Commissioner Presentation to Utah Student Association
25
Utah Higher Education Utah Higher Education February 18, 2010 February 18, 2010 Bill Sederburg, Commissioner of Higher Education Bill Sederburg, Commissioner of Higher Education Joseph Watkins not Tiger Woods
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Transcript of Commissioner Presentation to Utah Student Association
Utah Higher EducationUtah Higher EducationFebruary 18, 2010February 18, 2010Bill Sederburg, Commissioner of Higher EducationBill Sederburg, Commissioner of Higher Education
Joseph Watkins not Tiger Woods
AgendaAgendaIntroduction to USHE
The Economic Argument
Current Status
Introduction
3
18 Regents18 Regents
University University NetworkNetwork
Utah Higher Utah Higher Education Education Assistance Assistance AuthorityAuthority
Utah Utah Educational Educational Savings PlanSavings Plan
CommissionCommissionerer
Senate Senate ConfirmsConfirms
Network Coordinated by Regents &
Commissioner’s Office
Network Coordinated by Regents &
Commissioner’s Office
5
Lowest default rate in the nation
96,000 loans granted July-Dec. 2009
One of nation’s best 529 plans
Over $3 billion in assets
College prep message to 8th grade
Involves volunteers from business
It’s generally understood…
6
Personal AND statewide economic success directly correlate to educational attainment
Educational Attainment and Income
AK
AR
DE
GA
HIIL
IN IAKS
LAME
MDMA
MTNE
NV NJNY
NC ND
OHOK
ORPARI
SCSD
VT
VAWA
AL
CA
CO
CT
FL
IDKY
MI MN
MS
MONH
NMTN
TX
UTWV
WI
WY
$15,000
$22,000
$29,000
$36,000
$43,000
$50,000
10 15 20 25 30 35 40 45
AZ
Pers
on
al In
com
e P
er
Cap
ita
Percent of Adults Age 25-64 with Bachelor’s Degrees
1980
Correlation = 0.64
Source: U.S. Census Bureau, Decennial Census’ and American Community Survey
US
8
Educational Attainment and Income
$15,000
$22,000
$29,000
$36,000
$43,000
$50,000
10 15 20 25 30 35 40 45
Pers
on
al In
com
e P
er
Cap
ita
Percent of Adults Age 25-64 with Bachelor’s Degrees
1990
Correlation = 0.76
AK
AR
DE
GA
HI
IL
IN IAKS
LA
ME
MD MA
MT
NE
NV
NJNY
NCND
OH
OK
OR
PA RI
SC SD
VT
VAWA
US
AL
CA
CO
CT
FL
IDKY
MI
MN
MS
MO
NH
NM
TN TX
UTWV
WIWYAZ
Source: U.S. Census Bureau, Decennial Census’ and American Community Survey
9
Educational Attainment and Income
$15,000
$22,000
$29,000
$36,000
$43,000
$50,000
10 15 20 25 30 35 40 45
Pers
on
al In
com
e P
er
Cap
ita
Percent of Adults Age 25-64 with Bachelor’s Degrees
2000
Correlation = 0.80
PAAK
AR
DE
GA HI
IL
IN IAKS
LA
ME
MD
MA
MT
NE
NV
NJ
NY
NC
ND
OH
OK
ORRI
SCSD
VT
VAWA
US
AL
CACO
CT
FL
IDKY
MI
MN
MS
MO
NH
NM
TN
TX
UTWV
WI
AZ
WY
Source: U.S. Census Bureau, Decennial Census’ and American Community Survey
10
Educational Attainment and Income
$15,000
$22,000
$29,000
$36,000
$43,000
$50,000
10 15 20 25 30 35 40 45
Pers
on
al In
com
e P
er
Cap
ita
Percent of Adults Age 25-64 with Bachelor’s Degrees
2005
Correlation = 0.83
WITX
NM
NC
AK
AZ
AR
DE
GA
HIIL
IN IAKS
LA
ME
MDMA
MT
NE
NV
NJ
NY
NDOH
OK
OR
PA RI
SC
SD VT
VA
WAUS
AL
CACO
CT
FL
IDKY
MI
MN
MS
MO
NH
TN
UTWV
WY
Source: U.S. Census Bureau, Decennial Census’ and American Community Survey
Findings
Increasing relationship (.6 to .83) Spreading out among the states Little change in data for Utah
Economic Impact Educate workers of the future for “careers” Liberal arts education + career pathways All USHE institutions
The “X Factor”
X Factor in Economic Development
The building the “talent force” not just workforce
Ability to communicate Ability to analyze situations Ability to development “social intelligence”
In essence: A well rounded person with a liberal education!
