In 1958, a group of nearly 400 firms that hire co-op students recommends a formal study of existing working models of cooperative education. The result is a nationwide survey of students, graduates, faculty, administrators and cooperative firms to assess cooperative education and its implication for national welfare. The benefits of co-op reported by students and institutions are striking:
It gave students greater meaning in their studies.
It increased motivation for academic work.
It improved skills in human interactions.
It made education more affordable.
It brought faculty closer to colleagues in industry.
It freed up facilities for students who were on campus.
It gave business firms a pipeline of trained talent.
It gave students and faculty great contacts in the field.
It brought colleges closer to their communities and vice versa.