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.

Commissioner Buhler's presentation at the Governor's Education Summit at Salt Lake Community College.

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Transcript

  • 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!
  • 3. 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
  • 4. 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
  • 5. 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
  • 6. The 66% Goal: Why? Societal Benefits of Higher Education • Greater civic engagement • Better health • Improved parenting • Greater job satisfaction
  • 7. 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
  • 8. THE 66% GOAL:TAKING THE FIRST STEP
  • 9. USHE Degree & Certificate Awardsincrease 4% annually to reach 66% goal47,00045,00043,00041,000 12,10039,000 10,300 8,60037,000 7,000 5,500 4,00035,000 2,600 1,300 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,60033,000 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Utah Base USHE
  • 10. The 66% Goal: How? Utah Needs a Bold, New Plan • Increased Innovation • Increased Investment • We won’t get there by maintaining the status quo
  • 11. 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 CollectionsInformation
  • 12. 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
  • 13. The 66% Goal: How? Align with Metrics of Governor’s Commission on Education Excellence • Participation • Access • Completion • Economic success
  • 14. 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
  • 15. The 66% Goal: How? Investment $30M increases capacity in critical programs + $10M scholarships to assist in completion _________________________________ Total: $40 million investment
  • 16. The 66% Goal: How? $20/$20 Investment Plan $20M state contribution + $20M institutional innovation & investment _________________________________ Total: $40 million investment
  • 17. 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!
  • 18. Opening Graphic