investors, Flourish Ventures, Greycroft, Story Ventures, Gaingels, Calm VC, Partnership Fund for NYC, Fenway Summer, BDMI, and Avidbank participated in the financing.
The company also announced it has surpassed $1 billion in total projected savings for borrowers, and it has hired Leigh Gross as Chief Revenue Officer to lead partnerships with recordkeepers and other financial institutions interested in Summer Secure, the company’s automated solution for SECURE 2.0 retirement matching.
Student loan debt in the United States now stands at $1.75 trillion, according to the Federal Reserve, exceeding credit card and auto debt. It is often the first meaningful debt that young people incur, and can lead to a domino effect on their financial life–making it harder to save for retirement or buy a home years after graduating. Summer works with leading financial institutions, employers, and unions to provide a high impact, comprehensive digital solution that helps individuals plan for college costs, reduce the burden of student loan debt, and optimize retirement savings. To date, the company has delivered more than $1 billion in total projected savings for borrowers across the United States, offering assistance on every leg of the personal finance journey.
“We’re thrilled to announce this new funding, especially at a time when the need for better college planning and student loan solutions has never been more acute,” said CEO and co-founder Will Sealy. “As student loan forgiveness hangs in the balance and payments are set to resume for the first time in years, we’re excited to share our solution with more people to enable them to unlock financial freedom.”
Summer’s funding comes at an exciting time for the business as it continues to expand partnerships with retirement recordkeepers and payroll providers on the heels of its partnership with Fidelity Investments in 2022. Due to the recent passage of the SECURE 2.0 Act, many institutions are turning to Summer to support their employer clients with student loan retirement matching, leveraging Summer’s digital API suite and its expertise with operationalizing complex student loan policies into high-adoption solutions.
In a recent survey, 91% of employees with student debt said they would save more money for retirement if their employer offered a student loan repayment program. By ensuring that an employee’s student loan payments count toward the retirement match provided by their employer, Summer’s workplace solution can relieve student loan borrowers from having to make an impossible decision between paying down their debt or saving for retirement.
Summer was founded in 2017 by Sealy, a former Policy Analyst and Assistant to Sen. Elizabeth Warren and a veteran of the Consumer Financial Protection Bureau, Chief Product Officer Paul Joo, with previous experience at the U.S. Attorney’s Office and the Boston Consulting Group, and Chief Product Officer Vincent Tran, who previously led product at Pave and Orchard and was an investor at the Partnership Fund for NYC.
Summer’s recent partnership milestones include a student loan benefit launched with Intuit’s personal finance subsidiary, Credit Karma, and an expanded partnership with the American Federation of Teachers to support their 1.7 million teachers, government employees, and healthcare workers. Summer will use the new funding to expand the platform to help even more borrowers with a holistic approach to financial well-being.
Summer partners with financial institutions and employers to empower their populations to reduce education costs and student debt through proven technologies, policy expertise and human support. Founded in 2017 by industry experts, Summer’s mission is to alleviate student loan debt for 46 million borrowers by providing leading solutions for college cost planning, automated enrollment for loan assistance plans, tuition assistance, student loan contributions and retirement matching, and emergency savings. Summer is a certified B Corporation.