State Workforce Investment Board

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  • From USHE
  • State Workforce Investment Board

    1. 1. State Workforce Investment BoardDavid Buhler, Commissioner of Higher EducationJanuary 10, 2013
    2. 2. Overview21. Higher Ed as an Economic Driver2. Creation of Innovation3. Expanding the Talent Force
    3. 3. Research Universities•University of Utah (Flagship)–medical school, law school, pharmacy school, etc.•Utah State University (Land Grant)–includes regional campusesRegional Universities/Colleges•Weber State University•Utah Valley University•Southern Utah University (Liberal Arts & Sciences)•Dixie State CollegeCommunity Colleges•Snow College•Salt Lake Community CollegeUtah’s Eight Public Colleges & Universities
    4. 4. Higher Education Fuels the State’s EconomyDegrees & Credentials• Certificates; 2,152• Associates: 10,067• Bachelors: 13,699• Masters, PhD, Prof: 4,058Space Inventory• 25,047,104 square feet (67% of state inventory)Funding per FTE• Tuition = 51%• Taxes = 49%
    5. 5. 1) Higher Ed as an Economic Driver5
    6. 6. A $4.5 Billion Enterprise6Tuition/Fees, $592,409,100StateAppropriations, $703,119,511EverythingElse, $3,231,202,187
    7. 7. State Funds$968,433,400Donations &Federal, $1,103,629,900Revenue Bonds$1,255,477,400Student Fees$117,766,300Other$2,476,873,60028% 72%7Leveraging State DollarsUSHE provides $2.6 for every state dollar of capital developmentUSHE Capital Funding by Source (1996-2012)
    8. 8. A major employerUSHE Institutions 33,162Tax funded: 15,204Other: 17,958Intermountain Healthcare: 32,000State of Utah: 25,000Hill Air Force Base: 15,000Wal-Mart (in Utah): 20,0008
    9. 9. $19,316$26,355$30,632$41,273$59,843Less than High School DiplomaHigh School DiplomaSome College, Certificates & Associates DegreesBachelors Degree Graduate Degree8.2%7.6%5.5%4.1%1.4%Individual Benefits of Higher Ed are Undeniable9Median Wage Unemployment RateSources: American Communities Survey 201 0, Utah Department of Workforce Services
    10. 10. Benefits of Higher Education – for the State1012%40%48%34%38%28%No Postsecondary EducationSome College, Certificates & Associates DegreesBachelors & HigherTaxes Paid PopulationState Tax Contributions & Population (by educational attainment)Sources: US Census, Utah System of Higher Education
    11. 11. 2) The Creation of Innovation11
    12. 12. Creation of InnovationBasic Research and USTAR (since 2005)• 202 patents (106 UU, 96 USU)• 330 disclosure (142 UU, 188 USU)• 120 startups at University of UtahApplied Research• Support for gov’t and business on specific projects• All institutions participate in applied research invarying degrees– Example: Bureau of Economic and Business Research12
    13. 13. Alan KayXerox/AppleJust like these innovators…Tom StockhamSoundstreamIvan SutherlandJohn WarnockAdobeEd CatmullPixar/DisneyDavid EvansEvans & Sutherland
    14. 14. Inspiring the Next Generation of Entrepreneurs14
    15. 15. Fueling Entrepreneurships And New Business15USHE campuses institutions provide criticalgeographic hubs:• 10 of 11 Small Business Development Centers located on USHEcampuses• 6 of 7 USTAR Regional offices centers located on USHEcampuses.Other Regional and Statewide Business Development• PTAC, Rural Development, SBA, etc.
    16. 16. • Resulting in enriched student experience relevantto the regions/industries– Internships– Undergraduate and Applied Research– Business Incubation– Business and Entrepreneur resources (market research, capital,consulting)16Fueling Entrepreneurships And New Business
    17. 17. 3) Expanding the Talent Force(Preparation, Participation, Completion)17
    18. 18. Expanding the Talent Force• By 2018, 66% of jobs in Utah will requirepostsecondary education.• Utah is currently at 43%.• 20 highest-paying occupations in Utah currentlyrequire at least a Bachelor’s degree.18
    19. 19. Expanding the Talent ForceMore Participation Needed…• Enrollment growth is not keeping up with populationgrowth• Between 1994 and 2009:– Youth (18-24) population grew 40%– First time freshmen enrollment grew 20%• 49% of 18-24 year olds not enrolled in college19Source: Dr. Jeff Strohl, Center on Education and the Workforce, Georgetown University
    20. 20. Most Common Majors*Utah’s 5-Star Jobs (2010-2020)(high growth, high demand, high wage)In Utah UtahHealth Professions Registered NursesBusiness & Marketing General and Operations ManagersSocial Science & Public Admin. Sales, ManufacturingEducation Accountants & AuditorsVocational Studies First-Line Supervisors in ConstructionEngineering & Related Technologies Secondary School TeachersPsychology Management AnalystsCommunications Software Developers, SoftwareVisual & Performing Arts Sales, Manufacturing (Technical/Scientific)Computer & Info Sciences Computer Programmers*Does not include General Studies Associates degrees primarily for transfer into 4-year programsUSHE 2012 Data Book(http://www.higheredutah.org/wp-content/uploads/2009/07/Tab-B-Degrees-and-Awards1.pdf)Department of Workforce Services, Utah Job Outlook, long-term(http://jobs.utah.gov/opencms/wi/pubs/outlooks/state/index.html)
    21. 21. Expanding the Talent Force21Increase degrees 4% annually to reach 66%3000032000340003600038000400004200044000460002011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-2045,000+31,339Annual Growth in Certificates (>1 yr) and Degrees to USHE students
    22. 22. 22InnovationLeverage use of technology• Online/hybrid courses• Open coursewareBroaden reach to K-12 students• College readiness• 1st generation college-goersFocus on industry needs• STEM• Health ProfessionsInvestmentIn Capacity and Completion$30M increases capacity in critical programs+ $10M scholarships to assist in completion_________________________________Total: $40 million investment$20M/$20M Investment Plan$20M state contribution+ $20M institutional innovation & investment_________________________________Total: $40 million investment66%: Expand Teaching Capacity &Completions by 2020
    23. 23. • Year 1 of 7-year plan• Invest in STEM & health professions• Student preparation for high-income careers• Build teaching/completion capacity for 7,300 newdegrees and certificates66%: Expand Teaching Capacity &Completions by 2020
    24. 24. Benefits of Higher Education - for the StateIf Utah reaches the 66% goal:• Wage income would increase annually by between$1.5B and $3B annually.• 5%-10% increase in total state wage share of GDP.24Source: Dr. Jeff Strohl, Center on Education and the Workforce, Georgetown University
    25. 25. Summary251. Higher Ed is a large enterprise.2. Higher Ed is critical to workforce development andinnovation.3. We must expand capacity to expand the talent force.4. Continue building partnerships with business andindustry.5. Strategies for our state require support of allstakeholders.
    26. 26. Thank YouQuestions/Discussion26

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