COLLEGES IN CRISIS: Partnering Industry and Education to Create New Revenue Streams

ENGLEWOOD, Colo., April 3, 2013 (GLOBE NEWSWIRE) -- HOL Consulting Services, a new higher education consultant, will be participating in the Higher Learning Commission Annual Conference April 5-9 and the International Symposium for Emerging Technologies for Online Learning April 9-11 where CEO, Kevin Melendy, will unveil a first of its kind new market initiative that will substantially alter how private industry works with higher education to meet the STEM challenge and create new streams of revenue for struggling universities.

In today's economy, institutions of higher learning face a perfect storm of economic chaos. Tuitions continue to rise and funding is decreasing, driving down student enrollments. Our goal is simple; bring private business in alignment with education to coordinate a parallel development plan, address the STEM challenge and put America back in the driver's seat as a world leader in this arena. According to a recent report published by Bain & Company, the current economic head winds mean 1/3 of our nation's institutions of higher learning may cease to exist in the near future. Survival and economic stability is dependent on a new mindset.

The real issue is how to change the mindset inside of education to think more like a business. The ones that are ready to embrace change can realize more stability, more revenue with a lower cost delivery all while increasing academic performance and proficiency. Our solution helps raise the academic standards and expectations so we can train students to fill the STEM jobs of tomorrow and retrain America's workforce. According to several recent studies, our current ranking in the world is 27th as it pertains to STEM, which calls into question our long term competiveness.

CONTACT: Danella Soeka danella.soeka@holscience.com 866.206.0773 x136

Source: HOL Consulting Services