indiana’s greatest challenges —and its greatest hope

Post on 02-Jan-2016

227 Views

Category:

Documents

1 Downloads

Preview:

Click to see full reader

TRANSCRIPT

INDIANA’S

GREATEST

CHALLENG

ES—AND

ITS GREATEST

HOPE

STATES WITH A 10% OR GREATER INCREASE IN

4TH GRADERS ON FREE/ REDUCED LUNCH,

2007-2011

 

STATES WITH LOWER COLLEGE ATTAINMENT RATES THAN INDIANA

 

PROBLEM

BIG 10 STATES WITH

LOWER ATTAINMENT

RATES:0

INDIANA FACES BIG COMPETITION AMONG BIG TEN STATES

Attainment Rates

Lumina Foundation – A Stronger Nation Through Higher Education

Indiana is not adequately positioned to respond to the demand for high-skilled talent and risks falling even further behind.

These data show that unless urgent action is taken, there will be a gap of 19 percent, which equates to approximately 675,000 workers, between the education, skills and knowledge demanded by Indiana's economy and the talent supply in 2025.

Of the 675,000 additional workers who will need credentials or degrees…

75% will need a certificate or an associate degree

The Solution to Indiana’s Economic

Recovery The State’s

Community College System

 THE TOP CHOICE FOR ALL AGE GROUPS

HIGH SCHOOL GRADUATES ADULT STUDENTS

CHE 2012 DATA Bloomington

West Lafayette

Bloomington

West Lafayette

 UNDERGRADS FROM THE STATE

CHE 2013 DATA

 STUDENTS EARNING DUAL CREDITS

MORE THAN

$87 MILLION SAVED BY INDIANA FAMILIES

STUDENTS TRANSFERRING IVY TECH CREDIT TO PUBLIC INSTITUTIONS

SAVINGS TO FAMILIES AND THE STATE:

$227 MILLION

 

2012 HIGH SCHOOL GRADUATES ENROLLED AT IVY TECH

DIPLOMA TYPE

ENROLLED AT

IVY TECH

NEED REMEDIATIO

NPERCENT

HONORS 770 252 33%CORE 40 6,524 4,376 67%GENERAL

2,030 1,605 79%

TOTAL 9,324 6,233 67%

INDIANA COLLEGE READINESS

THERE IS A COST INVOLVED IN GETTING THESE STUDENTS COLLEGE READY

AND THEY HAVE AN IMPACT ON COMPLETION.

13,929*

GRADUATES 2013-14

62% TOOK AN

ACADEMIC SKILLS

ADVANCEMENT (REMEDIAL)

COURSE

*The largest number of community college graduates (credentials) in the U.S.

MORE THAN 75% OF OUR STUDENTS

WORK

20% OF OUR STUDENTS ARE

SINGLE PARENTS

MORE THAN HALF OF ALL

AFRICAN-AMERICAN INDIANA

UNDERGRADUATES

ATTEND IVY TECH

HOW IS UNIQUE

MORE THAN 75% OF OUR STUDENTS

WORK

20% OF OUR STUDENTS ARE

SINGLE PARENTS

MORE THAN HALF OF ALL

AFRICAN-AMERICAN INDIANA

UNDERGRADUATES

ATTEND IVY TECH

43% OF INDEPENDENT

STUDENTS HAVE ADJUSTED GROSS INCOME

< $16K

43% OF INDEPENDENT

STUDENTS HAVE ADJUSTED GROSS INCOME

< $16K

MORE THAN 75% OF OUR STUDENTS

WORK

20% OF OUR STUDENTS ARE

SINGLE PARENTS

MORE THAN HALF OF ALL

AFRICAN-AMERICAN INDIANA

UNDERGRADUATES

ATTEND IVY TECH

HOW IS UNIQUE

43% OF INDEPENDENT

STUDENTS HAVE ADJUSTED GROSS INCOME

< $16K

 INDIANA’S HIGHEST RETURN ON ITS INVESTMENT IN HIGHER ED

MOST AFFORDABLE

LOWEST PERCENTAGE OF STUDENTS GRADUATING WITH LOAN DEBT

HIGH EARNINGS IN THE FIRST YEAR AFTER GRADUATION

 STUDENTS EARN A HIGH RETURN

WHAT’S HOLDING US BACK FROM

REACHING THE STATE’S GOALS?

 STATE FUNDING PER INDIANA STUDENT (Based on 2012 Headcount)

CURRENT RATIO

TOO FEW ADVISORS

1:1,000

GOAL

1:500

200 ADVISORS NEEDED TO MEET GOAL

CURRENT RATIO – FULL-TIME VS.

ADJUNCT

TOO FEW FULL-TIME FACULTY

23:77

GOAL

50:50

CURRENTLY IN THE BOTTOM 10TH PERCENTILE NATIONALLY

LAB NEEDS LIKE ANY OTHER COLLEGE

SCIENCE LABS/ EQUIPMENT

AUTOMOTIVE SNAP-ON &

DIESEL

INDUSTRIAL AUTOMATION/

ROBOTICS CENTERS OF EXCELLENCE

TECHNOLOGY INSTITUTES

NURSING/HEALTH

SCIENCES

COMPUTING INFORMATICS

INFORMATIONTECHNOLOGY

INFRASTRUCTURE

SELLERSBURG$25 MILLION

SOUTH BEND: $25

MILLION

CAPITAL NEEDS

MUNCIE$25

MILLION

KOKOMO $25

MILLION

COLUMBUS $25

MILLION

LAFAYETTE $25

MILLION

TERRE HAUTE

$10 MILLION

EVANSVILLE

MEDICAL: $20

MILLION

 WHAT KEEPS STUDENTS ENGAGED FULL-TIME?

Food service Student Life Recreation activities

IU/PU

regionals

Limited Limited Not applicable

WHAT’S NEEDED TO IMPROVE INDIANA’S COMPETITIVENESS?

$83.1 MILLION

DEFERRED SPENDING TO DATE

INDIANA’S

GREATEST

CHALLENG

ES—AND

ITS GREATEST

HOPE

INDIANA’S

INVESTME

NT IN IVY

TECH

MUST

INCREASE

top related