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Kentucky Postsecondary Education and Economic Development

Kentucky Postsecondary Education and Economic Development. Council on Postsecondary Education by Paul A. Coomes, Ph.D. Professor of Economics, and National City Research Fellow University of Louisville May 24 , 2004. Topics Today.

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Kentucky Postsecondary Education and Economic Development

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  1. KentuckyPostsecondary Educationand Economic Development Council on Postsecondary Education by Paul A. Coomes, Ph.D. Professor of Economics, and National City Research Fellow University of Louisville May 24, 2004

  2. Topics Today • Occupational outlook system for greater Louisville economy, linked to educational institutions • The problem: low educational attainment, low earnings per job • The true labor markets around Kentucky • Issues in building a system encompassing all of Kentucky

  3. Sort by Rate of Growth

  4. Sort by Net Growth

  5. Occupational details – O*NETnurses

  6. Occupational details nurse skill requirements

  7. County & Industry Info

  8. Occupation descriptiontruck drivers

  9. Outlook – Advanced Search

  10. Advanced Search

  11. High School/GEDHealthcare Support

  12. High School/GED or LessHealthcare Support

  13. High School/GED Health Practitioners and Technical

  14. The Problem Low levels of formal education, low wages and salaries

  15. United States 25.1 % college $36,400 earnings

  16. Louisville 14th, gained one rank in nineties

  17. enrollments peaked in 1991 with 53,463 enrollees, dipped to a low of 46,897 in 1996 and have been rising since.

  18. 7-county Metropolitan Statistical Area 1990-2000 and 23-county Louisville Economic Region

  19. In the academic year 2000-2001,eleven schools offered associate degrees or equivalent [yellow], three offered bachelor’s degrees only [blue], and eight schools offered bachelor’s, master’s, doctoral and/or first-professional [green]. Degree-granting Institutions Identified Within the Louisville MSA

  20. There are five colleges outside of the 7-county metro area but inside the 23-county economic region. We will track these schools as well, but they are not included in this analysis.

  21. Total Enrollmentsin Local Degree-granting InstitutionsAcademic Year 2000-2001 In Fall 2000, there were 51,207 students enrolled in degree-granting institutions in the Louisville metro area. Of this total, approximately 39% were enrolled at the University of Louisville, 19% at Jefferson Community College, and 13% at Indiana University (IU) Southeast. In total, 7 of 10 students enrolled went to these three institutions.

  22. Trends by Type of Degree • In the Louisville MSA, the number of associate’s degrees conferred are declining, while bachelor’s and master’s degrees earned are increasing.

  23. Occ Code • Occupation Title Job Level School 1 School 2 School 3 School 4 299099 Healthcare Practitioners and Technicians 3 156648 156471 156930 151041 319091 Dental Assistants 3 157289 319092 Medical Assistants 3 157793 151041 156930 157766 291071 Physician Assistants 4 156921 157766 291111 Registered Nurses 4 157289 156286 157757 156921

  24. Occ Code Occupation Title Job Level School 1 School 2 School 3 School 4 299099 Healthcare Practitioners and Technicians 3 156648 156471 156930 151041 319091 Dental Assistants 3 157289 319092 Medical Assistants 3 157793 151041 156930 157766 291071 Physician Assistants 4 156921 157766 291111 Registered Nurses 4 157289 156286 157757 156921

  25. Occ Code Occupation Title Job Level School 1 School 2 School 3 School 4 299099 Healthcare Practitioners and Technicians 3 156648 156471 156930 151041 319091 Dental Assistants 3 157289 319092 Medical Assistants 3 157793 151041 156930 157766 291071 Physician Assistants 4 156921 157766 291111 Registered Nurses 4 157289 156286 157757 156921

  26. The True Labor Markets Around Kentucky

  27. Issues in Developing Statewide System 1. Identifying true labor market boundaries

  28. New Definitions – 9 Metropolitan Statistical Areas containing 36 KY counties and 2.4 million residents

  29. New Definitions – 14 Micropolitan Statistical Areas containing KY counties

  30. New Definitions –23 Metropolitan and Micropolitan Statistical Areas containing 61 KY counties and 3.1 million residents

  31. Issues in Developing Statewide System 2. Identifying and tracking activity at relevant postsecondary institutions in each labor market Answer: IPEDS

  32. Issues in Developing Statewide System 3. Policy implications? • First: fact-based policy discussions • Track shortages, surpluses of programs in each labor market? • Consider more reciprocity/coordination across state lines, particularly along Ohio River? • Consider more coordination with private providers and/or college vouchers?

  33. for research reports, see http://monitor.louisville.edu

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