state university system of florida board of governors november 6, 2014
TRANSCRIPT
Our Work
4
Develop Fact-Based Growth
StrategiesShape the Debate
Advocate for Public Policy
Champion Initiatives
5
Strategic plan for the state• Holistic• Long-termSets parameters for our work
Michigan Turnaround Plan
7
Engineering Talent Location
Auto Industry Natural Resources
Health & Medical Expertise Colleges & Universities
Michigan Turnaround Plan
Getting to Top Ten:The Role of Higher Education
8
Higher Education
MarketplaceTalent Production Economic Impact
9
41st
Per CapitaState Support
6th
Highest Tuition
Michigan went from Top
Ten to Bottom Ten in college
affordability in a decade.
Talent Production:Affordability
10
By 2022, fund Michigan’s universities at a level comparable to Top Ten states
Base funding on output performance
compared to national peers
Provide greater transparency on
input metrics
Grow out-of-state enrollments (without
reducing in-state access) to fill talent
gap & diversify revenues
Talent Production:Our Proposal
11
Metrics
• Critical skill degrees• R&D• 6 year graduation rate• Total degrees• Institutional support• Pell grants
Methodology
• Carnegie peers
Talent Production:Our Proposal
12
Public•Low value placed on higher education •Lack of awareness of cost shift
Legislature
•Perceived out of control costs•Too many colleges?•Question importance of more degrees
Colleges
•Variable performance•Variable relationships•Few external champions
Talent Production:Challenges We Face
13
Business
•Inform•Increase transparency•Advocate
Universitie
s
•Control costs•Strengthen relationships•Activate supporters•Demonstrate impact
Talent Production:How We Went to Work
Economic Impact:How We Went to Work
21
Business
•Grow VC•Grow internships•Expand research partnershipsUnive
rsities
•Promote entrepreneurship•Make economic development a priority
Results to Date
22
Secured nearly 100% media support Increased public support by 25% Stopped decade of budget cuts Adopted performance-based funding system Increased state appropriations 2X national average
over last three years Out-of-state enrollments up without political push-
back Economic impact growing
Looking Forward
23
3 years into a decade-long effort Develop a long-term vision for higher education in
Michigan Collaboration Funding Public trust Alignment between curricula & jobs Growing enrollments & graduates