jobs and prosperity
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HIGHER EDUCATION:. Oklahoma’s Road to. Jobs and Prosperity. November 19, 2013. 2014 State Regents’ Legislative Agenda and Budget Request. Complete College America Prohibit Weapons on Campus Oklahoma’s Promise. Campus Security. - PowerPoint PPT PresentationTRANSCRIPT
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Jobs and ProsperityOklahoma’s Road to
HIGHER EDUCATION:
November 19, 2013
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2014 State Regents’ Legislative Agenda and Budget Request
• Complete College America• Prohibit Weapons on Campus• Oklahoma’s Promise
• The State Regents, all 25 institutions, and all governing boards believe that there is no scenario where allowing guns on our campuses will do anything other than create a more dangerous environment for our students, our faculty, our staff and our visitors.
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Campus Security
• In past six legislative sessions, legislation has been introduced or discussed that would allow students to carry weapons onto college campus. We have successfully stopped the legislation to date.
• It will continue to be a top priority of our higher education system to ensure that this legislation does not become law.
1,000
3,000
5,000
7,000
9,000
11,000
13,000
15,000
2007-082000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
1,717 2,0042,982
5,889
9,155
12,101
2008-09 2009-10
17,000
19,000
14,669
16,929
18,298
19,426
2010-11
20,029
2011-12
20,08119,650
2012-13
19,300
2013-14
Number of Oklahoma’s Promise Scholarship
RecipientsAssumes 1% annual increases in
OK Promise high school enrollment and 65% completion rate of high school requirements
for scholarship eligibility.
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In The Global Economy of the 21st Century,
90 Percent of the Fastest-Growing Jobs Will Require a Higher
Education.
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6Source: United States Bureau of Labor Statistics
7Source: Bureau of the Census 2012
compared to Oklahoma
at 23.8 percent.
Nationally, more than one-quarter (29.1 percent) of adults 25 and older have
a bachelor’s degree or more.
State Per Capita Personal Income v. Share of Adult Population with
Bachelor's Degree or Higher
The Overwhelming Majority of States That Have a High
Percentage of Their Citizens with a College Degree Have a
Higher Per Capita Income.
California ColoradoConnecticut DelawareIllinois MarylandMassachusetts MinnesotaNew Hampshire New JerseyNew York Rhode IslandVermont VirginiaWashington Wyoming
8Source: United States Bureau of Economic Analysis
Learn More, Earn More2012 Median U.S. Earnings by Educational Attainment
(for workers age 25 and older)
Source: Bureau of Labor Statistics, Current Population Survey 2012
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$1,455,253High School Graduate
$1,725,822Some College
$1,801,373Associates
Degree
$2,567,174Bachelor’s
Degree
$2,963,076Master’s Degree
$3,982,577Doctorate
$5,254,193Professional
Lifetime Earnings!
Source: U.S. Department of Commerce Economics and Statistics Administration – U.S. Census Bureau
$1.1 M more in a Lifetime than HS Grad
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No High School
Diploma12.4% High
School Diploma
8.3%Some
College7.7% Associates
Degree6.2%
Bachelor’s Degree4.5%
Master’s Degree3.5%
Professional Degree2.1%
Doctoral Degree
2.5%
Source: Bureau of Labor Statistics, Current Population Survey 2012
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Percent of Oklahoma Residents Who Graduate with a
Bachelor’s Degree Remain In the State and
are Employed In the State One Year After Graduation
Students Who Learn Here, Earn Here
Source: 2012 Employment Outcomes Report
87%Remain in the
State
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Link Academic Programs to the needs of Business
• Healthcare, Allied Health and Nursing• Engineering• Business• Aviation and Aerospace• Wind Turbine Technology• Health Information Management• Management Information Systems
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A total cumulative cost savings of $451.7 million from 2011-15. $451.7 m
$411 m
$74 m
• Changes in Salaries and Benefits
• Changes and Elimination of Positions• Energy Conservation and Conversion• Reduction in Supplies• IT Savings
Source: FY15 Institutional Budget Needs Survey
$0 m
$50 m
$100 m
$150 m
$200 m
$250 m
$300 m
$350 m
$400 m
$450 m
2011 2012 2013 2014 2015
$500 m
$112 m
$347 m
Higher Education Cost Savings
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FY14 Cost Savings
$43.6
15
Higher Education Cost Savings
$1 m
$15 m
$30 m
$45 m
$60 m
$75 m
Transfers and Other
Supplies Utilities
$2.1 m
$73.5 m
$49.3m
$70.9 m
$16.3 m
Travel, Periodicals and Other
Source: Oklahoma State Regents for Higher Education
Personnel and Benefits 15
Information Technology Cost Savings
2011 - 2015$239.7 Million
FY14$48.2 Million
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• Oklahoma’s 25 College and Universities have an active and productive grantsmanship program which contributes to the institutions funding outside the appropriations process.
