tulsa regional chamber state of education foundation, svp & chief strategy officer...
TRANSCRIPT
Tulsa Regional Chamber State of Education
July 25, 2019
Danette G. Howard, Ph.D.Lumina Foundation, SVP & Chief Strategy Officer@danettehoward16
Goal 2025
Increase the proportion of Americans withhigh-quality postsecondary credentials
to 60 percent by the year 2025.
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No college36%
Graduate or professional11%
Bachelors24%
Associate12%
Some college,no degree
18%
55 million jobs available by 2020; 60% will require postsecondary education
Source: Georgetown Center for Education & the Workforce
99% of jobs created since the recession went to workers with some PS education.
47.1%
30.8%
26.7%
62.7%
24.5%
0%
10%
20%
30%
40%
50%
60%
70%
White African-American Hispanic Asian American Indian
Degree Attainment Rates among US Adults (25-64) by Population Group, 2017
Average 41.7%
We Must Reach the Goal with Equity And Quality
Launch Oklahoma
70% of Oklahoma’s residents ages 25-64
will complete a postsecondary degree, certificate or credential
by 2025.
38.1%
26.9%
16.9%
49.4%
25.9%
0%
10%
20%
30%
40%
50%
60%
White African-American Hispanic Asian American Indian
US Adults (25-64) by Population Group, 2017
Average: 34.8%
Degree Attainment in Oklahoma, by Race & Ethnicity
Correlation between
Attainment & Income in OK
Tennessee – Two Years After High School Graduation
71,403 Students2008 Cohort of High School Freshmen
9,089 students did
not graduate from high school
22,444 students graduated from high school and
entered the workforce and earn an average salary of
$9,161 annually
39,748 students enrolledin postsecondary.
75 percent were still enrolled in one year (or
26,149 of the 34,691 who enrolled immediately
after graduation).
1,811** had completed a certificate or degree
within two years.
Today’s Students
•49% financially independent•24% are parents•31% < federal poverty guideline
•34% older than 25•40% work full-time•45% are students of color•37 million SCND
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Supporting a RedesignedHigher Education System that
serves Today’s Students
Worker-Learner Model
Demographic Shifts in Workforce
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Source: Wilson, V. People of Color will be a majority of the American working class in 2032. Economic Policy Inst., 2016.
2032
Demographic Shifts in Workforce
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Source: Wilson, V. People of Color will be a majority of the American working class in 2032. Economic Policy Inst., 2016.
2021
16Source: Racial Differences on the Future of Work. Joint Center for Political and Economic Studies. 2019.
Discover’s Tuition Reimbursement/College Commitment Program (2010-2013)
• ROI of 144%• Promotions + 21%• Wage increases +41%• Total savings - $10.9 million
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WALMART ACADEMY
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What can you do?1. Offer paid internships2. Swap tuition remission for tuition reimbursement3. PS and employer partnerships to validate training
and apply toward credential4. Short-term, non-degree credentials to serve as 1st
credentials
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ResultsColumbus, IN
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