DePauw Launches 'Gold Commitment'

Posted: Updated:
The University launched its Gold Commitment Program this admissions cycle The University launched its Gold Commitment Program this admissions cycle
GREENCASTLE -

DePauw University is so confident graduates will find jobs, it is backing it up with the "Gold Commitment." DePauw will allow any student without an "entry-level professional position" or graduate school acceptance within six months of graduation, to return for a tuition-free semester or its employer partners will give them a full-time position. In an interview with Inside INdiana Business, President Mark McCoy said the effort will run at least four years. He says the commitment is not a gimmick or the university wouldn't do it.

"A decade ago, all the rage was the four-year graduation guarantee that 'you could come here, you can graduate in four years,' everybody has those. There are other schools that have said 'if you can't get a job, we'll help you with your student loans,' or 'well do this or we'll do that,' we're the only school we know of that has offered to actually get you a job," he said. About 25 students per year would typically be eligible for the program out of a graduating class of roughly 500 students.

To qualify, students must meet certain academic and behavioral requirements and they are also expected to help out current students. McCoy added "this is upping our game on ourselves a little bit, and we have to be prepared to continue to innovate. But mostly this is simply us doubling down on what we do well, and since it does, we're willing to guarantee it."

McCoy says the program is a "five way commitment" involving the university, employers, alumni, students and the guarantee itself. "If we weren't already successful, then we couldn't make this commitment. But, the fact is, that we know the liberal arts leads to lives of meanings and means and we are willing to stand behind it." McCoy says he imagines other schools will take DePauw's lead.

You can connect to more about the DePauw Gold Commitment by clicking here.

President Mark McCoy says the commitment is not a gimmick or the university wouldn't do it.
  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to IU, Second Largest in School History

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • The multi-year road project stretched from Bloomington to Indianapolis.

      I-69 Road Project Update

      The Indiana Department of Transportation has scheduled three public meetings for next week to update the community on the I-69 Section 6 road project.    Section 6 is an approximately $1.5 billion new interstate project stretching from Martinsville to I-465 in Indianapolis.

    • Who Pays Debts After Death?

      If you have a mortgage on your house, what happens when you die?  What about a car lease or credit card debt?  Are your heirs required to pay off what you owe? What is the financial legacy that you will leave behind?  Your legacy could be the bequest of property or money, but it could also mean inheriting debt. It’s not uncommon for spouses or others to get bombarded with collection calls from creditors asking to pay the bills of a family member who has died.

    • Chrissy Vasquez and Adam Ramsey

      Indy Reads Adds Staff

      Indy Reads Books has hired Chrissy Vasquez (pictured) as chief development officer to oversee marketing, development and the store. Also, Adam Ramsey (pictured) has been named manager of engagement, specializing in story telling through video and social media. Vasquez previously served as executive director and vice president of operations for Back on My Feet.