College value and affordability pp

College Value and Affordability
Conversation

Welcome and Thank You
• Thank you for participating today!
• Who we are
• Your voice matters
• Today’s agenda
• Let’s get started!

Leaders are Listening
• Approval of the nation’s largest expansion of
public preschool, 2 years running
• Tougher teacher certification tests
• Approval of deeper investment in the “Pure
Michigan” marketing campaign
• Reform of state business taxes
• Reforms to save taxpayers $250 million in
state prison costs
• Stopped the erosion of traditional 180-day
school calendar

MICHIGAN’S JOB MARKET:
YOUR IMPRESSIONS
Take a moment to read page 3 of your Issue Guide

Facts About Michigan’s Job Market
• The unemployment rate
hovers just above 7%, down
from more than 14% in
2009.
• There are about 75,000 job
openings in Michigan
currently, but many growing
job fields pay low wages.
• MI lost 423,000
manufacturing jobs in the
Great Recession. Many have
not returned.

How do you feel about the current Michigan
job market for yourself?
1. Great. There are many
different opportunities
available to succeed today.
2. Good. There are challenges,
but people with skill and
access to opportunities can
and will succeed.
3. Lousy. It’s tough out there
and opportunities are
limited.
4. Terrible. The ability to
prosper is greatly
diminished.
Great.Therearem
anydif...
Good.
Thereare
challenge..
Lousy.It’stough
outthe..
Terrible.The
abilityto
p...
25% 25%25%25%

How do you feel about the current
Michigan job market for your
family members?
and will succeed.
and opportunities are limited.
prosper is greatly diminished.
Great.Therearem
anydif...
Good.There
are
challeng...
Lousy.It’stough
outthe..
Terrible.The
abilityto
p...
0% 0%0%0%

How do you feel about the current
Michigan job market for all Michigan
residents?
and will succeed.
and opportunities are limited.
prosper is greatly diminished.
Great.Therearem
anydif...
Good.There
are
challeng...
Lousy.It’stough
outthe..
Terrible.The
abilityto
p...
0% 0%0%0%

What will it be like to have a good
career and prosper in Michigan in the
future?
1. Great. There will be many
available for residents to
succeed.
2. Good. There will be
challenges, but people with
skills and access to
opportunities can and will
succeed.
3. Lousy. It will be tough and
opportunities will be
limited.
prosper will be greatly
diminished.
Great.Therew
illbe
m
any...
Good.There
w
illbechall...
Lousy.Itw
illbe
tough
a..
Terrible.The
abilityto
p...
25% 25%25%25%

Discussion Questions
• What are your hopes and fears about
Michigan’s economy and job market?
• What would make you feel more confident
about Michigan’s future job market?
• Have you had any turning points in your
job or career path?
– What were they?
– Who or what caused them?

COLLEGE VALUE AND
AFFORDABILITY: YOUR
IMPRESSIONS
Take a moment to read pages 4 and 5 of your Issue Guide

• If you have an education after high school,
how did you decide which degree or
credential to pursue? Has your decision
paid off for you? How do you know? Or
how will you know?
• If you don’t have an education after high
school, how did you decide what job to
pursue? Has your decision paid off for
you? How do you know?

Facts About College Value and Affordability
• 60.3% of MI high school graduates
enrolled at a two- or four-year college in
2012.
• 75% of all college students are
commuters, who often juggle work and
family responsibilities with their course
work.
• The average net cost of college tuition in
MI is 21.6% of the median family income.
• Scores on the Collegiate Learning
Assessment suggest that 36% of
undergraduate students nationwide see
no improvement in learning in four years
of courses.

To prosper in Michigan today, how important is it
to earn a college degree or vocational training
credential after high school?
1. Very important.
2. Important.
3. Somewhat
important.
4. Not very important.
5. Not at all important.
Veryim
portant.
Im
portant.
Som
ew
hatim
portant.
Notveryim
portant.
Notatallim
portant.
0% 0% 0%0%0%

Is a college degree worth the
cost today?
1. Definitely worth it.
2. Worth it.
3. Somewhat worth
it.
4. Not worth it.
5. Definitely not
worth it. Definitelyw
orth
it.
W
orth
it.
Som
ew
hatw
orth
it.Notw
orth
it.
Definitelynotw
orth
it.
20% 20% 20%20%20%

Many people enter, but do not complete, college
today. Which best describes the college experience
for your family members?
1. Successful. We
graduate and move on
to prosperous careers.
2. Varied. Some
individuals succeed,
others do not.
3. Overwhelmed. We
haven’t graduated.
Successful.W
e
graduate...
Varied.Som
eindividuals...
Overw
helm
ed.W
ehaven..
33% 33%33%

