Education Requirements for Jobs, 2018

By 2020, America will once again have the highest proportion of college graduates in the world... So tonight I ask every American to commit to at least one year or more of higher education or career training... every American will need to get more than a high school diploma. President Barack Obama Address to Joint Session of Congress February 24, 2009 America cannot lead in the 21st century unless we have the best educated, most competitive workforce in the world. President Barack Obama Remarks on Higher Education April 24, 2009 3

Source: McKinsey Global Institute, An Economy that Works: Job Creation and America s Future, 2011

Education Requirements for Jobs, 2018 Some college 12% Associate's degree 17% Bachelor's degree 23% Graduate degree 10% High school graduate 28% Less than high school 10% Georgetown University, Center on Education and the Workforce, 2010 p. 14 http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/fullreport.pdf 5

$120,000 Earnings & Tax Payments by Educational Attainment $100,000 $100,000 $91,900 Taxes Paid After-Tax Earning $25,600 $80,000 $23,100 $67,300 $60,000 $55,700 $16,200 $39,700 $42,000 $13,000 $40,000 $20,000 $24,300 $4,700 $19,600 $33,800 $7,100 $26,700 $8,700 $9,300 $31,000 $32,700 $42,700 $51,100 $68,800 $74,400 $0 No High School High School Some College Associate's Degree Bachelor's Degree Master's Degree Doctoral Degree Professional Degree Sources: The College Board, Education Pays, 2010

70.0% 60.0% 58.0% 50.0% 40.0% 35.8% 43.3% 30.0% 20.0% 25.2% 22.9% 19.1% All income levels At or below poverty level 101 150% of poverty level 10.0% 0.0% % of students who earned a bachelor s degree at a 4 year IHE within 6 years % of students who earned a cercficate or associate's degree at a public 2 year IHE within 6 years U.S. Department of Educa@on 2009 Beginning Postsecondary Students Study

80% 70% 60% 50% 40% 30% 20% 10% 0% CerCficates 2005 full Cme cohort within 2 years Associate's 2004 full Cme cohort within 3 years Bachelor's 2002 full Cme cohort within 6 years Complete College America, September 2011

Current Educa@onal AJainment % of Adults Age 25 34 with an Associate s Degree or Higher 80.0% 70.0% 60.0% 50.0% 40.0% 68.9% 45.7% 60.0% 30.0% 20.0% 26.5% 20.0% 23.1% 18.8% 10.0% 0.0% Black Hispanic Asian Pacific Islander American Community Survey 2007 2009 NaCve American White Non Hispanic 2020 Goal

President Obama s 2020 Strategic Vision and Goals Goal Goal 10 million more graduates from community colleges, four-year colleges and universities by 2020 (beyond 2+ million expected due to growth) Every American completes one year or more of higher education or advanced training in his/her lifetime Result Best educated, most competitive workforce in the world 10

Achieving the 2020 College Completion Goal Increase the U.S. College Degree Attainment Rate from 40 to 60% 10 million more Americans ages 25-34 with an associate or baccalaureate degree (8 million beyond 2+ million projected growth) A third will come from high schools - 3.7 million more high school graduates will become college graduates Two thirds will be adult learners - 6.3 million adults will become college graduates Note: The attainment rate reflects the number of individuals in the population who have attained the degree or diploma. This differs from the graduation/ completion rate, which measures the number of individuals within a cohort who graduate or complete their program within a certain amount of time.

