Rachel Carlson, co-founder and CEO of workforce development platform Guild Education, discusses the scale of the US workforce requiring education benefits.
0:00 / 0:08exact quote · 8.4s
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“There's sixty-four million Americans who need to rescale or upscale in order to have a chance at being a middle-class earner in the economy”
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More from Rachel Carlson
Opinion
Carlson: Google and Facebook ad spend drives the US student debt crisis
“While I'm not a fan of the specifics of the Bernie free college plan, I wish more politicians were realizing the fact that a large percent of the student debt crisis is actually in the pockets of Google and Facebook.”
Rachel CarlsonOct 11, 2019▶ 6:3420VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
Insight
Carlson: Founders must live near employees and customers, not capital
“So I think that that's not a great idea. I think there are, and I'll be controversial about it, I guess. I think there are three groups of people you can live near. You can live near your employees, you can live near your customers, or you can live near your c…”
Rachel CarlsonOct 11, 2019▶ 26:0020VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
AssertionContradicted
Carlson: The average US community college graduation rate is just 5%
“The average community college in the U.S. Has a graduation rate of five percent.”
Rachel CarlsonOct 11, 2019▶ 5:4220VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
Disclosure
Carlson: Guild Education ties its revenue entirely to ongoing student success
“Instead of getting paid by either of those entities up front, we want to get paid term over term as the students succeed. And so we've actually put all of our revenue at risk and said, we only want to get paid when the student is succeeding in school.”
Rachel CarlsonOct 11, 2019▶ 17:2720VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
AssertionContradicted
Carlson: Higher ed CAC reaches $6,000 for bachelors, $14,000 for masters
“So the average cost to acquire a student in higher ed is about four to 6000 dollars for a bachelor's degree student, and about 14,000 dollars for a master's degree student.”
Rachel CarlsonOct 11, 2019▶ 6:1720VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
AssertionNot checkable as stated
Carlson: Direct-to-consumer higher ed struggles with rising Google and Facebook CAC
“Our data shows that schools that are trying to acquire students in a B to C format today are struggling across the board, and I actually think while Lambda's newer to the game, you look at some of the older coding boot camps, they are also struggling as they'r…”
Rachel CarlsonOct 11, 2019▶ 8:0520VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
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