Higher Education, Diversity

and PNC College Bound

James B. DworkinChancellor

November 29, 2005

Mean Earnings by Degree Level - Adjusted to 2001 $ Dollars (Using the Consumer Price Index)

Source: US Census Bureau, Bureau of Labor Statistics

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001

Less than High School

High School Diploma

Some College/Associate Degree

Bachelor’s Degree

Graduate/Professional Degree

Figure 1

Shares of US Population (25 to 64 Year Olds) by Race/Ethnicity from 1980 to 2020

Source: US Census Bureau, Public Use Microdata Samples (Based on the 1980, 1990, and 2000 Census’) and US Population Projections Based on 2000 Census)

Figure 2

WhiteAfrican-AmericanHispanic/LatinoNative American/AK Native*Asian/Pacific Islander

Actual Projected

0.6%0.7%

0.8%1.7%

4.1% 6.0%

10.2% 11.4%

13.2%

5.7%

11.6%17.4%

81.9%

72.1%

62.5%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1980 1990 2000 2010 2020

* Native American/AK Native Projections Based on 1990 Census

Educational Attainment of the US’ Young Workforce (Ages 25 to 34) Indexed to the Most Educated Country - 2000

Sources: US Census Bureau, Public Use Microdata Samples (Based on the 2000 Census), Organisation for Economic Co-operation and Development (OECD)

FemalesMales

White

FemalesMales

African-American

FemalesMales

Hispanic/Latino

FemalesMales

Native American/AK NativeLEGEND

FemalesMales

Asian/Pacific Islander

0.8

0.9

0.4

0.5

0.3

0.40.3

0.4

1.2 1.2

0.9

1.0

0.4

0.5

0.3

0.4

0.3

0.3

1.61.5

0.0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1.8

Norway Canada

Bachelor’s Degree or Higher All College Degrees (Associates or Higher)

US Index = 0.86US Index = 0.77

Figure 17

Transition and Completion Measures from High School to College Completion - 2000

Source: National Center for Education StatisticsNote: Data not available for Native Americans and Asians

Figure 18

74.6%

64.2%

30.7%

57.1%

49.4%54.6%

23.0%

38.1%

52.6% 51.7%

26.6%

44.7%

0%

20%

40%

60%

80%

Graduate from High Schoolon Time

Recent High SchoolGraduates that Go Directly

to College

Three-Year GraduationRates of Associate Students

Six-Year Graduation Rates ofBachelor's Students

White African American Hispanic

Percent of Degree-Seeking First-Time Freshmen Graduating within 150% of Program Time by Race/Ethnicity - 2002

Source: National Center for Education Statistics, IPEDS Graduation Rate Survey 2002

White African-American Hispanic/Latino Native American/AK Native Asian/Pacific Islander

57.1

38.1

44.7

37.0

62.7

30.7

23.026.6

24.9

30.1

0%

10%

20%

30%

40%

50%

60%

70% Six-Year Graduation Rate of Bachelor’s Students Three-Year Graduation Rate of Associate Students

Figure 20

Difference in Earnings Between a High School Diploma and a College Degree (1999) 25 to 64 Year Olds Working 35 or More Hours Per Week

Source: US Census Bureau, Public Use Microdata Samples (Based on the 2000 Census)

White African-American Hispanic/Latino Native American/AK Native Asian/Pacific Islander

$7,432 $6,903

$8,434

$4,961

$9,056

$24,681

$15,790$17,156

$15,341

$21,054

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000 Annual Earnings Gained from High School to an Associate Degree

Annual Earnings Gained from High School to a Bachelor’s Degree

Figure 23

FIGURE 5 – The percentage of the working-age population (ages 25 to 64) with a bachelor’s degree or higher has increased for all racial/ethnic groups, but the gaps between the groups have widened.

FIGURE 7 – If current educational gaps remain, there will likely be a substantial increase in the percentage of the workforce with less than a high school diploma – and declines in the higher levels of education completed.

Share of Population (ages 25 to 64)

Projected to Attain the Following Educational Levels

What is PNC Doing to Help?

PNC COLLEGE BOUND

PNC College Bound

• Partnership between PNC and the Michigan City Area Schools.

• Students who complete this program, if admitted to a baccalaureate degree program at PNC, will receive a full scholarship to attend classes here.

• First class of 8th graders selected this year.

PNC College Bound Sponsors

• Horizon Bank• Sullair

Corporation• NIPSCO• City Savings Bank• South

Shore/South Bend Railroad

Students Visit to Sullair Corporation

Watch for Announcement

At Martin Luther King Day

Celebration Breakfast

On Monday,

January 16, 2006!

QUESTIONS ? ? ? ?