West Valley City Education Summit

Opening Graphic

Economic Development and Utah’s Higher Education
William Sederburg, Commissioner of Higher Education
August 18, 2010

Introduction
Background
Utah Commissioner of Higher Education (August 2008)
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

Big Business
Interesting Time
Growth Industry
Critical to State’s Success
Thanks for letting me present today!

Utah Higher Education as an Economic Entity
One of the state’s largest economic clusters
$4+ billion in revenues
$2.9 billion in salaries/benefits
35,000 full/part-time employees

Good Return on Investment
$700 Million State Appropriations
$100 Million in FY 10 for Facilities
$4 Billion Expenditures
Community Engagement
Research
Leadership
Buildings since 1996 :
$700 Million state funded
$1.1 Billion privately funded

USTAR Success
University of Utah, MIT lead nation in new companies founded
Published: Friday, Feb. 19, 2010 11:45 p.m. MST
A USTAR team spotlight: The Center for Advanced Nutrition at Utah State University
The U.'s accomplishment is significant, due to the fact that MIT received almost five times more research funding, $1.3 billion, compared with the U.'s approximately $273 million.
Aerospace Engineering at USU
The Economic Impact of Sponsored Research at the University of Utah
Report of BEBR

UCAP Projects
Cluster: Aerospace (pilot project)
Convening Institution: Weber State University
Status: entering phase III (plan implementation)
Cluster: Energy (pilot project)
Convening Institution: Salt Lake Community College
Status: completing phase II (plan development)
Cluster: Digital Media(pilot project)
Convening Institution: Utah Valley University
Statue: entering phase I (industry assessment)
Launched via “PushButton Summit 2010” conference in March
UTC’s “BioVision” project
2010-11 UCAP projects

Talent Force Development
Graduates in 2009
2,494 teachers (associates/bachelors in education/teaching)
1,395 engineers (bachelor degree or higher)
1,654 nurses (associates/bachelors/masters)
238 doctors (all MD disciplines)
7,015 business (all degree levels)
7,199 career and technical certificates

Governor’s Education Excellence Commission
Utah’s Future
Promises
Keep
to
Optimization Task Force
10

As we look at the future!
Respond to demographic growth!
Education is key to our future!

Growth Industry
Utah & U.S. Annual Births
U.S. Peak: 1975
1957 Birth Year
U.S. Trough: 1993
1973 Birth Year
U.S. Peak: 2008
Birth Year 1990
Utah Peak: 1979
1961 Birth Year
Utah Peak: 2000
1982 Birth Year

OCHE Updates -– Women and Education
Study administered by Susan Madsen, UVU

Participation – The Minority Gap
Only 67% of Hispanics graduate from high school (compared with 91% of their white counterparts).
Only 16% of Hispanic young adults are enrolled in college, compared with 45% of white – the largest gap in the nation.

It’s generally understood …
Personal AND statewide economic success directly correlate to educational attainment.
15

Utah Personal Income by Education
Associate’s or Certificate
Bachelor’s Degree
Advanced Degree
H.S. Diploma
Institute for Higher Education Policy (2005): The Investment Payoff, Appendix 1

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
Correlation = 0.64
KY
SD
ND
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

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

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

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

Conclusions
Increasing correlation (.63 to .84)
2. States are differing from each other
3. Utah is falling behind

The world and Utah are rapidly changing!
West Valley as well!

Education of Workforce (Anthony Carnevale)

Future Personal and State Job Prospects
Source: Carnevale, Anthony P., and Donna M Desrochers, Standards for What? The Economic Roots of K-16 Reform, Educational Testing Service, 2003.

Percentage of Jobs Requiring Postsecondary Education by 2018
Utah
66 percent
8th most in the country

Utah’s 2020 Higher Education Plan
Governor Herbert’s challenge:
Develop a plan to meet the needs of students and employers in the 21st century
Provide the most prepared and productive workforce in the nation
Report due Governor in the fall 2010

Utah’s 2020 Higher Education Plan
Utah’s Big Goal:
60 %of Utahns ages 25 to 64 with a higher education certificate or degree by 2025

National & State Challenge – 60% Credential
College attainment:
Canada: 55%
Japan: 54%
USA: 40%
148,000 new students
Source: National Center for Higher Education Management Systems, Governors’ Office of Planning and Budget

How Utah Will Achieve Its Big Goal
State Board of Regents Strategic Goals:
Increase participation
high school graduates
returning adult learners
Women & minorities
Increase completion rates
K-16 Connections
Mathematics
Complete College America
Increase economic innovation
Regional Stewardship
Research & retraining

West Valley City High Schools
College Attendance Rates
Granger High School
53 percent of 2009 graduates enrolled last year
74 percent of students graduated from h.s.
Hunter High School
59 percent of 2009 graduates enrolled last year
93 percent of students graduated from h.s.

Summary
The world is changing significantly
Utah’s future depends on a vibrant education system.
Need a commitment to educate our “talent force” for the future with 60% of the workforce with post secondary credentials.
Communities like West Valley are critical to Utah’s success!

West Valley City Education Summit

by HigherEdUtah on Aug 18, 2010

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West Valley City Education Summit — Presentation Transcript