Transcript Lumina Foundation – College Changes Everything: It Really Does!!
COLLEGE CHANGES EVERYTHING: IT REALLY DOES!!
October 5, 2012
Haley Glover Director, Convening Strategy Lumina Foundation
Goal 2025:
To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
The land of opportunity?
Children will have better lives than their parents?
6-Year Graduation Rates at 4-Year Colleges and Universities: 2009 Source: IPEDS First Look: Enrollment in Postsecondary Institutions, Fall 2009; Graduation rates 2003 and 2006 cohorts Overall Average: 57%
3-Year Graduation Rates at 2-Year Colleges Overall Average: 32.4% Source: NCES (April 2010). IPEDS First Look: Enrollment in Postsecondary Institutions, Fall 2009; Graduation rates 2002 and 2005 cohorts
BA Rate by Age 24 2010 1970
The top income quartile hold more than half of all Bachelor’s degrees—the lowest quartile hold only 9.4% of Bachelor’s degrees.
Source: Postsecondary Education Opportunity, “Bachelor’s Degree Attainment by Age 24 by Family Income Quartiles, 1970-2009”
Source: Education at a Glance 2011: OECD Indicators Percentage of Adults 25-64 with Associate’s Degree or Higher
US Ranks 4th
Intergenerational Attainment: 2011 For 25-34 cohort, US ranks 13 th .
Source: Education at a Glance 2011: OECD Indicators
Educational Attainment For the US 2011 Age 25-64 38.73%
Current % of adults with postsecondary credentials (2011)
Source: US Census, ACS, Table B15001, 2011 ACS 1-Year Estimates
Educational Attainment For Illinois 2011 Age 25-64
41.7%
Current % of adults with postsecondary credentials (2011)
1.5M working-age Illinois residents have attended college but don’t have a degree.
Source: US Census, ACS, Table B15001, 2011 ACS 1-Year Estimates
Educational Attainment For Peoria 2011 Age 25-64
38.1%
Current % of adults with postsecondary credentials (2011)
51,000 working-age Peoria residents have attended college but don’t have a degree.
Source: US Census, ACS, Table B15001, 2011 ACS 1-Year Estimates
master’s bachelor’s associate high school Less than high school Income by level of education
Source: US Census, Current Population Survey 90 000 80 000 70 000 60 000 50 000 40 000 30 000 20 000 10 000 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
US Census, ACS, 2011
US Census, ACS, 2010
US Census, ACS, 2011 1-year estimate
College Changes Everything
So Be an Agent for Change!
• • • Who – the rapidly increasing numbers of 21 st century students who form the backbone of our economy: the growing numbers of adult students, first-generation and minority students who must redefine the middle class in this nation. What - a quality postsecondary education that is well-defined, transparent and focused on the learning that a degree or credential represents. How - an affordable, productive system of higher education— a redesigned system that efficiently delivers the learning they need to succeed.
College Changes Everything
So Be an Agent for Change!
• • • • • • Set a goal Share this information Be a mentor Business—help your employees help you Forge good relationships with higher education, and hold institutions accountable Leverage the great work already happening
• • • • •
College Changes…
Individuals Families Business Communities Society