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February 19, 2019
New York, NY – February 19, 2019 – Continuing to expand its proven workforce development program, the nonprofit Year Up New York announced today that it has signed a letter of intent to launch a new site at Hudson County Community College (HCCC), with the first class of students starting in January 2020.
“In partnership with Hudson County Community College, Year Up New York will provide opportunity youth in northern New Jersey with the skills and experience to enter careers at top companies in the region,” said John Galante, Year Up New York Executive Director. “Starting with our first class in January 2020, our goal is to serve 250 young adults at HCCC by 2022.”
“Hudson County Community College is committed to building strong relationships that benefit our students. We are dedicated to educating and empowering our students – and all Hudson County residents and businesses – by providing the education, information, resources, and support that will assist them in achieving long-lasting success,” said HCCC President Dr. Chris Reber. “We are excited to enter into this partnership with Year Up New York as participating students will gain an added advantage from hands-on skills development, internship experiences, stipends, and coaching, and area businesses will have access to more highly educated and well-trained talent.”
Year Up New York is free for participants and includes a weekly financial stipend. Students at the HCCC site will be co-enrolled in Year Up and the college, and will earn college credits throughout the year. They will spend the first semester learning technical and professional skills, followed by a semester-long internship at a company like Bank of America, JPMorgan Chase and BNY Mellon.
Currently, Year Up New York provides job training to talented and motivated youth, ages 18-24, without college degrees at campuses in downtown New York (Wall Street) and at Borough of Manhattan Community College (BMCC). A recent federally-sponsored Pathways for Advancing Careers and Education (PACE) evaluation of Year Up showed a 53% increase in initial earnings for young adults randomly assigned to Year Up compared with similar young adults in a control group—the largest impacts on earnings reported to date for a workforce program tested in a randomized controlled trial.
Since 2006, Year Up New York has provided more than 2,600 young adults with in-demand skills, creating a pipeline of diverse, motivated talent for more than 50 of the city’s leading businesses in areas such as Accounting, Business Operations, Cyber Security, Investment Operations, IT, Client Services and Anti-Money Laundering/Fraud Compliance. Year Up New York now serves more than 400 young adults each year, with 90 percent of graduates employed or attending college full-time within four months of completing the program, earning average starting salaries of $38,000/year. Learn more about Year Up New York by visiting us on Facebook and Twitter.