The Work Index by Flexa

LCMC

LCMC is a consortium of private colleges and universities committed to making higher education more accessible and sustainable for all students.

https://www.thelcmc.org/
5.7

/10

Transparency ranking

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Description

The Lower Cost Models Consortium (LCMC) is a coalition of private colleges and universities dedicated to making higher education more affordable and accessible for all students. The consortium's mission is to develop innovative programs and reduce institutional costs, ultimately passing savings on to students. They achieve this through collaboration with organizations like Rize Education, which develops and delivers high-quality online courses taught by LCMC faculty.

LCMC's innovative model addresses the rising costs of education by offering high-demand majors and minors in fields like computer science, cybersecurity, and business analytics. These programs combine traditional on-campus instruction with online learning, creating a flexible and affordable experience for students while retaining the value of a small college experience. By leveraging technology and partnerships, LCMC institutions are working together to create a more sustainable future for higher education.

Flexibility

LCMC offers flexible work arrangements with their partner colleges through the use of virtual instruction. Their programs are delivered by instructors at member institutions via a distance education model, allowing students to earn their degrees on their home campus while taking courses taught by LCMC professors. The combination of on-campus learning with virtual instruction gives students the flexibility to pursue their education while minimizing disruption to their current commitments.

Mission

LCMC, the Lower Cost Models Consortium, is a coalition of private colleges and universities committed to making higher education more accessible and affordable for all students while ensuring its long-term sustainability. They accomplish this by partnering with Rize Education to deliver premium, online courses, taught by LCMC member institutions, and built exclusively for schools that value the small college experience. Their goal is to reduce tuition at their member institutions by 30% over the next ten years by creating innovative, collaborative solutions to expand educational opportunities for students while streamlining and lowering institutional costs.

Data-driven
Disruptor
Environmental impact driven
Not-for-profit
Social impact led
Sustainability
Tech for good

Culture

LCMC promotes a collaborative and innovative culture focused on making higher education more accessible and sustainable. The consortium emphasizes the importance of faculty governance, small class sizes, and a traditional college experience while incorporating technology and new approaches to learning. They value a shared sense of purpose, ingenuity, and a commitment to improving outcomes and reducing tuition for students. The organization actively seeks partnerships with industry leaders and academic experts to develop cutting-edge programs that are relevant to the modern workforce.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
People-first
Progressive
Supportive

DE&I

LCMC's approach to diversity, equity, and inclusion is centered on increasing access to high-quality, affordable higher education for students of all backgrounds. They achieve this through partnerships with Google and other organizations, as well as collaborative majors that ensure their curriculum is relevant and accessible to diverse student populations. While their website does not explicitly address diversity, equity and inclusion initiatives within their organization, their focus on affordability and accessible, high-quality education inherently contributes to a more inclusive learning environment.

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