From the Penn IUR and Penn GSE sponsored conference: “Preparing Today’s Students for Tomorrow’s Jobs in Metropolitan America: The Policy, Practice and Research Issues" May 25-26, 2011 Organized by Laura Perna, a professor in Penn GSE, and Susan Wachter, a professor in Penn’s Wharton School, “Preparing Today’s Students for Tomorrow’s Jobs” explores the most effective institutional and public-policy strategies to be sure high school and college students and adult learners have the knowledge and skills required for future employment. “The conference addresses such critical questions as: How do we define success with regard to the role of education in preparing students for work?” Perna said. “How well are different educational providers preparing future workers? What is the role of public policy in improving connections between education and work? “It seeks to improve our understanding of several fundamental dimensions of this issue through insights from federal, state and local policy leaders, college administrators and researchers.” Guest speakers include Eduardo Ochoa, assistant secretary of the U.S. Department of Education; former Pennsylvania Gov. Edward Rendell; Lori Shorr, chief education officer to Philadelphia Mayor Michael Nutter; Charles Kolb from the Committee for Economic Development in Washington, D.C.; Claudia Neuhauser from the University of Minnesota; Bethany Krom from the Mayo Clinic; and Harry Holzer from Georgetown University. “Much recent attention focuses on the need to improve high school graduation and college degree completion. But, relatively less attention has focused on whether graduates and degree recipients have the skills and education required by employers,” Perna said. The event is sponsored by the Penn’s Pre-Doctoral Training Program in Interdisciplinary Methods for Field-Based Research in Education, with funding from the U.S. Department of Education’s Institute for Education Sciences in collaboration with Penn’s Institute for Urban Research.

1. The Conundrum of Profit-Making Institutions in Higher Education Dr. William G. Tierney Center for Higher Education Policy Analysis University of Southern California http:/www.usc.edu/dept/chepa/ www.21stcenturyscholar.org

2. Philosophical Objections: The Nature of a Public Good

3. What We Know What We Think We Know What We Need to Know

4. Assumption: To Big to Fail (if we want to reach our goals)

5. Setting the Stage: 2020/2025

7. The Profitability of a Postsecondary Credential

8. Marx v.

9. The Case of California

12. Source: The Public Policy Institute of California. 2010

13. What We Know about For-profits

14. Fastest growing postsecondary sector Degree-granting mega-institutions (U of Phoenix) 7% of sector Non-degree granting certificate granting (Marie’s School of Beauty) 5% of sector

16. The Holy Grail: Accreditation

17. Federal Aid – State Aid

18. What We Think We Know

19. Admissions

20. Debt Burden

21. Gainful Employment

22. What We Need to Know

23. Ethical and innovative admissions practices Access and program completion Student remediation

24. Student default rates Gainful employment Useful regulatory standards

25. “ More research is needed”

26. Center for Higher Education Policy Analysis www.21 st Century Scholar.org