Slide 1

Higher Education in Colorado

Dr. Kim Poast, Associate Deputy Director- Access & Student ServicesNovember, 2011Higher Education at a GlanceColorado has over 470 institutions educating approximately 375,000 students:

-28 public institutions-3 area technical schools-over 100 private institutions-over 330 private occupational schools

2H.E, at a Glance, (cont)Colorados Public institutions Include 14 four-year institutions13 community colleges2 local district colleges3 area technical collegesWhich combined Support over 97,500 jobs in the StateContribute $4.25 billion in wages and salaries and almost $387 million in state and local taxes to the Colorado economy annually

We live in a state that is changing rapidlyOur population is growing, aging and becoming more diverseThe jobs available, and skills needed to fill them are shiftingWe are a state that has depended on in-migration to meet occupational demandsBy 2035, 45% of Colorados labor force will shift due to a combination of retirements and new demands. By 2018, it is projected that nearly 70% of jobs will require some form of postsecondary education- Colorado will be 5th in the nation in postsecondary need intensity

Higher education has key economic & social benefitsIncreases personal income and economic strengthIncreases workforce participation, health, productivity and dollars to the stateIncreases volunteerism, civic and artistic involvementDecreases rates of incarceration, unemployment, participation in Medicaid and other social service programsImproves job security and increased earning potential

Funding ...Higher Education FundingProjections for FY 12/13- GF (489M), Financial Aid (?-1/3 ?) Share Shifts: K12

Share shifts: Higher Education

The price has not dramatically changed, but cost has shifted

Tuition only

Tuition and state support comparison

As a proportion of household income

Funding per FTE- National Perspective

Colorado the MOST productive state in the nation

CO= 4.54 degrees/ $100,000

US = 2.57 degrees/ per $100,000Many students are not being served well (or at all)The ethnic achievement gap (2nd largest in the country)

Geographic and economic disparities

Students utilizing financial aid & student loans are on the riseFinancial aid history

Pell vs. Non-Pell graduating w/in 150%Students are leaking out of the educational pipeline...

And we have a preparedness problem ...Remediation rates by sector

CO remediation rates by ethnicity, 2008Graduation Rates for CC math students1662EnrollMAT 0301189CompleteMAT 0301031EnrollMAT 060761CompleteMAT 060591EnrollMAT 090409CompleteMAT 090220EnrollMAT 090137CompleteCollege Math61Graduate100%72%62%46%36%25%13%8%4%2908EnrollMAT 0602171CompleteMAT 0601562EnrollMAT 0901040CompleteMAT 090693EnrollMAT 090499CompleteCollege Math222Graduate100%75%54%36%24%17%8%2363EnrollMAT 0901604CompleteMAT 090833EnrollMAT 090603CompleteCollege Math275Graduate100%68%35%26%12%Math 090 Cohort:Math 060 Cohort:Math 030 Cohort:CCCS Report Success of Remedial Math Students in the Colorado Community College System: A Longitudinal Study, January 2009.29Statewide Access Programs ...College in Colorado ICAPCollege Search/ApplicationStatewide Access Outreach (College/High School)Scholarships for needy students ($750K)Loan Forgiveness for Counselor Corp ($60K)Bi-lingual hotlineCollege Access Challenge GrantFinancial Literacy/FAFSA

Colorado Gear Up/TRiOFAFSA completion/assistanceConcurrent EnrollmentOutreach (Middle/High School)Remediation Redesign/ Complete College AmericaK12/Higher Education AlignmentCAP4K/ PWR/ Endorsed DiplomaConcurrent Enrollment/ ASCENTASCENT began in Fall 2010Concurrent Enrollment