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How Economic Justice Can Create Economic Prosperity: The Year Up Model

How Economic Justice Can Create Economic Prosperity: The Year Up Model. Overview of Year Up: The Opportunity Divide. The country’s fastest growing demographic groups are receiving the least amount of education.

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How Economic Justice Can Create Economic Prosperity: The Year Up Model

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  1. How Economic Justice Can Create Economic Prosperity: The Year Up Model

  2. Overview of Year Up:The Opportunity Divide The country’s fastest growing demographic groups are receiving the least amount of education The “livable wage” job market is increasingly demanding higher levels of skill from its workforce • More than 40% of public high school students who manage to graduate are unprepared for either college courses or anything beyond an entry-level job • Less than 10% of low-income individuals ever earn a college degree • By 2035 the United States will be a majority minority country • 40% of all jobs in the US require the use of technology and on average pay 45% more than jobs that do not require the use of technology • The minimum wage is not a livable wage in most American cities • By 2015, 8 out of 10 jobs will require some form of post-secondary education

  3. Overview of Year Up:The Effect on our Society 4.4Mdisconnected young adults, of which 1.7Mhave graduated from high school or obtained a GED, but remainout of work and out of school Roughly half of the 1.7Mlive in the top 30 metropolitan areas in the US Note: “Disconnected” defined as not in school, not employed or in the military and no education beyond high school Year Up works exclusively with low-income, at-risk 18 to 24 year olds

  4. Overview of Year Up:Our Mission Year Up’s mission is to close the Opportunity Divide by providing urban young adults with skills, experience, and support that will empower them to reach their potential through professional careers and higher education.

  5. Overview of Year Up:Year Up’s Theory of Change Support Educational Stipend Mentors Staff Advisors Education Technical and Professional Skills College Credit Experience Paid Corporate Internship Staff Support Guidance Contract Customized transition to work/college

  6. Snapshot:Student Growth 1400 1362 Students Served by Year 1200 Founding Class 1014 1000 793 800 628 600 506 352 400 205 200 120 90 30 22 0 2010 2009 2001 2002 2003 2004 2005 2006 2007 2008 2011 6

  7. Snapshot: Our Results 4,413 students served 100% placement of qualified students into internships 95% of interns meet or exceed expectations of internship partners 84% of alumni employed or enrolled in college full-time within four months of graduation Average starting graduate salary of $30,000 A randomized controlled study proved that Year Up graduates earned an average of 30 percent more than non-participants of the program

  8. Three Strategies 2012-2016: $55 Million Grow and Strengthen the Core Grow and Strengthen our core model to serve 2,500 students annually Develop the Million-Person Model Design alternative program models that can scale to serve 100,000 students annually Create Systems Change Continue our efforts to change systems at the national and local levels

  9. Questions? empowering urban talent to reach their potential

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