Loui ouisiana na H Highe gher E Educ ducation on #E #Eleva - - PowerPoint PPT Presentation
Loui ouisiana na H Highe gher E Educ ducation on #E #Eleva vateLoui ouisiana na Dr. J . Jos oseph C ph C. R . Rallo Com ommissione oner of of H Highe gher E Educ ducation on Fall 2017 2017 1 2 3 Louisiana Public
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. Jos
ph C. R . Rallo Com
Highe gher E Educ ducation
Fall 2017 2017
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Based on Preliminary Enrollment Data for Fall 2017; LCTCS enrollment based on final Fall 2016 enrollment Source: Statewide Student Profile System - Data submitted by institutions
210,613 223,815 228,872 228,930 224,887 221,110 219,016 215,170 211,248 212,013 200,000 205,000 210,000 215,000 220,000 225,000 230,000 235,000 Fall 2008 Fall 2009 Fall 2010 Fall 2011 Fall 2012 Fall 2013 Fall 2014 Fall 2015 Fall 2016 Fall 2017
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Note: Rankings includes La. TOPS program data
Louisiana Rank: 49th Louisiana Rank: 50th
Louisiana: 30.9%
6 Public 4-Year Institutions Public 2-Year Institutions Funds for Educational and General Operations Per FTE Student $11,715 Last in SREB $5,825 Last in SREB Average Salaries, Full-Time Instructional Faculty $65,400 Second Lowest in SREB $43,800 Lowest in SREB 6-Year Graduation Rate 44.7% Second Lowest in SREB N/A 3-Year Graduation Rate N/A 8.9% Lowest in SREB 4-Year Graduation Rate 20.2% Lowest in SREB N/A 2-Year Graduation Rate N/A 4.6% Lowest in SREB Progression Rates 68% (6 Years) Third Lowest in SREB 41% (3 Years) Lowest in SREB Average Cost of Attendance For One Year at a Public Four-Year Institution $16,900 Lowest in SREB N/A Average Debt of Graduates with Debt at Public Four- Year Graduates $21,640 Second Lowest in SREB
Source: SREB 2015 Fact Book
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In 2015, median earnings of bachelor’s degree recipients with no advanced degree working full time were $24,600 (67%) higher than those of high school graduates. Bachelor’s degree recipients paid an estimated $6,900 (91%) more in taxes and took home $17,700 (61%) more in after-tax income than high school graduates.
Tot
x Reve venue nue Inc ncrease
·Over an average lifetime, graduates with bachelor’s degrees pay $563,000 more in taxes than high- school graduates who never attend college.
Decrease i in n Tot
Gove
nment nt Expe xpendi nditur ure
·Over an average lifetime, college graduates receive $50,000 less in Medicaid, Supplemental Security Income, unemployment benefits and other such benefits than do high-school graduates who never attended college.
Measur urabl ble publ public be bene nefits
·On average, college graduates: ·Are more-active participants in democracy, with higher voting rates. ·Participate in community
·Lead healthier lifestyles. ·Are less likely to be involved in criminal activities. ·Fund the State’s retirement plan.
Source: Public Benefits from College Graduates, Trostel (2017)
LS LSU System - su supports s $3.9 bi billion
n sales in n Lo Louisiana
(Barnes & Terrell, 2013)
SU SU Sy System - co contributes es $147. $147.5 5 million
n eco economic c act activity to Lo Louisiana
(Hanover Research, 2016)
UL UL System – co contributes es more e th than $4 bi billion
to Lo Louisiana’s eco economy
(UL System, 2017)
LC LCTC TC System – Sa Salary ry earn rnings fo for r re recent LCTCS S gr gradua duates tot
d $1. $1.05 05 bi billion,
h th the majo jority ity of gr gradua duates earni ning ng th that t in income (and be being ng taxe xed) d) in n Lo Louisiana.
(LCTCS, 2016)
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One in five good jobs will become available each year that will require no formal education beyond a high school diploma. Slightly more than half of the good jobs across Louisiana today and those that will become available each year require a community or technical college degree or other credential. Slightly more than one in four good jobs in Louisiana requires a bachelor’s degree or higher.
Source: Public Affairs Research Council of Louisiana, Closing the Gap…Louisiana’s Workforce Challenge, January 2017
BY EDUCATIONAL ATTAINMENT LEVEL
Sources: National Center for Higher Education Management Systems and Georgetown University Center on Education and the Workforce
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By 2020, approximately 53% of open jobs in Louisiana will require a career credential or college degree. Currently, only 28% of Louisiana adults have an associate degree or higher.
Source: GUCEW
Louisiana ranks 48th in educational attainment with only 30.9%
degree or higher. Source: NCHEMS In order to reach the average educational attainment rate for Southern states, Louisiana will need to increase the percentage of adults with some college from 29.1% to 46.6% by 2025, or an increase of approximately 148,277 credentials.
Source: NCHEMS Closing the College Attainment Gap
12 Workforce Gaps in Economic Driver Occupations Highest Level
Graduates Grads Available for Work Jobs Available for These Grads 3-, 4-, and 5- Star Jobs Available for These Grads Grads Likely to Struggle to Find Good Jobs % of Grads Likely to Struggle High School 46,000 24,000 20,430 7,380 16,620 69% 2- Year College 22,743 10,068 24,300 19,860 9,792 0% 4- Year College 18,400 11,600 9,900 9,150 2,450 21% Graduate & Professional Schools 6,800 6,800 2,510 1,950 4,850 71% TOTAL 52,468 57,140 38,340 23,920 44%
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Di Distr tributi tion of TOPS Award Types Community ty/Technical College Stu tudents ts, AY AY 2016-2017 2017
Source: LOSFA- TOPS Payment Summary by Award Level for Academic Year 2016-2017 as of 07-28-17.
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Program of Study
Percent of Students
Business, Management, Marketing and Related Support Services 20% Health Professions and Related Programs 20% Engineering 10% Education 10% Biological and Biomedical Sciences 8% Psychology 5% Engineering Technologies/Technicians 4% Computer and Information Sciences and Support Services 3% Visual and Performing Arts 3% English Language and Literature/Letters 2% Parks, Recreation, Leisure and Fitness Studies 2% Homeland Security, Law Enforcement, Firefighting and Related 2% Physical Sciences 2% History 2% Other Programs of Study 7%
81% of students who have received TOPS are in programs aligned with good jobs.*
Data based on an unduplicated count of the last six years of students who received TOPS at any time.
Source: Data compiled from LOSFA Award System, Regents’ Statewide Student Profile System, LED & LWC
*Good jobs defined as 4- and 5-star jobs. 3-star jobs are not specifically accounted for and are included in the 19%
anticipated that the inclusion of 3-star jobs would not significantly change this data.
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1,000 2,000 3,000 4,000 5,000 6,000 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 *2016-17
3,103 3,104 3,451 3,378 3,505 3,829 3,899 4,323 782 783 913 982 1,286 1,401 1,190 865
TOPS Tech Eligible Students and Recipients
Students not accepting award TOPS Tech Recipient Eligible Students: 3,885 3,887 4,364 4,360 4,791 5,230 5,089 5,188
The TOPS Tech award has historically been underutilized. From 2009 to 2016, only 16.5% of eligible TOPS TECH students accepted the award. It is important to note that students who graduated in 2016-17 have until the fall semester of 2018 to accept their awards.
Source: LOSFA Award System as of 8-30-17
16 T H A N K Y O U F O R S U P P O R T I N G L O U I S I A N A H I G H E R E D U C AT I O N www.regents.la.gov