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Opening Graphic DAVID L. BUHLER COMMISSIONER OF HIGHER EDUCATION
Governor Herbert’s Leadership • Focus on public education & higher education • Education Excellence Commission • Bringing stakeholders together at Education Summit Thank you!
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
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 & Associates Degrees School Diploma Bachelors Degree Graduate Degree Median Wage Unemployment RateSources: American Communities Survey 2009, Utah Department of Workforce Services
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 & Associates Degrees Bachelors & Higher
The 66% Goal: Why? Societal Benefits of Higher Education • Greater civic engagement • Better health • Improved parenting • Greater job satisfaction
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