Accruing More Talent

Issue 9.30

August 4, 2023

ACCRUING MORE TALENT

ADDRESSING THE DECLINING SUPPLY

OF ACCOUNTING PROFESSIONALS

At universities in the region and across the country, the number of accounting graduates has been decreasing over the past several years. Undergraduate programs are down about 1.23 million students while graduate programs are down by 1.11 million students as reported by the National Student Clearinghouse.

The downward trend in undergraduate and graduate programs across the nation is presenting serious marketplace challenges for businesses that need accountants. ... The good news for accounting professionals, sited by the Bureau of Labor Statistics, is that career opportunities in accounting will increase over the years 2021 to 2031 by about 136,400 job opportunities per year. Read more >

FREE WORKFORCE TRAINING

Delawareans of all ages are taking advantage of free workforce training at Delaware Technical Community College, thanks to the expanded Student Excellence Equals Degree (SEED) Scholarship program. Originally, the scholarship applied only to academic degree programs, but since the expansion, it now includes free tuition for most of the College’s Workforce Development and Community Education course offerings. Read more >

FINANCIAL RESILIENCY IN HIGHER EDUCATION

While American higher education faces challenges over free speech, academic offerings, and the role of government in managing public universities, the real crisis is financial—37 public or private institutions have failed since the pandemic began is often cited as one of COVID’s major impacts, but the problem runs

much deeper. Read more >

PERSONALIZED PATHWAYS IN HIGHER EDUCAITON

Consumers are accustomed to personalized experiences through tailored interactions with e-commerce platforms and streaming sources. Forward-thinking institutions of higher education are responding to the expectation of personalization by providing students with customization options for their academic pathways. Read more >