Governor's Education Summit 10-15-2012
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Commissioner Buhler's presentation at the Governor's Education Summit at Salt Lake Community College.
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Governor's Education Summit 10-15-2012
- 1. Opening Graphic DAVID L. BUHLER COMMISSIONER OF HIGHER EDUCATION
- 2. Governor Herbert’s Leadership • Focus on public education & higher education • Education Excellence Commission • Bringing stakeholders together at Education Summit Thank you!
- 4. The 66% Goal: Why? • By 2020, 66% of Utah jobs will require post-secondary credential • Utah’s graduates need to be ready to meet workforce demands
- 5. Learn & Earn median wages by degree earned 8.2% 7.6% $59,843 5.5% $41,273 4.1% $30,632 $26,355 $19,316 1.4% Less than High School Diploma High Some College, Certificates & Associate's Degrees School Diploma Bachelor's Degree Graduate Degree Median Wage Unemployment Rate Sources: American Communities Survey 2009, Utah Department of Workforce Services
- 6. Who pays the taxes? Utah population 25 & over by education level & state tax contribution Taxes Paid Population 48% 40% 38% 34% 28% 12% No Postsecondary Education Some College, Certificates & Associate's Degrees Bachelor's & Higher
- 7. The 66% Goal: Why? Societal Benefits of Higher Education • Greater civic engagement • Better health • Improved parenting • Greater job satisfaction
- 8. The 66% Goal: Why? • We must reverse current trends • Among US adults 65 & older, Utah ranks 6th in associate’s degree or higher • Among US adults age 25-34, Utah ranks 23rd
- 9. THE 66% GOAL: TAKING THE FIRST STEP
- 10. USHE Degree & Certificate Awards increase 4% annually to reach 66% goal 47,000 45,000 43,000 41,000 12,100 39,000 10,300 8,600 37,000 7,000 5,500 4,000 35,000 2,600 1,300 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,000 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Utah Base USHE
- 11. The 66% Goal: How? Utah Needs a Bold, New Plan • Increased Innovation • Increased Investment • We won’t get there by maintaining the status quo
- 12. Utah Higher Education Funding Trends Funding per Funding per FTE 2008 FTE 2012 Tuition Tax Funds Tuition Tax Funds 37% 63% 51% 49% *Based on FY12 Preliminary Tuition Collections Information
- 13. The 66% Goal: How? Innovation • Leverage technology • Online programs • Open-source courseware • Broaden reach to K-12 students • College readiness • 1st generation college-goers • Focus on industry needs • STEM & Health Professions
- 14. The 66% Goal: How? Align with Metrics of Governor’s Commission on Education Excellence • Participation • Access • Completion • Economic success
- 15. The 66% Goal: How? Investment • Year 1 of 7-year plan • Invest in STEM & health professions • Student preparation for high-income careers • Build teaching/completion capacity
- 16. The 66% Goal: How? Investment $30M increases capacity in critical programs + $10M scholarships to assist in completion _________________________________ Total: $40 million investment
- 17. The 66% Goal: How? $20/$20 Investment Plan $20M state contribution + $20M institutional innovation & investment _________________________________ Total: $40 million investment
- 18. Investing in our Children’s Futures • Not simply a budget request • It will take everyone: K-12, higher ed, business community & state • We need your support!
- 19. Opening Graphic