Sector-based training programs prepare people for jobs in specific industries where there is strong local demand and an opportunity for career advancement. Several models for technology jobs have been found to be effective in improving long-term earnings for workers with low incomes. But for many people, the programs are too expensive and too far from home.
With support from the $100-million Google Career Certificates Fund, Social Finance is leading an initiative that will allow training providers to better support 20,000 learners in getting industry-recognized certificates that can lead to better wages.
The providers combine Google Career Certificates, which offer online instruction in sector-specific skills, and outcomes-based loans, in which learners are only required to pay for training and related costs if they find jobs above a certain income threshold. Learners also receive supportive services, such as living stipends or childcare assistance, and career-related guidance.
MDRC’s study will examine how training providers make use of online training courses and financing, how learners experience the programs, and how learners fare in the labor market.
In this episode, Leigh Parise talks with Edith Yang, project director and Senior Research Associate at MDRC, about the initiative and the research questions MDRC is hoping to answer.