Based on your own, or your family members’ and
friends’ experience, what is the most common
challenge to completing college?
1. High costs.
2. Students lack the academic skills to succeed
at the college level.
3. Colleges are not held accountable for making
sure students graduate.
4. Inconvenience. Courses are not offered at
appropriate times for students to balance
studies with work and family responsibilities.
5. Bureaucracy. College credits do not
adequately transfer from community colleges
to universities or between universities.
6. Students don’t enter college with a clear
purpose or plan for success.
7. Students don’t see clear paths from college
graduation to prosperous careers.
High
costs.
Studentslackthe
academ
..
Collegesare
notheld
ac...
Inconvenience.Coursesa..
Bureaucracy.Collegecredi..
Studentsdon’tentercol...
Studentsdon’tsee
clear...
14% 14% 14% 14%14%14%14%

Based on your own, or your family members’ and friends’
experience, what is the second most common challenge to
completing college?
1. High costs.
2. Students lack the academic skills to succeed at the
college level.
3. Colleges are not held accountable for making sure
students graduate.
4. Inconvenience. Courses are not offered at
appropriate times for students to balance studies
with work and family responsibilities.
5. Bureaucracy. College credits do not adequately
transfer from community colleges to universities or
between universities.
6. Students don’t enter college with a clear purpose or
plan for success.
7. Students don’t see clear paths from college
graduation to prosperous careers. High
costs.
Studentslackthe
academ
..
Collegesare
notheld
ac...
Inconvenience.Coursesa..
Bureaucracy.Collegecredi..
Studentsdon’tentercol...
Studentsdon’tsee
clear...
14% 14% 14% 14%14%14%14%

Consider this statement: The governor and state
legislature should fund public colleges and
universities at higher levels to make college more
affordable.
1. Strongly agree.
2. Somewhat agree.
3. Somewhat disagree.
4. Strongly disagree.
Stronglyagree.Som
ew
hatagree.
Som
ew
hatdisagree.Stronglydisagree.
25% 25%25%25%

Consider this statement: Colleges and universities
must be more efficient and customer-oriented to
make college more affordable.
1. Strongly agree.
2. Somewhat agree.
Stronglyagree.Som
ew
hatagree.
Som
ew
25% 25%25%25%

Consider this statement: Students and families
must do more to prepare for, save for, and fund
their own college educations.
1. Strongly agree.
2. Somewhat agree.
Stronglyagree.Som
ew
hatagree.
Som
ew
25% 25%25%25%

Which Michigan-based stakeholder should
be most responsible for improving college
affordability and student debt loads?
1. The governor and
state legislature,
through higher levels of
funding for public
colleges and universities.
2. Colleges and
universities, through
cost efficiency and
customer focus.
3. Students and
families, through
saving and financial
planning.
Thegovernorand
state
le...
Collegesand
universities,...
Studentsand
fam
ilies,t...
33% 33%33%

Which of the following issues regarding college
affordability and value is most concerning to you?
1. Rising costs of college tuition in Michigan.
2. Rising student loan debt loads of Michigan
college students.
3. Decline in state government funding for
4. Wastefulness and/or inefficiency at colleges
and universities.
5. Failure to hold colleges and universities
accountable for graduation and job placement
results.
6. High numbers of students requiring remedial
college courses, for which they receive no
credit toward their degree or credential.
Risingcostsofcollege
tui...
Risingstudentloan
debt...
Decline
in
state
governm
...
W
astefulnessand/orineff...
Failure
to
hold
collegesa..
High
num
bersofstudents...
17% 17% 17%17%17%17%

Which of the following issues regarding college
affordability and value is second most concerning to you?
1. Rising costs of college tuition in
Michigan.
2. Rising student loan debt loads of
Michigan college students.
3. Decline in state government funding
for colleges and universities.
4. Wastefulness and/or inefficiency at
5. Failure to hold colleges and
universities accountable for
graduation and job placement results.
6. High numbers of students requiring
remedial college courses, for which
they receive no credit toward their
degree or credential.
Risingcostsofcollege
tui...
Risingstudentloan
debt...
Decline
in
state
governm
...
W
astefulnessand/orineff...
Failure
to
hold
collegesa..
High
num
bersofstudents...
17% 17% 17%17%17%17%

COLLEGE VALUE AND
AFFORDABILITY:
IMPROVEMENT IDEAS
Take a moment and read pages 6-8 of your Issue Guide.

