Upload
stevie
View
31
Download
0
Tags:
Embed Size (px)
DESCRIPTION
Breaking with Tradition: Adult Learners are Essential to Illinois ’ 60 x 25 Goal Sarah Labadie Policy Associate [email protected] (312) 782-3902 ext. 231. ISAC MAP Eligibility Task Force September 26, 2012. Since 1973. - PowerPoint PPT Presentation
Citation preview
www.womenemployed.org
Breaking with Tradition:Adult Learners are Essential to
Illinois’ 60 x 25 Goal
Sarah LabadiePolicy Associate
[email protected](312) 782-3902 ext. 231
ISAC MAP Eligibility Task ForceSeptember 26, 2012
www.womenemployed.org
Since 1973 . . .
Mobilizing people & organizations to expand educational and employment opportunities for America’s working women.
Increasing access to and success in education & training by:•Increasing financial aid•Improving support services•Improving educational programs
www.womenemployed.org
Adults in Higher Education• More than 50% of all postsecondary students are
independent adults, many of whom have been out of school for a significant amount of time
• About 72% have an expected family contribution of 0
• Over 50% attend college less than full-time• Nearly 40% work part-time• And 27% are parents
The majority of “non-traditional students” are female and attend community colleges.
www.womenemployed.orgwww.womenemployed.org
MAP Grant Awards by Dependency Status and Institution Type
www.womenemployed.org
Illinois’ 60 x 25 goal – to ensure that 60% of adults have a college credential by 2025 – is vital to
our state and its residents.
To remain globally competitive, the U.S. and each state should ensure that at least 60% of adults ages 25 to 64 have an associate or bachelor's degree by 2025.
In Illinois, the current rate is 41.3%.
www.womenemployed.org
College Degrees Mean Higher Income:
Illinoisans with a college degree will earn more over a lifetime than their peers with only a high school diploma.
www.womenemployed.orgwww.womenemployed.org
More Jobs Require Higher Education
By 2018, over 63% of jobs in Illinois (and nearly two-thirds of jobs in the nation) will require some postsecondary education or training.
Source: http://cew.georgetown.edu/jobs2018/ as cited by Center for Law and Social Policy (CLASP) and NCHEMS. 2011. The Economic Imperative for More Adults to Complete College: Illinois
www.womenemployed.orgwww.womenemployed.org
60 x 25 Goal will Generate Revenue
By meeting the 60 percent credential goal, Illinois will generate more annual revenue.
www.womenemployed.orgwww.womenemployed.org
Under current postsecondary investment patterns,
Illinois' state revenues will decrease by about $140 million in 2025.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
www.womenemployed.orgwww.womenemployed.org
By meeting the 60% credential goal, Illinois will generate more annual revenue, topping approximately $1.9 billion in 2025.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
www.womenemployed.org
Adults currently in the workforce are vital to meeting the 60 x 25 goal.
Why? Do the Math.
To meet the 60 x 25 goal, we will have to produce an additional 595,296 degrees or certificates above our current graduation rate.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
www.womenemployed.orgwww.womenemployed.org
Can We Do It With Graduating High School Students Alone?If we improve our high school graduation rates to 100% and ALSO manage to raise our college going rate from 57.4% to 95%, we would still end up short of our goal. And while ensuring every high school student graduates is a worthy goal, it is unlikely to happen.
So How Will We Do It?By helping more working age adults earn college credentials:
www.womenemployed.org
We need to target adults to return to school and complete certificates and degrees.
If we increase the number of 20-39 year olds enrolled in college by just two percentage points from 1.22% to 3.2%, then we are more than halfway to our goal – we’ll gain 344,000 credentials.
Source: http://www.clasp.org/resources_and_publications/flash/CPES%20ROI%20Tool/Illinois.swf
www.womenemployed.org
Financial aid is critical to adult student access and success in college
www.womenemployed.orgwww.womenemployed.org
College Costs and Financial Aid• Average tuition and fees
at a community college: $3,117
• Yearly cost of books: $1,000
• Average Pell Grant for independent student: $3,721
• Average MAP award for independent student (if received): $2,088
www.womenemployed.orgwww.womenemployed.org
Living Costs in Illinois
• Average yearly cost of renting a two-bedroom in Illinois: $10,000
• Yearly cost of utilities: $2,000• Yearly cost of transportation: $5,000• Yearly food and drink: $6,000• Total: $23,000Source: http://www.ehow.com/info_12004938_average-cost-living-illinois.html
www.womenemployed.orgwww.womenemployed.org
Other Issues: Pell Changes
• Changes in the income amount for automatic 0 EFC• Cut Ability to Benefit students, affecting about 90,000
students now and more in the future• More possible in the future
www.womenemployed.orgwww.womenemployed.org
Potential Scenarios
• Create a pot of money for independent students who apply later
• Set aside money for students who are close to completion, especially adults who many have used MAP years ago
• Create a pot of money for students previously covered by Ability to Benefit provisions in Pell who cannot receive it anymore
www.womenemployed.org
To meet the college completion goals of tomorrow, we
must include the adults of today.
www.womenemployed.org
Breaking with Tradition:Adult Learners are Essential to
Illinois’ 60 x 25 Goal
Sarah LabadiePolicy Associate
[email protected](312) 782-3902 ext. 231
ISAC MAP Eligibility Task ForceSeptember 26, 2012