From a report looking at the impact of employers dropping degree requirements to another Ohio college making cuts, here are the top-line figures from some of our biggest stories of the week.
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This week in 5 numbers: A look at skills-based hiring
We’re rounding up some of our top stories from the week, from the impact of employers dropping degree requirements to another Ohio college making cuts.
By the numbers
97,000
The number of workers estimated to have benefited from companies dropping degree requirements. However, that translates to fewer than 1 in 700 hires made in 2023, according to a report from Burning Glass Institute and Harvard Business School.
54
The number of Wright State University students who are enrolled in programs that have suspended admissions. The Ohio institution said it is deactivating the 34 programs as part of a review to ensure it’s remaining competitive and effectively managing limited resources.
$550 million
How much the University of Idaho agreed to pay in a deal to acquire the University of Phoenix. However, Idaho lawmakers recently pushed back on that plan by introducing a resolution that would urge the state’s education board to reconsider approval of the deal.
13
The number of Universities of Wisconsin institutions that will guarantee admission to the state's top high school students under a new law signed by Gov. Tony Evers. While most universities in the system will guarantee admission to students within the top 10% of their class, University of Wisconsin-Madison will only do so for those ranked in the top 5%.
$58 billion
The level of charitable giving U.S. colleges received in fiscal year 2023, according to an annual survey from the Council for Advancement and Support of Education. While this represents a 2.5% decline from the prior year, it’s still the second-highest amount on record.