State Budget Challenges
Positioning Utah for the Future
“Do more with less?”
Fiscal year 2010 budget gaps
Simple Explanation: Economic Situation
FY 2010 FY 2011 FY 2012
FY 09
-17% Base
8% ARRA1 Time
-3%Leg. action
Final Cut of 12%
98% Base
5% Cut
Leg. Leadership
Govs. Budget
$93 M
Starting Point FY 11
Depth depends on economy
High stakes debate!
$93,000,000University of Utah: $31 mil.Utah State: $20 mil.Weber State: $9 mil.Southern Utah: $4 mil.Snow: $3 mil.Dixie State: $3 mil.Eastern Utah: $2 mil.Utah Valley: $8 mil.Salt Lake Community $8 mil.
Pass-through programs $5 mil.(scholarships, financial aid,students assistance, etc.)
What is impact of $93 million cut?
Absorbed enrollment increases
Fall 2008 +11,896 students Fall 2009 +12,632 students
Total new students +24,528 students
Total Headcount* Budget-related FTE**
USHE Institution 2009 2010 Change % 2008 2009 Change %
University of Utah 29,251 30,429 1,178 4.03% 22,328 23,413 1,085 4.86%
Utah State University 21,866 23,229 1,363 6.23% 14,612 15,553 941 6.44%
Weber State University 19,347 20,953 1,606 8.30% 11,115 12,265 1,150 10.35%
Southern Utah University 7,395 7,448 53 0.72% 5,426 5,802 376 6.93%
Snow College 3,541 3,851 310 8.75% 2,281 2,819 538 23.59%
Dixie State College 6,052 7,693 1,641 27.12% 4,144 5,261 1,116 26.93%
College of Eastern Utah 1,790 2,135 345 19.27% 1,223 1,488 265 21.67%
Utah Valley University 23,214 26,322 3,108 13.39% 14,969 17,278 2,309 15.43%
Salt Lake Community College 25,832 29,332 3,500 13.55% 13,832 16,043 2,211 15.98%
USHE Total 138,288 151,392 13,104 9.48% 89,931 99,922 9,991 11.11%
Utah System of Higher EducationTotal Enrollment Spring 3rd Week
2010
State Funding for Higher Education (FY 2000 to FY 2010)
24%24%
53,000 new students
State Tax Funds Increased 24% in 10 years
Reaching the Tipping Point
22
Cuts have consequences Support Governor’s Proposal
Restores latest cut Replaces this year’s $61
million with one-time
Impact on Students
Availability of classes Delays in graduation
Full time faculty Mentoring &
Engagement Advising
Setting a career path Access
Tuition & Fees Quality
Great things continue!
24
Absorbing 24,000 students Keeping tuition low USTAR
Regional initiatives Easy transferability of credit Collaborative efforts
General education Lumina Tuning Project
Utah is efficient Fewest dollars spent per 4-year
degree of any state. Estimated $1,300 less state money
per student since 2008.
Conclusion
Institutions and their faculty are doing a great job responding to:
Budget Cuts Enrollment Increases Demand for services
Students need to be engaged in the debate
A sincere thank you!
