The American Council on Education (ACE) announced the creation of a national task force focused on improving transfer and award of credit practices to spur student success and reduce the time it takes to graduate. A 2018 snapshot from National Student Clearinghouse data found that 38% of the 2.8 million entering college for the first time in fall 2011 transferred to a different institution at least once within six years. As they transfer, many lose academic credit. The aim is to produce a report for release in early 2021 that contains best practices and emerging strategies for improving the transfer and award of credit.