Postsecondary Strategic Objectives Access Close the opportunity gap by improving affordability and increasing access to college and workforce training, especially for adult learners, low-income students, and underrepresented 21 st century students. Quality Foster institutional quality with accountability and transparency. Completion Increase degree and certificate completion and job placement, with special attention to fast growing first generation, under-represented and economically disadvantaged populations. 12

Reductions in State funding Approximate Percentage Change in FY 2012 State Operating Support for Four-Year Public Universities (AASCU, 7-2011) 10.0% 0.0% Minnesota New Mexico North Dakota Alabama Alaska West Virginia Rhode Island Wyoming Hawaii Delaware Arkansas Louisiana Maine Massachusetts New Jersey Maryland Nebraska Kentucky Mississippi Illinois Tennessee Florida Connecticut Indiana Kansas Montana Utah Vermont Idaho Iowa Texas Oklahoma South Carolina New York Missouri Virginia Georgia South Dakota Wisconsin Ohio Oregon North Carolina Michigan Nevada Pennsylvania Colorado California Washington Arizona New Hampshire No Data No Data -10.0% -20.0% -30.0% -40.0% -50.0% -60.0%

President s 2020 goal critical to restoring U.S. global competitiveness and strengthening civic fabric of democracy Requires growing capacity at a time of constrained resources Now is the time for U.S. higher education to exercise leadership Needed: a unifying strategic vision that higher education can execute and the country can support Dept. of Education pledges support

College Completion Tool Kit for States Data Dashboard for ED Website Request for Information (RFI)

$120 million FIPSE program in President s 2012 budget proposal Modeled on ED s I 3 program Will focus on innovation to raise capacity and efficiency in teaching and learning Aimed at catalyzing a cultural transformation in higher education to create a new dynamic of rising productivity and quality

Innovations in productivity implies new designs and new input configurations for teaching and learning Quality outcomes up to now assured by traditional input mix as reliable predictors As innovation and experimentation varies inputs, rigorous assessment of learning outcomes essential to assure quality Assessment, learning outcomes, degree qualifications profiles

States with the Highest Attainment Rates as well as Graduation Rates States with the Lowest Attainment Rates as well as Graduation Rates Attainment Rate 6-Yr Grad Rate Attainment Rate 6yr Grad Rate Connecticut 46.0 65.8 Iowa 45.0 64.9 Maryland 44.9 62.9 Massachusetts 52.7 68.5 Minnesota 48.1 60.6 New Hampshire 43.9 63.3 New Jersey 45.2 62.0 New York 47.3 63.6 Pennsylvania 42.4 66.7 Vermont 63.1 42.3 Alabama 30.2 47.2 Alaska 30.4 30.0 Arizona 31.6 27.6 Arkansas 27.0 42.1 Idaho 33.5 40.3 Louisiana 28.6 41.5 Nevada 27.4 39.6 New Mexico 29.0 39.4 Oklahoma 30.3 46.8 West Virginia 28.8 45.5 IPEDS 2008 09: Bachelor s Degree Seeking Students American Community Survey 2007 2009

PERFORMANCE BASED FUNDING COLLEGE AND CAREER ALIGNMENT EFFICIENCY TRANSFER AND AND ARTICULATION PRODUCTIVITY Aligned Standards Transfer to 4 Early Year Assessment InnovaCve Cost ReducCons ProducCvity Equity ACCELERATED LEARNING Dual or Concurrent Enrollment Revamped Remedial Ed Course Redesign AFFORDABILIIT Y TuiCon StabilizaCon Financial Aid LEARNING OUTCOMES OUTREACH TO ADULTS Re Engaging College Dropouts Adult Ed Career Pathways Illinois # # # # # # Indiana # # # # # # # # Michigan # # # New York # # # # Ohio # # # # # # # Wisconsin # # #

Education s role in a healthy democracy AASCU leadership in American Democracy Project Report from National Task Force: Call to action for government, K-12, higher education, community organizations, employers, foundations Opportunity for creating a tipping point for growing efforts in civic learning and engagement

Postsecondary Strategic Objectives Access Close the opportunity gap by improving affordability and increasing access to college and workforce training, especially for adult learners, low-income students, and underrepresented 21 st century students. Quality Foster institutional quality with accountability and transparency. Completion Increase degree and certificate completion and job placement, with special attention to fast growing first generation, under-represented and economically disadvantaged populations. 23

A vibrant and prosperous America depends on its educational system in fact, the future of our democracy depends on the positive contributions of critical thinkers and engaged citizens.