Dana Stephenson, Co-Founder and CEO of Riipen: How Colleges and Employers Can Scale Work-Based Learning

Could earning a traditional undergraduate degree actually hurt your chances of getting hired? A 2024 survey from Hult International Business School suggests as much, reporting that 89% of companies avoid hiring recent graduates due to their lack of real-world work experiences. On today’s episode of WorkforceRx, we’re going to focus on closing the gap between what employers are seeking and what colleges are teaching with Dana Stephenson, the Co-Founder and CEO of Riipen, a platform that partners with academic institutions and employers to offer experiential learning opportunities. "Employers are looking for durable skills like collaboration, leadership, initiative, and the ability to learn and unlearn. These have become more important than ever in an era where AI is beginning to take on more of the entry level tasks," he tells Futuro Health CEO Van Ton-Quinlivan. To create more of those opportunities, intermediaries like Riipen are helping colleges offer more flexible learning formats – such as project-based work and micro-internships – and simultaneously relieving employers of administrative burdens and finding creative ways for students to do meaningful work for them. “We’re really trying to find the right experiences to meet the students where they are, meet employers where they are, and break down barriers to increase access in a cost effective way.” This conversation also highlights states that are fueling work-based learning, and offers a fascinating look at a future of education in which AI-supported experiential learning experiences help students to develop soft skills.