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Building Toward “55”

Building Toward “55”. 2011 Governor Haslam and General Assembly align HOPE with CCTA . 2013 FY 14 budget fully funds completion based funding formula and makes strategic investments in higher education. Feb. 2014 Governor Haslam presents specific Drive to 55 strategies to General Assembly.

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Building Toward “55”

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  1. Building Toward “55” 2011 Governor Haslam and General Assembly align HOPE with CCTA 2013 FY 14 budget fully funds completion based funding formula and makes strategic investments in higher education Feb. 2014 Governor Haslam presents specific Drive to 55 strategies to General Assembly 2010 General Assembly passes Complete College TN Act (CCTA) in a special session 2012 Governor Haslam calls for greater focus on workforce development and conducts meetings across TN Dec. 2012 Randy Boyd appointed as Special Advisor for Higher Education Sept. 2013 “Drive to 55”initiative launched at event in Nashville

  2. Why are we driving to 55? • A minimum of 55% of Tennessee jobs will require some form of postsecondary education by 2025 (Carnevale, Smith, & Strohl, 2010). • Currently, in Tennessee, 32% of those between ages 25 and 64 hold at least a two-year degree (U.S. Census Bureau, 2011a). • If we continue on our current trajectory, we will reach 39% by 2025, which means we will fall 16 percentage points short of our goal (Lumina, 2012). • To reach 55%, we need 494,000 additional degrees--of which technical certificates and two-year degrees are a key part (NCHEMS & CLASP, 2013). 3

  3. STEM & the Drive to 55 • The 494,000 additional credentials aren’t just any credentials…. • They are the credentials needed to enhance the workforce and increase economic opportunity • STEM is a key part of this approach

  4. STEM Supply/Demand Top 10 Under-Supplied Paths 11.4 Programming and Software Development 4.5 Marketing 4.3 Human Resources 4.2 Business Financial Management and Accounting 1.6 Environmental Service Systems 2.2 Construction 12.1 Correction Services 6.2 Business Financial Management 4.6 Administrative and Information Support 8.5 Biotechnology Research and Development

  5. STEM Supply/Demand 11.4 Programming and Software Development • Average graduates: 281 • Average openings: 678 1.6 Environmental Service Systems • Average graduates: 0 • Average Openings: 149

  6. The STEM Supply Crisis • Why does higher education care? 11th Grade 1ST Grade

  7. What are we doing about it? Multiple efforts: • Statewide STEM PD Program • UTeach Program • STEM Innovation Network • SAILS

  8. The Current Model 11th Grade Student scores below college ready on ACT 12th Grade Student takes coursework not connected to remedial need Freshman Year Student is placed in remedial courses. No credit Tuition charged

  9. A New Trajectory Freshman Year, College Student enters higher education; registers for credit-bearing courses 12th Grade Senior Year is utilized to remediate deficiencies through SAILS 11th Grade Student scores below college ready

  10. SAILS Year 1 • 8,400 Students • 100+ Schools • 65% of students finished all remedial requirements while still in high school • 80% saved at least a semester • Over $6,000,000 in tuition saved

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