The Postsecondary Challenge: More The Postsecondary Challenge: More Degrees for the Dollars We SpendDegrees for the Dollars We Spend
Travis ReindlTravis Reindl
ECS National Forum on Education PolicyAustin, TX • July 1, 2008
Slide 2
The Attainment Challenge: Adults with a College Degree, 2005
52.3
%48
.7%
46.0
%45
.7%
44.6
%44
.2%
44.0
%43
.7%
43.7
%43
.3%
42.8
%42
.4%
41.7
%41
.3%
40.7
%40
.4%
40.1
%38
.9%
38.8
%38
.6%
38.4
%37
.4%
37.4
%37
.4%
37.3
%37
.2%
37.1
%37
.0%
36.6
%36
.4%
36.1
%36
.0%
35.9
%35
.8%
35.3
%33
.9%
33.7
%33
.6%
33.6
%33
.2%
33.2
%33
.0%
31.8
%31
.2%
30.8
%29
.8%
29.0
%28
.6%
28.5
%26
.8%
26.5
%25
.0%
0%
10%
20%
30%
40%
50%
60%
Dist. O
f Col.
Massachusetts
Connecticut
Colorado
New
JerseyM
innesotaN
ew H
ampshire
Verm
ontM
arylandN
ew Y
orkV
irginiaN
orth Dakota
Washington
Rhode Island
Haw
aiiN
ebraskaIll inoisC
aliforniaU
tahK
ansasS
outh Dakota
Iowa
United S
tatesW
isconsinO
regonM
aineD
elaware
Pennsylvania
Flor ida
Montana
Alaska
North C
arolinaM
ichiganG
eorgiaA
rizonaW
yoming
IdahoO
hioN
ew M
exicoS
outh Carolina
Missouri
Texas
Oklahom
aIndianaA
labama
Tennessee
Mississippi
Nevada
Kentucky
LouisianaA
rkansasW
est Virginia
Benchmark for International Competitiveness by 2025 (55%)
SOURCE: NCHEMS
Slide 3
The Attainment Challenge: Change in 18-44 Year Old Population, 2005-2025
-0.88
-6.59
0.42
2.031.87
5.49
0.33
1.41
-8
-6
-4
-2
0
2
4
6
8
18-24 25-44Mill
ion
s White
African American
Hispanic
Other
SOURCE: U.S. Census Bureau
Slide 4
The Finance Challenge: Too Much on Price, Not Enough on Cost
SOURCE: AGB
Association of Governing Boards Survey (2007)
QUESTION: Did you present expenditures per student (not tuition or room and board costs) to your governing board at any time in the 2006 fiscal year? [all institutions; n=700]
42%
58%Yes No
Slide 5
The Finance Challenge: Short and Long Term Fiscal Squeeze
Short Term: Recession spells trouble for higher education budgets; growing number of states making or planning cuts.
Long Term: Competition for public resources will intensify as the population ages, leaving higher education vulnerable:
> Higher education’s share of state budgets continues to fall, from 13% in FY97 to 11.2% in FY07.
> Every state faces spending commitments that will outpace revenues.
SOURCES: NASBO; Rockefeller Institute
Slide 6
The Political Challenge: A Worried Public
SOURCES: NCPPHE, Public Agenda
Slide 7
The Political Challenge: A Skeptical PublicAMERICANS ARE SPLIT ON THE QUESTION OF WHETHER
MORE SPENDING BY COLLEGES IS LEADING TO MORE LEARNING FOR STUDENTS
SOURCES: NCPPHE, Public Agenda
Slide 8
A Productivity Agenda for Higher Education
Recasting state finance systems to reward institutions for graduating students, not just enrolling them.
Increasing the efficiency and cost-effectiveness of academic programs and administrative operations.
Aligning resources in ways that allow institutions to serve more students.
Slide 9
For More Information
Travis ReindlProgram DirectorJobs for the Future88 Broad StreetBoston, MA [email protected]
www.makingopportunityaffordable.org
