Educational Attainment Task Force Idaho Workforce Development Council August 13, 2012
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Transcript of Educational Attainment Task Force Idaho Workforce Development Council August 13, 2012
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Educational Attainment Task ForceIdaho Workforce Development Council
August 13, 2012
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CCI Plan
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Complete College Idaho
Talent(Skilled
Workforce)
Economy(Project60)
Innovation(IGEM)
Key Strategies1. Strengthen the Pipeline2. Transform Remediation3. Structure for Success4. Reward Progress & Completion5. Leverage Partnerships
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Strengthen the Pipeline
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Transform Remediation
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Structure for Success
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Reward Progress & Completion
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Leverage Partnerships
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60% GOALRefining the
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More Education Results in Higher
Earnings
Less than HS
HS Diploma
Some college, No Degree
Associates Degree
Bachelor's Degree
Master's Degree
Doctoral Degree
Professional Degree
1,000,000 2,000,000 3,000,000 4,000,000
973,000
1,304,000
1,547,000
1,728,000
2,268,000
2,671,000
3,252,000
3,648,000
Lifetime Earnings by Highest Educational At-tainment, 2009 Dollars
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The Premium For Getting A College Degree Has Grown In the Last Thirty Years Because of Rising Demand For
College-Level Skills
1915 1940 1950 1960 1970 1980 1990 2000 20050%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
89%
65%
37%
49%
59%
48%
66%
78%81%
College Wage Premium Over High School, 1915-2005
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Demand for Certificates and Degrees is not Keeping Up
Almost 20% gap
Supply
Demand
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25 to 34 Year Olds
With…ND CO SD WA MT UT HI ID
Top WICHEStates’
Average
WICHEAve.
Associate or higher 50% 44% 42% 41% 39% 39% 39% 31% 42% 38%
Some College, No Degree
26% 24% 24% 25% 27% 29% 27% 30% 26% 27%
Associate Only 15% 8% 13% 10% 11% 10% 10% 9% 11% 10%
Bachelor Only 27% 27% 24% 22% 25% 23% 22% 18% 24% 21%
IdahoAspiring Higher
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7% Certificates of one year or >2,355 per year
19% Associate’s Degrees7,455 per year
34% Bachelor’s Degrees or >9,745 per year
By 2020
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Goal-Related Findings
23%Out-Migration
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Certs 2,355 1,342Assoc 7,455 4,249BS 9,745 5,555
Becoming a Net Importer by 2020
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REMAINING 40% OR 88,200
Addressing the
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1.07 MILLION
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Educational Attainment Taskforce
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Questions