A Statement From Arnold Ventures’ Kelly McManus on the Retention and Completion Fund in the Build Back Better Act

Arnold Ventures is thrilled to see the Retention and Completion Fund in the Build Back Better Act. This $9 billion investment in evidence-based interventions to help students graduate from college will be a catalyst for our higher education system. It will enable states to replicate and scale programs that are proven to work, like CUNY ASAP. The data are clear that students need to graduate in order to get the economic and social benefits of higher education. The Retention and Completion Fund will help ensure higher education continues to be a driver of social mobility and stability in our country.