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On January 10, 2013, a report highlighted a significant decline in the U.S. degree completion rate, dropping from 1st to 16th globally. The data from the Bureau of the Census and Labor Statistics illustrates the clear link between education attainment and earnings, with higher degrees yielding substantial salary advantages. The Complete College America initiative aims to address these challenges with targeted strategies to improve college readiness and reduce remediation needs. This comprehensive plan emphasizes partnerships between K-12 and higher education to enhance student success and meet workforce demands.
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Complete College America January 10, 2013
The United States has declined in Degree Completion From 1st to 16th in the World
EDUCATION AND TRAINING PAY 140 80 0 20 40 160 100 60 120 0 5% 10% 15% PROFESSIONAL DEGREE $146,659 2.4 UNEMPLOYMENT RATE IN 2010 DOCTORATE DEGREE 1.9 $116,305 MASTER’S DEGREE 4.0 $87,913 BACHELOR’S DEGREE 5.4 $68,812 ASSOCIATE DEGREE ANNUAL SALARIES IN 2009 7.0 $49,835 SOME COLLEGE NO DEGREE $47,484 9.2 HIGH SCHOOL GRADUATE $39,937 10.3 LESS THAN HIGH SCHOOL $30,958 14.9 Source: Bureau of the Census; Bureau of Labor Statistics
Median Net Worth for Households By Education Attainment Source: US Bureau of the Census $300,000 $245,763 $200,000 $142,518 $100,000 $80,000 $60,000 $58,861 $43,580 $42,223 $40,000 $20,000 $7,270 $0 Graduate/Prof Degree Some College No Degree Associate’s Degree High School Only Bachelor’s Degree No High School Diploma
Workers with a high school diploma bore the brunt of the recession’s job losses. Job gains in the recovery are almost exclusively confined to those with education beyond high school. Source: Georgetown University Center for Education and the Workforce
COMPLETE COLLEGEAMERICA Increase in Annual Degree’s Earned Goal 20,400 students or 67% Increase 50,900 30,500 2011 2023
Complete College America A Plan for Increasing Postsecondary Credentialsto Fuel a Strong Economy
Focus on readiness • Higher education and K-12 will work together to: • Develop and implement a strategy that seeks to identify students not on target to be college-ready by graduation; • Target activities in the 11th and 12th grades to reduce remediation demands in the transition from high school to college.
Focus on readiness • Identify Feeder High Schools and Communicate with Administration/Faculty About Standards • Gear-UP • EPAS • ACE/Common Core Curriculum • Summer Math and Science Academies • Develop Transition or Bridge Math Courses
Focus on readiness Developmental Education and High School Core Curriculum
Focus on readiness First-Time Freshmen Enrolled in Developmental Courses by Subject Area
Transform remediation • Testing and Assessment Reform- Regents Assessment study. • Better linkages at the campus level between assessment and placement for the correct course. • Make sure that study materials, adequate time and a good testing environment are available for placement testing. • Link to funding formula – 24 credit hours in first academic year with no remediation, grad rates, degrees and certificates.
Transform remediation • Accelerate remediation and time to degree • Shorten courses and get to credit bearing courses sooner (OCCC model) • Co-requisite model • Better diagnostics and targeting of problems • Math labs • New math sequences (applied statistics-Statway model) • New funding formula emphasis- 24 hours in first academic year with no remediation • Stretch financial aid
Build bridges to certificates and degrees • Meet CCA Degree and Certificate targets to meet Oklahoma workforce needs. • Develop and implement a “Program Equivalent Project” that bridges Career Tech credit hour completion to certificate and AAS degree completion in the community colleges.
Build bridges to certificates and degrees • -Degree and Certificate Bridges • -Cooperative Alliances with Career Tech • - Certificates count as completion • -Associate degrees count as completion • -Embed certificates in degrees and as • bridges to degrees • - Guided Student Pathways to Success • (GPS) and Learning Resource • Management Systems (LRM) • - Link to the funding formula – CCA goals, • degrees and certificates, graduation rates
Reach Higher • Further expand and develop Reach Higher as a degree and certificate completion effort that involves the entire system of postsecondary education.
Reach Higher • Other Adult Degree Completion Options • Course availability to working adults • On-line options • Link to the funding formula – CCA goal, degrees and certificates
OSRHE Council on Student Affiars January 10, 2013