the big goal: to increase the proportion of americans with high-quality degrees and credentials to...
TRANSCRIPT
The big goal:
To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
Lumina defines high-quality credentials as degrees and certificates that have well-defined and transparent learning outcomes which provide clear pathways to further education and employment.
Percent of adults with a postsecondary degree 25-34, 35-44, 45-54, 55-64 Source: OECD Condition of Education 2009
54
52
50
48
46
44
42
40
38
36
34
32
30
28
26
24
22
CanadaJapan
Korea
Massachusetts
MinnesotaNorth Dakota
Connecticut/Colorado/New YorkNew Jersey/Vermont/New Hampshire
Illinois/Maryland/NebraskaVirginia/Iowa
Wisconsin/RI/SD/WAPennsylvania/Kansas/Delaware
HawaiiUtah/Montana
Michigan/North Carolina/Georgia
Ohio/MO/OR/WY/CA/FL/ME
IndianaIdaho/South Carolina/Arizona
Texas/Alabama/Tennessee/AlaskaOklahoma
Kentucky/New MexicoMississippi/Louisiana
West Virginia/Arkansas
Nevada
Ireland
United States/Denmark/Sweden
Finland/Spain
UK/Netherlands
Switzerland
Greece
Germany
Mexico
Luxembourg
Poland
Hungary/
New Zealand
Norway
France/Belgium/Australia
Iceland
Portugal
US states25 to 34 year olds
52
50
48
46
44
42
40
38
36
34
32
30
28
26
24
22
20
64
60
56
52
48
44
40
36
32
28
24
20
16
12
8
Champaign
McDonough
McLean/Jackson
DuPage
Effingham/TazewellKendall/Monroe/Cook
Livingston
Bureau/Knox/Boone
Franklin/Randolph/Vermillion
Fulton/Jefferson/Iroquois
Illinois counties25 to 34 years old
CanadaJapan
Korea
Ireland
United States/Denmark/SwedenFinland/SpainUK/Netherlands
Switzerland
GreeceGermany
Mexico
Luxembourg
Poland
Hungary/
New Zealand
NorwayFrance/Belgium/Australia
Iceland
Portugal
Reaching 60% attainment by 2025
Graduates already in the workforce 37,100,000
New graduates from immigration 4,400,000
New graduates at current rates of production 38,300,000
New graduates needed 23,300,000
To produce 23 million new graduates by 2025, the U.S. needs to increase the production of college graduates each year by 150,000 more than the year before.
Each year; every year.
Reaching 60% attainment in Illinois
Current % of college graduates (25 to 64) 40.8%
Additional degrees needed to reach 60% 1,274,000
Current annual production of degrees 103,634
Annual increase needed 9,367
Since 2000, Illinois’ average annual increase in degree production has been 4,990.
United StatesCanada
Sweden
Finland
Norway
Korea
Ireland
Spain
Denmark
Belgium
Percentage of new entrants to the labor market that have completed higher educationSource: OECD Education at a Glance 2007
0
10
20
30
40
50
60
1975-79 1980-84 1985-89 1990-94 1995-99
Unemployment by level of education Source: Bureau of Labor Statistics, 2008
Income by level of education Source: US Census, Current Population Survey
professional
phd
master’s
bachelor’s
associatesome college
high school
Unemployment by level of education Source: US Census, Current Population Survey
Recession of November 73
to March 75
High school dropout
Bachelor’s
Some college
High school graduate
Recession of January 80 to
July 80
Recession of July 81 to November 82
Recession of July 90 to March 91
Recession of March 01 to
November 01
Recession of December 07
to present
Percent of layoffs that are permanent Source: Bureau of Labor Statistics, CNBC
Education levels of auto mechanics Source: Georgetown University Center on Education and the Workforce
1968-1971 1988-1991 2004-2007
Less than High School 58% 29% 19%
High School Diploma 34% 52% 47%
Some College and Associate’s 6% 16% 30%
Bachelor’s or above 1% 3% 4%
Between 2008 and 2018, new jobs in Illinois requiring postsecondary education and training will grow by 418,000 while jobs for high school graduates and dropouts will grow by 148,000.
Between 2008 and 2018, Illinois will create 2 million job vacancies both from new jobs and from job openings due to retirement.
1.3 million of these job vacancies will be for those with postsecondary credentials, 530,000 for high school graduates and 203,000 for high school dropouts.
64% of all jobs in Illinois (4.4 million jobs) will require some postsecondary training beyond high school in 2018.
Source: Help Wanted: Projections of Jobs and Education Requirements Through 2018 The Georgetown University Center on Education and the Workforce
In Illinois, 1,514,533 working-age adults have attended college but don’t have a degree.
Qualified students have the opportunity to go to college
College is necessary
Source: Public Agenda and National Center for Public Policy and Higher Education
