engaging students by engaging data

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  • Engaging Students by Engaging Data

  • J. Noah Brown President and CEO of ACCT

    Gabriel Rench Vice President of Higher EducaAon

  • Information Gap Many young people simply dont know how a college education can help them gain a solid career, so theyre hesitant to enroll. Others sign up, but drop out later.

    WHY?

  • National EIS Results The average graduate with an associates degree

    will receive $10,700 more each year than they would have with just a high school diploma. This adds up to $470,800 in higher income

    over a working lifetime.

    Students will receive a cumulative $4.80 back in future higher wages for every $1 they spend. This yields a return on investment of $3.80.

  • Becoming Employable

  • Becoming Employable

  • COMMUNITY COLLEGE TRENDS - AT A GLANCE Enrollment 6.7 million credit students were enrolled in community college in Fall 2013. 1 61% of those students were enrolled part-time. 1 43.6% of public two-year students receive federal financial aid. 3

    Completion 22% of degree or certificate seeking students enrolled in two-year public colleges

    complete within 150% time of normal program length (cohort year 2008). 2

    More than half of exclusively full-time students (57.6 percent) complete within six years (cohort year 2007). 4

    Remediation 40.8% of community college students have at some point taken remedial

    coursework. 3

    20.8% of community college students enrolled in AY 2011 12 were enrolled in a remedial course. 3

    These are the highest rates for all sectors of postsecondary education. 3 1. NCES (2014) Enrollment in Postsecondary Institutions, Fall 2013; Financial Statistics, Fiscal Year 2013; and Employees in Postsecondary

    Institutions, Fall 2. NCES (2013) Enrollment in Postsecondary Institutions, Fall 2012; Financial Statistics, Fiscal Year 2012; Graduation Rates, Selected

    Cohorts, 2004-09; and Employees in Postsecondary Institutions, Fall 2012 3. NPSAS:12 4. NCES (2013) Completing College: A National View of Student Attainment Rates

  • POSTSECONDARY RATINGS The Administration is currently working on a Postsecondary Institution Ratings System (PIRS) to be released for the upcoming school year. It includes three main pillars:

    ACCESS such as percentage of students receiving Pell

    AFFORDABILITY such as average tuition and net price

    OUTCOMES such as graduation and

    transfer rates, and earnings

  • 5

    6

    7

    8 Millions

    Enrollment Trends for Two-Year Public Ins9tu9ons (NCES)

    3% 5% 7% 9% 11%

    Yearly Unemployment Rate (BLS)

  • STATE DISINVESTMENT IN HIGHER EDUCATION

    Between 2003 through 2012, state funding for all public colleges decreased by 12% overall. 1

    With an increased enrollments and decreased funding, the median state funding per student declined by 24%.

    Over the same Ame period tuiAon at public colleges increased by 54%.

    During the recent recession 45 states cut funding for two-year public insAtuAons. 2

    Of those states, 10 decreased funding by more than 30 %, and another 14 states cut funding between 20% and 30%.

    31 states cut funding for two-year insAtuAons at a higher percentage than four-year insAtuAons.

    1.GAO (2014) Higher EducaAon State Funding Trends and Policies on Affordability 2.CAP (2014) A Great Recession, a Great Retreat

  • Information Gap Theyre afraid of wasting their time and wracking up debt for an uncertain careerand who can blame them?

  • CAREER: Information GapYoung people struggle to connect their aspirations to real career options.

    Often fail to find the education they need to get them there.

  • Closing the Gap Student successfrom college to careergoes up when colleges clearly demonstrate two things:

    1) The connection between their programs and solid employment

    2) The return on investment that students will gain by attending school

  • North Central State College

  • Tri County Technical College

  • Engaging Students by Engaging Data

    1) Use data to show the connection between your programs and good careers so students know what

    they can do with a particular degree. 2) Use data to demonstrate the value of education so

    that students will know theyre getting a solid return on investment.

  • Gabriel Rench

    gabriel@economicmodeling.com 208.892.5576

    economicmodeling.com