State Farm, ASU Launch $30 Million Public-Private Partnership

State Farm, ASU Launch $30 Million Public-Private Partnership

State Farm has announced a $30 million contribution to Arizona State University in support of a new education and career development program.

Pathways for the Future, as the online program is called, is designed to address the challenges students are facing as emerging technologies transform the workplace. To that end, the program will provide a personalized approach to higher education through three academic tracks — STEM/engineering, business/leadership, and humanities/social sciences — with a focus on providing students with tools that support curriculum mapping and sequencing and help them transition to new and emerging employment opportunities. In addition to ASU students, the program will target high school students in Maricopa County, Maricopa County Community College students, and individuals already in the workforce who want to learn new skills, including State Farm employees.

"Technological change holds enormous promise and the potential for job creation. It also challenges employees, employers, and students and presents a change we all must adapt to," said State Farm chair and CEO Michael Tipsord. "Today represents a new milestone in our relationship with ASU and builds on our corporate commitment to prepare not only for what's coming, but for what is already happening. We look forward to growing this commitment with ASU and working together to build the workforce of the future through universal learning."