How Economic Justice Can Create Economic Prosperity: The Year Up Model.

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How Economic Justice Can Create Economic Prosperity: The Year Up Model

Transcript of How Economic Justice Can Create Economic Prosperity: The Year Up Model.

Page 1: How Economic Justice Can Create Economic Prosperity: The Year Up Model.

How Economic Justice Can Create

Economic Prosperity:

The Year Up Model

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• More than 40% of public high school students who manage to graduate are unprepared for either college courses or anything beyond an entry-level job

• Less than 10% of low-income individuals ever earn a college degree

• By 2035 the United States will be a majority minority country

• 40% of all jobs in the US require the use of technology and on average pay 45% more than jobs that do not require the use of technology

• The minimum wage is not a livable wage in most American cities

• By 2015, 8 out of 10 jobs will require some form of post-secondary education

Overview of Year Up: The Opportunity Divide

The “livable wage” job market is increasingly demanding

higher levels of skill from its workforce

The “livable wage” job market is increasingly demanding

higher levels of skill from its workforce

The country’s fastest growing demographic groups

are receiving the least amount of education

The country’s fastest growing demographic groups

are receiving the least amount of education

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4.4M disconnected young adults, of

which 1.7M have graduated from high school or obtained a GED, but remain out of work and out of school

Roughly half of the 1.7M live in the top 30 metropolitan areas in the US

Note: “Disconnected” defined as not in school, not employed or in the military and no education beyond high school

Year Up works exclusively with low-income, at-risk 18 to 24 year olds

Overview of Year Up: The Effect on our Society

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Overview of Year Up: Our Mission

Year Up’s mission is to close the Opportunity Divide by providing urban young adults with skills, experience, and support that will empower them to reach their potential through professional careers and higher education.

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Overview of Year Up: Year Up’s Theory of Change

SupportEducational

Stipend

Mentors

Staff Advisors

Experience

Paid Corporate InternshipStaff Support

GuidanceContract

Customized transition to

work/college

Education

Technical and Professional Skills

College Credit

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2011

Snapshot: Student Growth

2001

2006

2005

2004

2002

2003

2007

2008

200

400

600

800

Students Served by Year

22 3090 12

0

205

352

506

628

2009

793

Founding Class

2010

1014

6

1200

1362

1400

1000

0

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Snapshot: Our Results

4,413 students served

100% placement of qualified students into internships

95% of interns meet or exceed expectations of internship partners

84% of alumni employed or enrolled in college full-time within four months of graduation

Average starting graduate salary of $30,000

A randomized controlled study proved that Year Up

graduates earned an average of 30 percent more than non-participants of the program

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Three Strategies 2012-2016: $55 Million

Grow and Strengthen

the Core

Develop the Million-

Person Model

Create Systems Change

Grow and Strengthen our core model to serve 2,500 students annually

Design alternative program models that can scale to serve 100,000 students annually

Continue our efforts to change systems at the national and local levels

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Questions?

empowering urban empowering urban talent to reach their talent to reach their potentialpotential