August 2016 – Tucker Capital was an advisor to the American Council on Education (ACE) in developing a collaboration with ACT around the American College Application Campaign (ACAC), owned by ACE. ACAC is a state-by-state campaign aimed at helping first-generation and low-income students navigate the college admissions process. It started out in North Carolina in 2005 and is now a national network in over 4,000 schools throughout all 50 states and has impacted over 250,000 students.
This alliance represents two organizations coming together around a shared interest in promoting broader college access. As a result of the collaboration, both ACT and ACE will aim to more effectively support underserved learners by connecting with students earlier in the college planning process and by developing additional pathways into college and career readiness. Furthermore, the partnership will provide student data tracking in service of attainment.
Louis Soares, ACE’s Vice President for the Center of Policy Research and Planning, commented, “This partnership is a step towards making post-secondary education a realistic and attainable goal for more first-generation and low-income students. Between the local connections that ACAC has worked for over a decade to establish all over the country and the contributions of ACT’s brand, data-driven research capacity and market leadership, this alliance has the power to be a critical resource for the underserved learner.”
Jim Larimore, Chief Officer of the Center for Equity in Learning at ACT, added, "By working together, both ACE and ACT will be able to reach millions of students and provide them with access to information and tools to improve their college and career planning.”
About the American Council on Education
ACE is the major coordinating body for the nation’s colleges and universities. We represent more than 1,600 college and university presidents and the executives at related associations, and are the only major higher education association to represent all types of U.S. accredited, degree-granting institutions: two-year and four-year, public and private. Our strength lies in our loyal and diverse base of member institutions, 75 percent of which have been with ACE for over 10 years. That loyalty stands as a testament to the value derived from membership. We convene representatives from all sectors to collectively tackle the toughest higher education challenges, with a focus on improving access and preparing every student to succeed.
ACT is the official provider of the ACT test. More than 1.8 million graduates have taken the ACT® each year—making us the leading US college admissions testing company. We also serve millions of job seekers, businesses, government agencies, and policymakers around the world. Each year, we reach millions of students in all 50 states and in more than 130 countries. Our programs are designed to boost lifelong learning and potential for success in schools and workplaces around the world. We're passionate about making a difference in all we do. Whether it's guiding students along their learning paths, enabling companies to develop their workforce, fostering parent, teacher, and counselor understanding of student progress, guiding job seekers toward career success, or informing policymakers about education and workforce issues.
About Tucker Capital
Founded in 1982, Tucker Capital is a strategic advisory and investment banking firm located in Princeton, New Jersey, specializing in the education and consumer sectors, where it helps management teams create partnerships, plan growth strategies, and incubate new initiatives.