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IT’S THE EDUCONOMY, STUPID

Brandon BusteedExecutive Director

Gallup Education

@brandonbusteed

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A BROKEN LINK BETWEEN EDUCATION AND WORK

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STANDARDIZED TESTS, BUT NO ENTREPRENEURS

Negative correlation between PISA and GEM scores

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High School GPA, Rank In Class

SAT, ACT

INPUTS OUTPUTS

GPA, Rank In Class Retention Rates,

Degree Attainment Gainful Employment And maybe…

- CLA, etc.

CURRENT EDUCATION MEASURES INSUFFICIENT

Hope is a stronger predictor of college success than SAT and GPA.

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WHAT IS THE

ULTIMATEOUTCOME OF AN EDUCATION

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WHAT DOES A ‘GREAT LIFE’ LOOK LIKE?Purpose Social Financial

CommunityPhysical

How you occupy your time; liking

what you do each day

Managing your economic life to

reduce stress and increase security

Relationships and love in your life

Good health and enough energy to

get things done daily

Engagement and involvement in the area where you live

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WELL-BEING MATTERS TO ORGANIZATIONS

$9,370

$7,457$6,361

$5,387$4,570

$3,539

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

None One Two Three Four FiveNumber of Elements Thriving at Baseline (2010)

Annual Health-Related Cost to Employer(Disease Burden and Unhealthy Days)

Total

Age: 44 and younger

Age: 45 and older

Controlling for demographic differences at baseline (2010)

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Opportunities to learn and grow

Progress in last six months

I have a best friend at work

Coworkers committed to quality

Mission/Purpose of company

At work, my opinions seem to count

Someone encourages my development

Supervisor/Someone at work cares

Recognition last seven days

Do what I do best every day

BASIC NEEDS

INDIVIDUAL CONTRIBUTION

TEAMWORK

GROWTH

I have materials and equipment

I know what is expected of me at work

WHAT DOES A ‘GREAT JOB’ LOOK LIKE?

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ENGAGEMENT MATTERS TO ORGANIZATIONS

-37%

-25%

-49% -49%

-60%

12%18% 16%

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

Difference between top and bottom engagement quartiles

Turnover

Absen-teeism

SafetyIncidents

Customer Productivity Profitability

High-Turnover

Orgs.

Low-Turnover

Orgs.Quality

(Defects)

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A STRENGTHS FOCUS

18%

40%22%

1%

52%

57%

33%

38%

30%2%

45%61%

0%

20%

40%

60%

80%

100%

Engaged

Not Engaged

ActivelyDisengaged

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NEARLY HALF OF YOUNG PEOPLE HAVE ENTREPRENEURIAL ASPIRATIONS…

45.3%

42.9%

42.2%

41%41%42%42%43%43%44%44%45%45%46%46%

2011 2012 2013

I plan to start my own business.

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…BUT FEW STUDENTS WORKING, INTERNING, OR HAVE OWN BUSINESS

4.6%3.1%

17.1%

0%2%4%6%8%

10%12%14%16%18%

Are you currentlyinterning with alocal business?

Do you run yourown business now?

Worked one houror more at a paying

job last week

% Yes

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WHAT WORKS IN SCHOOL IS REAL WORK…

21st century skills predict work success

• “Worked on a long-term project that took several classes to complete” (28% HS vs. 50% college)

• “Used what you were learning about to developsolutions to real-worldproblems in your community or in the world” (22% vs. 27%)

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…AND CARING

Teacher support positively correlated with 21st century skill exposure

‘Teachers cared about my problems and feelings’

‘Teachers knew about my hopes and dreams’

23% of high school grads vs.

16% of college grads

18% of high school grads vs.

11% of college grads

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DEMAND FOR HIGHER EDUCATION IS HIGH…

95%say it is very important to somewhat important to have a certificate or degree beyond high school

41%of Americans, in the last 12 months, have thought about going back to get a certificate or degree

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…BUT QUALITY IS IN QUESTION…

say U.S. higher education is the same or worse than higher education in other countries

HALF (46%)

58% say U.S. higher education is the same or worse than it’s been in the past

% strongly agree

Traditional colleges and universities offer high-quality education

29%

Community colleges offer high-quality education

19%

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…AND QUALITY IS DEFINED BY A GOOD JOB

AMERICANS: “very important” reason for getting education beyond high school (Gallup/Lumina poll)

To Get a Good Job 67%

Top reasons FRESHMEN cite for going to college (UCLA CIRP) To Get a Good Job 88%

PARENTS OF 5TH-12TH GRADERS: “very important” reason for getting education beyond high school (Gallup/IHE poll)

To Get a Good Job 38%

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IN THE FUTURE: GOOD JOBS ‘COLLEGE’

Parents of 5th-12th graders

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GALLUP-PURDUE INDEXGREAT JOBS AND GREAT LIVES

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IT’S NOT WHERE YOU GO…

No Difference in Workplace

Engagement or Well-being of

Graduates Between:

Public vs. private non-profits

Highly selective institutions and rest

Top 100 ranked schools in US News & World Report and rest

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IT’S HOW YOU DO IT…

Graduates who were “emotionally supported”

as likely to be THRIVING in their well-being3x

during college have more than

double the odds of being ENGAGED in their work and nearly

– “At least one professor who made me excited about learning”

– “Professors cared about me as a person”

– “A mentor who encouraged my hopes and dreams”

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IT’S HOW YOU DO IT…

– “Long-term project taking a semester or more to complete”

– “Internship or job where applied learning”

– “Extremely involved in extra-curricular activities & organizations”

Graduates who had have more than“experiential and deep learning”

doublemore are thriving (13% vs. 10%)

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