Salt Lake Rotary Presentation

The Utah Challenge:Facing the Future
October 27, 2009
Bill Sederburg, Commissioner of Higher Education

Facing the Future: Next 15 Minutes
Introduction
Higher Education in Utah
Basic Argument
What you can do
2

Introduction
Background
Utah Commissioner of Higher Education
President of Utah Valley University (5 yrs.)
President, Ferris State University (9 yrs.)
Michigan Senator (12 years)
M.A., Ph.D. -Michigan State University
Personal Profile
Married with two children
Excellent tennis player (In my opinion)
3
Me

Turns out it was not Roger Federer, but Howard that I played!
At the Salt Lake Swimming and Tennis Club
4
Rotarian Howard Van Boerum

Introduction to USHE
5
15 Regents
Governor Appoints
Commissioner
University Network
Utah Higher Education Assistance Authority
Utah Educational Savings Plan

Network of Great Colleges & Universities
6

Utah’s Higher Education Network
29,596 Employees (Fall 2008)
152,228 Students (24,828 new students since Fall 2008)
25,415 certificates & degrees (2006-07)
$400-$500 million/year in research
24,000 students helped by UHEAA & UESP
7

8
Lowest default rate in the nation
$2.1 Billion in loans
One of nation’s best 529 plans
Over $2.7 billion in assets
College prep message to 8th grade
Involves volunteers from business

It’s generally understood…
Personal AND statewide economic success directly correlate to educational attainment
9

Educational Attainment and Income
$50,000
1980
$43,000
$36,000
AK
Personal Income Per Capita
CT
$29,000
CA
NV
NJ
WY
HI
MD
NY
IL
CO
WA
DE
MA
MN
VA
OR
US
PA
MI
OH
WI
KS
FL
NH
RI
TX
IA
AZ
OK
IN
MO
$22,000
NE
MT
LA
VT
UT
ID
GA
ME
NM
NC
TN
WV
KY
SD
ND
Correlation = 0.64
SC
AL
AR
MS
$15,000
10
15
20
25
30
35
40
45
Percent of Adults Age 25-64 with Bachelor’s Degrees
Source: U.S. Census Bureau, Decennial Census’ and American Community Survey
10

11
$50,000
1990
$43,000
CT
$36,000
NJ
NY
MA
MD
AK
HI
CA
DE
IL
$29,000
NH
VA
NV
MN
RI
WA
CO
PA
FL
US
OH
MI
KS
NE
OR
WI
WY
VT
MO
GA
IN
IA
ME
NC
TX
AZ
TN
OK
SD
$22,000
ND
SC
AL
ID
MT
KY
LA
UT
NM
WV
AR
Correlation = 0.76
MS
$15,000
10
15
20
25
30
35
40
45

12
$50,000
2000
CT
$43,000
NJ
MA
NY
MD
$36,000
CO
NH
CA
MN
IL
WA
VA
DE
NV
AK
US
PA
RI
MI
FL
WI
WY
HI
OH
OR
GA
TX
KS
VT
$29,000
NE
MO
IN
NC
IA
ME
TN
SD
AZ
ND
SC
OK
KY
UT
ID
AL
LA
MT
NM
AR
WV
$22,000
MS
Correlation = 0.80
$15,000
10
15
20
25
30
35
40
45
12

13
$50,000
2005
CT
$43,000
NJ
MA
MD
NY
$36,000
NH
CO
MN
VA
WY
DE
CA
IL
NV
AK
WA
RI
PA
HI
US
FL
WI
NE
KS
VT
SD
OR
MI
TX
OH
$29,000
IA
ND
MO
IN
NC
GA
ME
TN
AZ
OK
AL
MT
SC
ID
KY
NM
UT
AR
WV
$22,000
MS
LA
Correlation = 0.83
$15,000
10
15
20
25
30
35
40
45
13
13

Now let’s look at Utah’s status
14

Now let’s look at Utah’s status
15

The Tipping Point
16

Making good things happen!
Absorbing 24,000 students
Keeping tuition low
USTAR
Regional initiatives
Easy transferability of credit
Utah is efficient
Fewest dollars spent per 4-yeardegree of any state.
17

The wave of the future…
18
“An Inconvenient Truth”-quoting Al Gore, but on a different topic
Other states are doing more to protect their “seed corn”.
Utah is in the middle of the states on budget cut impacts.

What can you do?
Be a “Friend of Utah Higher Education“
200 business leaders led by Bob Marquardt
Engage your business in Utah Scholars
Support new revenues for higher education:
Rainy day funds
Sales tax on food
Gas, cigarette tax
Ask state leaders – what future do they want for the state?
19

The choice is ours….
Reduced capacity to
Help people retool
Base future growth on low pay/low skill
21st Century Workforce
Technologically sophisticated
Skills to compete
20

Thank you
21

Salt Lake Rotary Presentation

by HigherEdUtah on Nov 03, 2009

Accessibility

Categories

Tags

Upload Details

Usage Rights

3 Embeds 9

Statistics

Salt Lake Rotary Presentation — Presentation Transcript

http://s280001358.onlinehome.us	5
http://higheredutah.org	3
http://www.slideshare.net	1