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In 2012, the average student graduated with in debt
$29,400Default rates for people under 30 with federally sponsored student loan debt in the US is up 30%
2000
2014 53% of recent college graduates are underemployed or unemployed.– Atlantic
Earnings of college grads have declined since 2000
The world is approaching universal schooling.
Source:UIS database (data for 1999-2007)
56 million
31 million
23 million
Projected numbers of out-of-school Children
Out -
of -
scho
ol ch
ildre
n (m
illion
s)
0
20
40
60
80
100
120
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Sub- Saharan AfricaSouth and West AsiaRest of the World
Seco
ndar
y Sch
ool N
ER (%
)
0
20
40
60
80
100
Primary School NER (%)30 40 50 60 70 80 90 100
East Asia, Pacific Eastern Europe, CISLatin America, Caribbean South AsiaEastern and Southern Africa Industrialized CountriesMiddle East, North Africa West and Central Africa
Source:Huebler, July 2005, huebler.blogspot.com
Primary & Secondary NER
Other 10%Turkey 1%
Brazil 2%Canada 2%
Spain 3%
Indonesia 3%
United Kingdom 3%
Germany 3%
France 3%
Mexico 3%
Korea 4%
India 10%Japan 10%
Russia 12%
China 17%
United States 17%
Massification of higher education is global trend
Global Tertiary Enrollment 1970 to 2007
91 million 25-34 year-olds
with tertiary Education
Other 12%
Turkey 2%
Brazil 3%
Canada 2%
Spain 1%
Indonesia 6%
United Kingdom 4%
Germany 2%
France 2%
Mexico 3%
Korea 3%
India 12%
Japan 4%
Russia 7%
China 29%
United States 11%
204 million 25-34 year-olds
with tertiary Education
2000
2020
Source: Hanushek, UNESCO Institute for Statistics
Terta
iry st
uden
ts (m
illion
s)
0
40
80
120
160
1970
1975
1980
1985
1990
1995
2000
2005
2007
North America and Western EuropeCentral and Eastern EuropeCentral AsiaLatin America and the CaribbeanEast Asia and the PacificSouth and West AsiaArab StatesSub-Saharan Africa
2005
Popu
lation
(in
milli
ons)
172533414856647280
0-4
5-9
10-1
415
-19
20-2
425
-29
30-3
435
-39
40-4
445
-49
50-5
455
-59
60-6
465
-69
70-7
475
-79
80-8
485
-89
90+
MaleFemale
Future Projected Population Density2025
MaleFemale
Increasing prices without corresponding results
1000
2000
3000
1983 2012 2030
1 X CPI3.2 X CPI
6.5 X CPI
100
Dynamics Inhibiting Students Inadequate Academic Infrastructure Reading & Math Skills Taking classes that don’t meet admission requirements Easily Distracted Struggle to connect and adjust Fail to seek support services !
College Tuition
Medical Care
HousingCPI
680,000 High-IncomeStudents 598,000
539,000 527,000 Students
1,140,000 Low-Income Students
844,000
497,000
100,000 Students
82%
8%
84%
41%
94%
70%
95%Aspire to Attend College
Graduate High School
Enroll in College
Attain Bachelor’s Degree
The Great Recession is different
Job
loss %
to p
eak
empl
oym
ent
-7
-6
-5
-4
-3
-2
-1
0
1
Number of Months After peak employment0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58
1948 1953 1957 1960 1969 19741980 1981 1990 2001 2007
Percent of Job Losses in Post WWII Recessions
Current Employment Recession
Source: www.calculateddriskblog.com
10
20
30
40
50
2006 2008 2010 2012
Greece 51.2%Portugal 36.1%Ireland 30.3%France 21.8%Spain 51.1%Italy 35.9UK 21.9%Germany 7.9%
Youth Unemployment
The rest of the world will try to catch up with the “West”
< - 4040 - 70> - 70
No data available
Source: UNESCO Institute for Statistics in EdStats, 2011
Tertiary Enrollment Rate %
(2007-2010)
Startups enter the space at an unprecedented rate
Articles on Education Technology Startups in TechCrunch
100
200
300
400
2008 2009 2010 2011 2012
38
79
319
44
Compiled by Learn Capital and TechCrunch (AOL), Jan 2013
Personal CoachingEach fellow is paired with a coach for weekly 1-1 meetings to set goals for the upcoming week and reflect on progress over since their last meeting. The coach connects the fellow to the resources of Gap Year network.
Fellows have access to the Gap Year mentor network for industry-specific feedback and guidance. A mentor matching party is held in week 3 to facilitate connections between fellows and mentors.
Mentorship Network
• Communication, negotiation, and speaking !• Empathy and emotional intelligence!• Dynamic problem solving and project management!• Confidence and personal efficacy!• Agency, empowerment, and charisma!• Teaching and learning as a mentor and learner!• Organization and time management!• Self-evaluation and goal-setting!• Self-advocacy!• Self-transformation and re-invention!• Conflict resolution!• Overcoming personal bias and local maxima!• Context-setting and synthesis!
Meta-learning
500+ applications to date !
28 people from 14 countries !
Expanding to Sao Paulo, Vancouver, Capetown, and more
73% are employed after 10 weeks(have received or taken job offers in their field of study)
• Worked for fashion designers, venture capitalists, food products companies, technology companies, energy companies, and startups
• Started their own gaming, video production, copywriting, design, and development agencies
• Traveled to China, Brazil, Columbia, Honduras Thailand, Vietnam, Singapore - all over the world
Thank you for listening.
Find out more at uncollege.org
!
@dalejstephens on Twitter
!