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

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Louisiana Public Higher Education Enrollment Stude udent nt H Headc dcount ount H History ory 235,000 228,930 228,872 230,000 224,887 225,000 223,815 219,016 220,000 221,110 215,000 212,013 215,170 210,613 210,000 211,248 205,000 200,000 Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Based on Preliminary Enrollment Data for Fall 2017; LCTCS enrollment based on final Fall 2016 enrollment 4 Source: Statewide Student Profile System - Data submitted by institutions

How does Louisiana rank nationally? Louisiana: 30.9% Louisiana Rank: 49th Louisiana Rank: 50th 5 Note: Rankings includes La. TOPS program data

How does Louisiana rank when compared to SREB peer institutions? Public 4-Year Institutions Public 2-Year Institutions Funds for Educational and $11,715 $5,825 General Operations Per FTE Last in SREB Last in SREB Student Average Salaries, Full-Time $65,400 $43,800 Instructional Faculty Second Lowest in SREB Lowest in SREB 6-Year Graduation Rate 44.7% N/A Second Lowest in SREB 3-Year Graduation Rate N/A 8.9% Lowest in SREB 4-Year Graduation Rate 20.2% N/A Lowest in SREB 2-Year Graduation Rate N/A 4.6% Lowest in SREB Progression Rates 68% (6 Years) 41% (3 Years) Third Lowest in SREB Lowest in SREB Average Cost of Attendance $16,900 N/A For One Year at a Public Lowest in SREB Four-Year Institution Average Debt of Graduates $21,640 with Debt at Public Four- Second Lowest in SREB Year Graduates 6 Source: SREB 2015 Fact Book

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Indi ndivi vidua duals w with hi h highe gher l leve vels of of e educ ducation on earn m n mor ore, , pa pay m y mor ore taxe xes, a , and a nd are mor ore l like kely t y tha han ot n othe hers t to be o be e empl ploye oyed. . LSU System - LS supports su s $3.9 billion bi on in n sales in n In 2015, median earnings of bachelor’s degree recipients with no advanced degree working full time were Louisiana Lo $24,600 (67%) higher than those of high school graduates. Bachelor’s degree recipients paid an estimated (Barnes & Terrell, $6,900 (91%) more in taxes and took home $17,700 (61%) more in after-tax income than high school 2013) graduates. -Education Pays 2016, College Board SU SU Sy System - contributes co es $147. $147.5 5 million on in n Tot otal Tax x Decrease i in n Measur urabl ble economic eco c Reve venue nue Tot otal publ public be bene nefits activity to act Lo Louisiana Inc ncrease Gove overnm nment nt (Hanover Research, UL UL System – Expe xpendi nditur ure 2016) ·On average, college co contributes es more e ·Over an average lifetime, graduates: th than $4 bi billion on to to ·Over an average graduates with bachelor’s ·Are more-active participants Lo Louisiana’s lifetime, college degrees pay $563,000 economy eco in democracy, with higher graduates receive more in taxes than high- (UL System, 2017) voting rates. $50,000 less in school graduates who ·Participate in community Medicaid, Supplemental never attend college. LCTC LC TC System – organizations. Security Income, Salary Sa ry earn rnings fo for r ·Lead healthier lifestyles. unemployment benefits recent LCTCS re S and other such benefits gradua gr duates tot otaled d ·Are less likely to be than do high-school $1. $1.05 05 bi billion, on, with h involved in criminal th the majo jority ity of graduates who never activities. gradua gr duates earni ning ng attended college. ·Fund the State’s retirement th that t in income (and plan. be being ng taxe xed) d) in n Lo Louisiana. (LCTCS, 2016) 8 Source: Public Benefits from College Graduates, Trostel (2017)

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Louisiana Job Market BY EDUCATIONAL ATTAINMENT LEVEL 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 10

Where is Louisiana now? 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% of working-aged residents, 25-64 years, earning an associate’s 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 11 Sources: National Center for Higher Education Management Systems and Georgetown University Center on Education and the Workforce

Skills Not Aligned to High Demand Jobs Workforce Gaps in Economic Driver Occupations Grads Likely to Grads Jobs 3-, 4-, and 5- Star Struggle to % of Grads Highest Level Available for Available for Jobs Available for Find Good Likely to of Education Graduates Work These Grads These Grads Jobs 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 & 6,800 6,800 2,510 1,950 4,850 71% Professional Schools TOTAL 52,468 57,140 38,340 23,920 44% 12

How many TOPS recipients enroll in a community or technical college? 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. 13

TOPS Recipients’ Programs of Study 81% of students who have received TOPS are in programs aligned with good jobs.* Percent of Students Program of Study 20% Business, Management, Marketing and Related Support Services 20% Health Professions and Related Programs 10% Engineering 10% Education 8% Biological and Biomedical Sciences 5% Psychology 4% Engineering Technologies/Technicians 3% Computer and Information Sciences and Support Services 3% Visual and Performing Arts 2% 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 7% Other Programs of Study Source: Data compiled from LOSFA Award System, Regents’ Statewide Student Profile System, LED & LWC Data based on an unduplicated count of the last six years of students who received TOPS at any time. *Good jobs defined as 4- and 5-star jobs. 3-star jobs are not specifically accounted for and are included in the 19% of students not represented on this chart as the current classification system only identifies 4- and 5-star jobs. It is 14 anticipated that the inclusion of 3-star jobs would not significantly change this data.

Acceptance Rates of TOPS TECH Awards TOPS Tech Eligible Students and Recipients 6,000 Students not accepting award TOPS Tech Recipient 5,000 865 1,401 1,190 1,286 913 982 4,000 782 783 3,000 4,323 3,829 3,899 2,000 3,451 3,505 3,378 3,103 3,104 1,000 0 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 *2016-17 Eligible Students: 3,885 3,887 4,364 4,360 4,791 5,230 5,089 5,188 Source: LOSFA Award System as of 8-30-17 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. 15

Questions? #ElevateLouisiana 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 16