Meeting the “Big Goal” Through I d P d ti itIncreased Productivity

James L. ApplegateSenior Vice PresidentSenior Vice President

L i F d i f Ed i

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Lumina Foundation for Education Big Goal

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Lumina Foundation for Education3

Lumina Foundation for Education Big Goal

Our Big Goal is to increase the percentageOur Big Goal is to increase the percentage of Americans who hold high‐quality 

degrees and credentials to 60 percent bydegrees and credentials to 60 percent by 2025. 

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Why is the Big Goal Important?

College a prerequisite to a middle‐class life

Key to an strong/equitable democracy

Important to global competitiveness

The U.S. economy is at risk

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Why is the Big Goal Important?

By 2018, 30 million new and replacement j b ill i t l t lljobs will require at least some college.

By 2018, 73 million jobs will require atBy 2018, 73 million jobs will require at least an associate’s degree.

Th ill b ffi i t j b d d tThere will be sufficient job demand to meet Lumina’s goal; however, there will be t f l ith AA t t d dtoo few people with AAs+ to meet demand.

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What Indiana Must Do 

A Stronger Nation Through Higher Educationg g g

www.luminafoundation.org

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Lumina’s Strategic Plan: Goal 2025

Three Critical Outcomes

Preparation. Students are prepared academically, financially and socially for success in education beyond high school.

Success. Higher education attainment rates are improved significantlysignificantly. 

Productivity. Higher education productivity is increased to expand capacity and serve more students.

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Outcome 1: Improve Productivity of Existing Systems14

Outcome 1: Improve Productivity of Existing SystemsSTRATEGIES

1. Create, pilot & implement funding approaches that reward increased degree production, especially for low-income, minority & adult students.

2. Promote the use of technology to increase capacity & student success while containing costs.

3. Analyze spending, contain costs & reinvest resources in programs that help more students earn quality degreesin programs that help more students earn quality degrees.

4. Create transparent learning expectations aligned with workforce needs and ensure that students meet thoseworkforce needs and ensure that students meet those expectations.

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Connecting Preparation Success and15

Connecting Preparation, Success, and Productivity: Indiana’s Unique OpportunityP ti•Preparation

• Alignment (Achieve state, common national standards)

• Sustainable Support Networks (KH2Go)

• Affordability (21st Century Scholars, College Goal Sunday)

•SuccessAchieving the Dream• Achieving the Dream

• Accelerated Degrees

• Tuning USA (quality degrees)

• Data systems (IWIS)

•Productivity• Performance funding model leaderPerformance funding model leader

• 1 of 7 Lumina-funded “productivity” states

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Lumina’s Catalytic Approach

Effective PracticeEffective PracticePublic Policy AdvocacyPublic Will BuildingPublic Will Building

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