Should public universities be required to
become more cost efficient?
1. Yes.
2. No.
Yes.
No.
0%0%

Should Michigan encourage more high school
students to earn college credit while in high
school?
1. Yes.
2. No.
Yes.
No.
0%0%

Should state financial aid programs be redesigned to
better reward college completion rather than college
attendance?
1. Yes.
2. No.
Yes.
No.
0%0%

Should Michigan expand “Pay it Forward” tuition plans,
which offer free tuition in exchange for students’
binding promises to repay a percentage of their after-
college incomes for a set amount of time?
1. Yes.
2. No.
Yes.
No.
0%0%

Should Michigan create a “Pay to Stay” tuition plan
which forgives student loans if graduates stay and work
in challenged communities or specific geographic
places?
1. Yes.
2. No.
Yes.
No.
0%0%

Should Michigan provide free, state-funded
college tuition to our state’s high school
graduates?
1. Yes.
2. No.
Yes.
No.
0%0%

How would you address the financing for
the projected $1.8 billion annual cost of
providing free, state-funded college tuition?
1. Tax increases.
2. Significant cuts to
other government
programs and
services.
3. Don’t do it.
Taxincreases.
Significantcutsto
other...
Don’tdo
it.
33% 33%33%

Which of the ideas you’ve seen today
has the most potential to improve
college value and affordability?
1. Requiring more efficiency in
university operations.
2. Expanding opportunities for
high school students to earn
college credit.
3. Restructuring state financial
aid to reward completion
rather than attendance.
4. Creating a “Pay it Forward”
financial aid program.
5. Creating a “Pay to Stay”
financial aid program.
6. Offering free college in
Michigan.

Are you willing to pay more in taxes to
make college more affordable for
Michigan residents?
1. Yes.
2. No.
Yes.
No.
50%50%

• Who’s responsible? Which stakeholders
should take the lead on making any changes
you want to improve college value and
affordability?
• At what cost? If Michigan were to improve
the value and affordability of college, who
should pay for the improvements? Are you
willing to pay?
• What’s missing here? What are your
additional ideas for improving college value
and affordability in Michigan?

Which best describes you?
1. High school
student
2. College or
vocational student
3. Member of the
workforce
4. Not currently
working (retired
or unemployed)
High
schoolstudent
Collegeorvocationalst...
M
em
berofthe
w
orkforce
Notcurrentlyw
orking(r...
25% 25%25%25%

If you’re a member of the workforce,
which best describes your reason for
attending today?
1. I’m a parent or a
family member of
a student.
2. I’m an educator.
3. Other.
I’m
a
parentora
fam
ily...
I’m
an
educator.
Other.
33% 33%33%

Choose the number for the
region where you live.
1. Region 1
2. Region 2
3. Region 3
4. Region 4
5. Region 5
6. Region 6
7. Region 7
8. Region 8
Region
1
Region
2
Region
3
Region
4
Region
5
Region
6
Region
7
Region
8
13% 13% 13% 13%13%13%13%13%

What is your age?
1. 24 or younger
2. 25-34
3. 35-44
4. 45-54
5. 55-64
6. 65 or older 24
oryounger
25-34
35-44
45-54
55-64
65
orolder
17% 17% 17%17%17%17%

What is your race or ethnicity?
1. African American/
Black
2. American Indian
3. Arab American
4. Asian American
5. Caucasian/White
6. Hispanic/Latino
7. Multiracial
African
Am
erican/Black
Am
erican
Indian
Arab
Am
erican
Asian
Am
erican
Caucasian/W
hite
Hispanic/LatinoM
ultiracial
14% 14% 14% 14%14%14%14%

What is your gender?
1. Male
2. Female
3. Prefer not to say/
Other
M
ale
Fem
alePrefernotto
say/Other
33% 33%33%

What is your household income?
1. Less than $10,000
2. $10,000-$14,999
3. $15,000-$24,999
4. $25,000-$34,999
5. $35,000-$49,999
6. $50,000-$74,999
7. $75,000-$99,999
8. $100,000-$149,999
9. $150,000-$199,999
10. $200,000 or more
Lessthan
$10,000
$10,000-$14,999
$15,000-$24,999
$25,000-$34,999
$35,000-$49,999
$50,000-$74,999
$75,000-$99,999
$100,000-$149,999
$150,000-$199,999
$200,000
orm
ore
10% 10% 10% 10% 10%10%10%10%10%10%

Thank You and Conclusion
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(bridgemi.com)
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Instagram (@CenterforMI)
• Host a conversation
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• What’s next in 2015
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• THANKS AGAIN!!!

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