Source: Oklahoma State Regents for Higher Education
• In FY14, our institutions reported $620.3 million in competitive grants for program development and research.
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FY12FY10
History of State Appropriations
FY11
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FY09
$1,050.9 billion
FY13 FY14
$988.5 million
System Overview
FY08
$1,001 billion
$1,039 billion
$943.7 million
$955 million$945 million
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FY80 FY90 FY00 FY10 FY135%
15%
10%
20%
15.6%15.3%
Higher Education’s Percent of Oklahoma Total State Appropriations
18.6%
FY14
15.8%
14.8% 14.6%
1988 2007 2012 2013
20%
40%
100%
80%
60%
0%
State Appropriations as a percent of Total Higher Education Budget
50.8%39.9% 39.5%
202014
38.7%
74.2%
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Record Enrollment
177,385
186,067
Academic Year 2008
Academic Year 2013
Tuition and Mandatory Fees
5%5.8%
2010 2011
Tuition and Mandatory Fee Increases in 2009 – 2013
0%2009
5.2%
2012
22
4.7%
2013
California 72%
5 – year Change in Public Four Year College Tuition
and Fees
Washington 64%
Arizona 78%
Source: College Board: Average Published Tuition and Fees by State 2004-05 through 2012-13
Florida 67%
Georgia 63%
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Nationally, Oklahoma is Ranked:
• 8th in Higher Education Efficiency
• 7th in College Affordability
• 19th in STEM Job Growth
Source: “Enterprising States” – A Project of the US Chamber of Commerce and the National Chamber Foundation
ENTERPRISING STATES
“According to the report, Oklahoma places 8th in Nation on the list of States with the lowest student debt.”
The Project on Student Success – Institute for College Access and Success
Student Debt Report
Oklahoma is 21% below the national average in student debt.
25
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“Over the Last Two Decades, the United States has declined in Degree Completion From 1st in the
World to 16th in the World”Organization for Economic Cooperation
and Development
Korea Canada Japan Russia Ireland Norway New Zealand
United Kingdom
Australia DenmarkLuxembourg France Israel Belgium Sweden USA
COMPLETE COLLEGE A M E R I C A
Transform Remediation
Strengthen Pathways to College Degrees
and Certificates
COMPLETE COLLEGE
AMERICAThe Oklahoma Plan
RewardPerformance
Increase Adult Degree
Completion
Focus On College
Readiness
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COMPLETE COLLEGE
AMERICA30,500
Goal 1,700
50,900
2011 2012 2023
2,945
GOODNEWS
Oklahoma Public Higher Education: Economic and Social Impacts
H I G H E R E D U C A T I O N R E P O R T
RESEARCH FOUNDATION
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Battelle Findings on the Economic Impact of Oklahoma Higher
Education
H I G H E R E D U C A T I O N R E P O R T
• Public higher education has an impact of $9.22 billion on the state’s economy annually and supports more than 85,000 Oklahoma jobs;
• The estimated return on investment for public higher education is $4.72 for every $1.00 of state funding;
• Public universities have a strong and flourishing presence in advanced research, conducting $360 million in annual research and growing their research volume at a pace that exceeds the national growth rate.
• For every $1 in state funding, public universities attract an additional $2.24 in federal funding.
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FallinForBusiness.com
Perceptions of Oklahoma’s Business Climate
“The Quality of our two/four year college and university system”
#1 Business Climate Strength in the State
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FallinForBusiness.com
Highest Ranked Business Climate Factors
87% 76%76% 74% 74%
Quality of 2/4 yearCollege/University
system
Access to supplies
required to conduct business
Career-TechSystem
Preparationfor the
workplace
Affordable housing options
for employees
Recreationalopportunities
Perceptions of Oklahoma’s Business Climate
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Jobs and ProsperityOklahoma’s Road to
HIGHER EDUCATION: