Cost-benefit analysis and financing of RPL (recognition of prior learning)
The Flemish Government aims to implement an integrated policy on the recognition of acquired competences across policy areas. A recurring point for attention is the funding of the RAC procedure: a sustainable RAC policy must be financially sound. That is why the Flemish Government commissioned IDEA Consult to provide an analysis of the costs and benefits and the possible return at Flemish level of an integrated RAC procedure. In this context, we also looked into possible ways of financing RAC procedures and formulated recommendations to policy makers to facilitate a sustainable RAC policy. This analysis was carried out in preparation of the Decree on an integrated policy for the recognition of acquired competences, which was approved by the Flemish Government on 26 April 2019.