Governor's Education Summit 10-15-2012

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DAVID L. BUHLERCOMMISSIONER 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

$19,316

$26,355 $30,632

$41,273

$59,843

8.2%7.6%

5.5%

4.1%

1.4%

Median Wage Unemployment Rate

Sources: American Communities Survey 2009, Utah Department of Workforce Services

Learn & Earnmedian wages by degree earned

Who pays the taxes?Utah population 25 & over by education level & state tax contribution

No Postsecondary Education Some College, Certificates & Associate's Degrees

Bachelor's & Higher

12%

40%

48%

34%38%

28%

Taxes PaidPopulation

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

THE 66% GOAL: TAKING THE FIRST STEP

USHE Degree & Certificate Awards increase 4% annually to reach 66% goal

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-2033,000

35,000

37,000

39,000

41,000

43,000

45,000

47,000

33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,600 33,600

1,3002,600

4,000

5,500

7,000

8,600

10,300

12,100

Utah Base USHE

The 66% Goal: How?

Utah Needs a Bold, New Plan

• Increased Innovation

• Increased Investment

• We won’t get there by maintaining the status quo

Utah Higher Education Funding Trends

*Based on FY12 Preliminary Tuition Collections Information

Funding per FTE 2008

Tax Funds 63%

Tuition37%

Funding per FTE 2012

Tax Funds 49%

Tuition51%

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

The 66% Goal: How?

Align with Metrics of Governor’s Commission on Education Excellence

• Participation• Access• Completion• Economic success

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

The 66% Goal: How?

Investment

$30M increases capacity in critical programs

+ $10M scholarships to assist in completion

_________________________________

Total: $40 million investment

The 66% Goal: How?

$20/$20 Investment Plan

$20M state contribution

+ $20M institutional innovation & investment

_________________________________

Total: $40 million investment

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!

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