Concorde Career Colleges and Marquis Companies Continue Successful Partnership to Meet Oregon's Nursing Demand

Core Insights - The partnership between Concorde Career Colleges and Marquis Companies aims to address the demand for licensed practical nurses (LPNs) in Oregon through a forgivable student loan program for employees [1][2][4] Company Initiatives - Marquis employees can apply for a $12,000 forgivable student loan to attend the nursing program at Concorde's Portland campus, with $4,000 forgiven for each year of service post-licensure [2][6] - The "Peak Pathways Career Development" program was developed to support and upskill loyal employees, enhancing retention and reducing recruitment costs [5][7] Industry Context - The demand for skilled practical nurses in the Portland Tri-County area is projected to grow by 9.8% from 2023 to 2033, significantly outpacing the national average [6] - The competition for LPNs has decreased for senior living facilities, but the need for qualified nurses remains high [6] Program Outcomes - Thirteen employees have graduated from the program, with an additional twelve currently enrolled, indicating a successful implementation of the partnership [6] - The next phase involves increasing the cohort size to enhance support and relationship-building among employees [8][9]