AT&T Continues Commitment to Louisiana Student Success With New Aspire Grants
Posted: March 20, 2012 at 1:34 am
NEW ORLEANS, March 19, 2012 /PRNewswire/ --As access to skilled workers becomes increasingly vital to the U.S. economy, AT&T* is launching a quarter-billion-dollar campaign to help more students graduate from high school ready for careers and college, and to ensure the country is better prepared to meet global competition.
According to a March 19, 2012 report by Civic Enterprises, the Everyone Graduates Center, America's Promise Alliance and the Alliance for Excellent Education, Louisiana has seen a 2.9 percentage increase in 2009 graduation rates, compared with data from 2002.
AT&T Aspire, already among the most significant U.S. corporate educational initiatives with more than $100 million invested since 2008, will tackle high school success and college/career readiness for students at-risk of dropping out of high school through a much larger, "socially innovative" approach. Social innovation goes beyond traditional philanthropy which typically involves only charitable giving to also engage people and technology to bring different approaches, new solutions and added resources to challenging social problems. The Aspire effort already has impacted more than one million U.S. high school students, helping them prepare for success in the workplace and college.
"Building a skilled workforce is critical to the future success of our state," said State Senator Conrad Appel, Senate Education Committee Chairman. "To succeed in the global economy, we need to ensure our students graduate ready to face any challenge."
"It is crucial that we prepare the youth of our state for higher education and their future careers," said State Representative Steve Carter, House Education Committee Chairman. "I am committed to promoting excellence and accountability in our schools so that our children will graduate ready to meet the needs of Louisiana's businesses to advance economic development and the quality of life of Louisiana residents."
"It will take all of us working together and supporting Louisiana educators' hard work to continue to improve graduation rates and preparedness for future careers and college," said Sonia Perez, AT&T Louisiana President. "American business has an enormous stake in the success of our students, and it is time to commit more innovation and resources to the task."
The greatly expanded effort centers on a new, $250 million financial commitment planned over 5 years. AT&T Aspire will build on that commitment by using technology to connect with students in new and more effective ways, such as with interactive gamification, Web-based content and social media. The company will also tap the innovation engine of the AT&T Foundry to look for fresh or atypical approaches to educational obstacles. Finally, AT&T Aspire will capitalize on the power of personal connections in the form of mentoring, internships and other voluntary efforts that involve many of AT&T's approximately 260,000 employees.
"AT&T Aspire works toward an America where every student graduates high school equipped with the knowledge and skills to strengthen the nation's workforce," AT&T Chairman and CEO Randall Stephenson said while announcing the extended commitment during a keynote address at the second annual Building a Grad Nation Summit. The Washington, D.C., event convened by America's Promise Alliance (http://www.americaspromise.org/), Civic Enterprises (http://www.civicenterprises.net/home.html), The Everyone Graduates Center at Johns Hopkins University (www.every1graduates.org/), and the Alliance for Excellent Education (http://www.all4ed.org/) brings together nearly 1,200 U.S. leaders to discuss progress and challenges in ending the high school dropout crisis.
Lacking a high school degree is a serious issue in the United States, where one in four students more than 1 million each year drops out, according to a March 19, 2012, report by Civic Enterprises, the Everyone Graduates Center, America's Promise Alliance and the Alliance for Excellent Education. AT&T is the lead sponsor of this report. Education experts believe that the lack of a high school degree significantly worsens job prospects in a rapidly changing, increasingly sophisticated job market.
And, if dropouts find jobs, they earn less. On average, a high school dropout earns 25 percent less during the course of his or her lifetime compared with a high school graduate and 57 percent less than a college graduate with a bachelor's degree.(1)
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AT&T Continues Commitment to Louisiana Student Success With New Aspire Grants
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