Credit Banking

Discussion in 'General Distance Learning Discussions' started by Robert_555, Dec 14, 2005.

Loading...
  1. Robert_555

    Robert_555 New Member

    I am wondering if any other state or private universities provide academic credit banking services other than Excelsior College, Thomas Edison State College, or Charter Oak? I have attended and graduated from several universities and colleges and wish to consolidate my transcripts for simplicity sake!
     
  2. DesElms

    DesElms New Member

    If your intent is to submit the consolidated transcript to yet another college/university, don't bother. Nearly none of the accredited colleges/universities out there will accept a consolidated transcript from a credit banking service. They should as long as the credit banking service is an accredited college/university and is willing to stand behind what's on the consolidated transcript as if it were one of its own transcripts... but, sadly, almost not college/university will accept them.

    Now, on the other hand, if your intent is to have a consolidated transcript that you can show to a potential employer... well, that's another matter altogether. It's quite likely that that might work. But colleges/universities nearly always want original transcripts sent directly from each of the colleges/universities you've ever attended. There's usually no getting around that requirement.
     
  3. Robert_555

    Robert_555 New Member

    Thanks for the reply and info. I really just wish to consolidate my transcripts for potential employers. My academic background is rather complicated. It really is a shame other colleges and universities do no accept credit banking transcripts. What if a college or university becomes defunct. How can you get transcripts from them? At least with a credit banking transcript, it is coming from a RA institution that is current. IMHO, there needs to a more effective way to consolidate transcripts for students, academia, and employer. Too bad there are no private organizations that just store student transcripts which are regulated. Such an effort seems like it may be a money maker.
     
  4. DesElms

    DesElms New Member

    Then credit banking may be perfect for you... and to your question, I'm unaware of others beyond that which you mentioned in your thread-starting post.

    What needs to happen, as I mentioned in my previous post, is for the credit banking institution to be willing stand behind the credit banking transcript that exact same as if said transcript were a listing of its own courses which the student completed/passed; for the credit banking institution to say, in effect:
    • "Don't worry about where these courses were obtained. We've checked them out and we're saying that for your purposes this transcript is as good as though the coursework had been earned at our institution. We have converted this student's amalgam of courses into credit which we, as a regionally-accredited institution, are saying should be treated by other institutions the same as if said credit had been earned right here, at this regionally-accredited institution."
    or at least something like that. Or so it is my opinion.

    Ahh... a closed institution. That's a whole different issue. Credit banking really isn't the solution to that problem... although, now that I think about it, if the credit banked coursework were converted as I hypothesized above, I suppose it could be. But, in reality, accredited institutions about to go belly-up usually find some other nearby accredited institution to become the keeper of its records, the verifier of its degrees, and the entity that will provide transcripts on behalf of the by-then-closed institution long after its demise. Or, in some states, the soon-to-be-closed school is required to send all student records to the state's department of education, where there may be a defunct institution department that will provide those services. The state will usually require that sort of thing... or the accreditor. Not being able to get one's credential (from a now-closed school) verified, or being unable to have an official transcript (from a now-closed school) sent when needed, is not usually a huge problem in most states.

    Agreed.
     

Share This Page