FAEOPP:Florida Higher Education At a GlanceFLORIDA COLLEGE ACCESS NETWORK

About the Florida College Access Network

Our Mission: To create and strengthen a statewide network that catalyzes and supports communities to improve college and career readiness, access, and completion for all students.

Our Vision: At least 60% of working-age Floridians will hold a high-quality post-secondary degree or credential by the year 2025.

Florida CAN’s Guiding Values College is postsecondary education

College readiness is career readiness

College is for everyone

College is a public good

Reaching Goal 2025 will require collective action

Why 60%...? Recent reports on the economy and workforce requirements project future job openings will disproportionately favor those who have some form of postsecondary education or training.

Georgetown University’s Center on Education and the Workforce predicts by 2020, 65 percent of jobs in Florida will require a postsecondary education.

When did the “Era of Attainment Agenda” begin?

Where are we now?

Florida’s degree attainment rate by county

The economic benefits of postsecondary education and training for Floridians

$21,821Less than HS Diploma

$28,478High School Diploma

$38,006PSAV Certificate

$62,737Associate’s Degree

$68,527Bachelor’s Degree

$103,232Master’s Degree or Higher

Other economic and societal benefits of postsecondary education and training

Lower unemployment rates

Higher job satisfaction

Higher participation in pension plans

More likely to receive employer-provided health insurance

Lower poverty rates

Healthier lifestyles

More involvement in their children’s education

Higher levels of civic involvement, voting, and volunteerism

Higher education in Florida High School Graduation Rates New K-12 standards, assessments and school accountability system

College-going rates

Earning Early College Credits

Graduation Rates

Other trends…

Florida Goals for Increasing High School Graduates Who Earn College Credit

High School Graduation Rates

White

Black

Hispanic

Asian

Am. Indian

Multira

cial

SWD FR

LELL

Migra

nt

Female

Male

Total30%

40%

50%

60%

70%

80%

90%

100%

Black; 64.60%FRL; 67.01%

ELL; 57.50%

Female; 79.68%

Male; 71.61%

Total; 76.00%

2010-20112011-122012-13

College Going Rates

White

Black

Hispanic

Asian

Am. Indian

Multira

cial

SWD FR

LELL

Migra

nt

Female

Male

Total30%

35%

40%

45%

50%

55%

60%

65%

70%

75%

White; 58%

Black; 54%

Hispanic; 59%

Asian; 69%

Am. Indian; 61% Multiracial; 59%

SWD; 43%

FRL; 52%

ELL; 52%

Migrant; 44%

Female; 62%

Male; 53%Total; 58%

2008-092009-20102010-2011

Early Success in College

White

Black

Hispanic

Asian

Am. Indian

Multira

cial

SWD FR

LELL

Migra

nt

Female

Male

Total30%

40%

50%

60%

70%

80%

90%

White; 68%

Black; 54%

Hispanic; 62%

Asian; 81%

Am. Indian; 61%

Multiracial; 64%

SWD; 47%

FRL; 56%ELL; 62%

Migrant; 56%

Female; 68%

Male; 60%

Total; 68%

2007-082008-092009-2010

Grad Rates at SUS Institutions

FAMU FAU FGCU FIU FSU NCF UCF UF UNF USF UWF SYSTEM10%

20%

30%

40%

50%

60%

70%

80%

90%

FAMU; 41% FAU; 41%

FGCU; 44%

FIU; 52%

FSU; 77%

NCF; 66% UCF; 67%

UF; 87%

UNF; 50%

USF; 64%

UWF; 42%

SYSTEM; 69%

TotalNo PellPell

#’s of High School Graduates

2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

30.00%

35.00%

40.00%

45.00%

50.00%

55.00%

60.00%

2003-04; 1,158,800 2012-13; 1,576,720

2003-04; 2,598,772 2012-13; 2,692,162

2003-04; 44.59%

2012-13; 58.57%

Low-incomeTotal Membership% FRL

The affordability gap in Florida Families in Florida want their children

to attend college…

88% of survey respondents with children under 18 believe their child

will go to college

…but aren’t sure if they can afford it

31% of survey respondents agreed that college in Florida is affordable

44% said they have no money saved for child’s college education

University of Florida, Center for Public Issues Education (2013)

Why income is important…Over 58% of students enrolled in Florida public schools are eligible for free or reduced-price

lunches…

…but only about 30% of the state’s financial aid dollars are based on aid

Changes to the Bright Futures scholarship raising SAT/ACT eligibility scores are projected to reduce almost $30 million in aid to over 18,000 12th graders in one year alone

The Florida Board of Governors estimated 10,000 students in Florida received need-based aid who would not have otherwise applied for it when the FAFSA was required for Bright Futures,

which was repealed last session

During the 2011-12 academic year, our state processed 122,632 state aid applications, 30,000 more than FAFSAs

FAFSA Completion Rate thru 4-11-14

FAFSA Completion Rate thru 4-11-14

BRIGHT FUTURES!!!

Test scores, economic changes, affordability, federal investigation!

in millions ($)

Beyondeducation.org

Key FindingsGraduates with an associate in science (A.S.) degree have median earnings that

are more than $11,000 higher than graduates with bachelor’s degrees and almost $20,000 higher than graduates with A.A. degrees who are in the labor

market.

There is variation in the median earnings of graduates with bachelor’s degrees from less than $30,000 at Florida Agricultural and Mechanical (A&M) University

to more than $36,000 at Florida International University.

Beyondeducation.org

Why income is important…Borrowing for higher education used to be rare…

$1,000,000,000,000+Floridians owe about $46.5 billion of this debt

In Florida, 51% of students graduate with an average $23,054 of debt

Amount received in student loans by full-time freshmen:

$3,161 ($1,520 in 2007-08)

1 in 6 Florida borrowers defaults on their loans, 10th highest in the nation

What we’re doing to increase degree attainment

DATA!

Florida College Access Network’sCore Metrics

College and Career Readiness: Are they ready?◦ Students’ aspirations for college◦ Complete standard high school diploma◦ Meet college-ready benchmarks on college preparatory exams◦ Performance in accelerated curricula

College Access and Affordability: Can they pay for it?◦ Eligibility for state scholarships◦ College-going rates of high school graduates◦ Financial preparedness for postsecondary opportunities◦ University/college access rate

2011 2012 2013 20140

1

2

3

4

5

6

Florida College Access Network’sCore Metrics (cont.)

College Performance: How are they doing?◦ Early credit accumulation◦ College graduation rates

Adult Access and Completion: What about working adults?◦ Adults with some credit but no degree◦ Adult access to postsecondary opportunities

Workforce and Economic Outcomes: Does it pay off?◦ Median first-year earnings◦ Graduate placement

College Attainment: Are we making progress toward the Big Goal?◦ Adults with a postsecondary credential◦ Young adults with a postsecondary credential 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Florida College Access & Success Summit

Save the Date!October 16th, 2014

Tampa, FL

Our work is possible thanks to the generous contributions of our funding partners

Helios Education University of South Foundation Florida

Thank you!

Thank you!