In a recent Forbes column, Lumina Foundation president Jamie Merisotis reminded us that degrees must do more than certify coursework—they must create real value for students and employers. In Indiana, where Sagamore Institute’s 2040 workforce economy study and the Indiana Commission for Higher Education warn of falling college-going rates, this challenge is especially urgent.

That is the backdrop for Butler University’s boldest experiment yet: Founder’s College, launched August 2025.

Compressing Time, Expanding Values

The Founder’s College model confronts a growing national conversation: does the U.S. need more pathways beyond the traditional four-year degree? Institutions across the country are piloting three-year bachelor’s options and embedded two-year credentials to align faster, more affordable education with urgent labor market shortages while maximizing current infrastructure to meet needs.

Butler University has placed itself in this conversation with uncommon clarity. At Founder’s College, students complete a two-year associate degree in six structured semesters, front-loading the critical skills usually acquired in a student’s junior and senior years—career motivation, professional identity and workforce readiness. This compressed pathway is not cut-rate—it is deliberately sequenced with degree programs tied to Classification of Instructional Programs codes and O*NET occupational standards synced to NACE competencies, ensuring that every credential reflects real career demand in Indiana and beyond.

A Workforce-Aligned, Equity-Driven Blueprint

The Indianapolis labor market, seeing a 3.1 percent GDP growth, underscores the need for this approach (Indiana University News, 2004). The monetary value of all that is produced in the state is outpacing state and national averages. At the same time, in-demand industries—especially health care, professional services, technology and advanced manufacturing—are confronting skill mismatches. Employers are offering jobs, yet Indiana’s college-going rate has slipped to historic lows, leaving pipelines partially empty (Indiana Business Research Center, 2024). The Indiana Department of Workforce Development reports wages are rising, up 4.1 percent in the metro area in 2025 according to InContext Indiana.

Institutions like Butler University are not blind to the demographic challenges either. A declining birth rate, an aging workforce, admissions redesigns and disruptive technologies such as AI intensify the demand for midlevel, adaptable credentials to reskill workers quickly.

Here is where Founder’s College shifts the ground. It builds wraparound supports—career coaching, social workers, family inclusion and embedded apprenticeships—into the core of its structure rather than leaving them at the margins. By lowering tuition costs to nearly debt-free levels for students and building in work-integrated experiences, Founder’s College creates a system where opportunity is the design, not the exception.

Global Research, Local Application

Butler’s experiment does not arise in a vacuum. It mirrors and operationalizes the findings of major policy reports:

A 2024 Organisation for Economic Co-operation and Development report recommends expanded investment in skills and high-quality education to combat slowing productivity growth coupled by aging, digitalization and climate changes. It stresses repeatedly that the U.S. is falling behind peer nations in connecting academic programs to workplace readiness, particularly in apprenticeships and microcredentials. The Founder’s College requirement that every student engage in structured, mentored, for-credit work experience directly addresses that gap.

The America AI Action Plan 2025 highlights the accelerating impact of artificial intelligence on the skills profile of jobs. Handshake reports increase in generative AI usage too. While OECD 2025 reminds us that there is a changing landscape requiring adaptability, complex interdisciplinary problem-solving and liberal arts and professional academic digital fluency are no longer optional. At Founder’s College, technical writing studios, digital credentialing, industry certification and technology integration prepare students to thrive in an AI-mediated workplace.

FutureEd research from 2023 emphasizes transparency in skills attainment and the use of short-term, stackable credentials as levers of equity. By awarding credentials midjourney and maximizing learning mobility, a call from the LEARN Commission—not just at degree completion—Founder’s College signals value to students, employers and families at every step.

Taken together, these frameworks make Founder’s College not just a local response to Indiana’s challenges, but a globally informed model tuned to the future of work.

Founder’s College directly widens the workforce pipeline—by lowering the cost barrier, embedding workforce credentials and signaling to families that college is not just accessible, but immediately useful.

A Case Study and a Challenge

Across the United States, demographic and migration patterns are reshaping where and how higher education demand will grow. The U.S. South, with its younger, more racially and ethnically diverse populations and steady in-migration, stands poised to lead the nation in enrollment growth through 2035. In contrast, much of the Midwest faces different headwinds: smaller cohorts of college-age students, declining K–12 enrollments and out-migration of young families.

Rather than a simple story of winners and losers, this shift underscores the divergent opportunities that regions face. In the South, higher education systems will need to expand capacity, affordability and culturally responsive pathways that meet the aspirations of new, more diverse learners. In the Midwest, the challenge is not only to stabilize enrollment but to re-engage adults with some college, no credential and to strengthen the link between education and regional economic renewal.

Nationally, forecasts for the next decade suggest that the future of higher education will depend on how well institutions adapt to a shrinking pool of traditional-age learners while expanding access for new groups, including working adults and first-generation students. Recruitment, funding models and program design will need to evolve accordingly.

Using the 2020 U.S. Census as a baseline, when 43 percent of Americans identified as people of color and more than half of minors identified as nonwhite, it’s clear that the next generation of university-bound students will be more multiracial and more globally connected than ever before. Their appetite for education will be shaped by digital fluency, early exposure to STEM and environmental learning, and a social consciousness steeped in sustainability, mental health and civic responsibility.

For Indiana, where college-going rates are at historic lows, this is more than institutional innovation. Founder’s College is therefore both a case study and a challenge.

• To other universities: Reimagine the traditional degree in ways that speak to today’s students and employers.
• To states: Invest in models that don’t just get more students in the door, but get them to good jobs, faster.
• And to students themselves: Butler is showing you that higher education is within reach, aligned with your life and positions you for thriving success.

As Merisotis wrote, the future belongs to institutions that make degrees more valuable. Indiana may have just found its vanguard.