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Plus 50 Students: A Growing Community College Market. American Association of Community Colleges. Funded with grants from the Deerbrook Charitable Trust and the Lumina Foundation. Presentation Overview. Baby Boomers: Redefining Life Amid Recession Fallout The Plus 50 Initiative
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Plus 50 Students: A Growing Community College Market American Association of Community Colleges Funded with grants from the Deerbrook Charitable Trust and the Lumina Foundation
Presentation Overview • Baby Boomers: Redefining Life Amid Recession Fallout • The Plus 50 Initiative • What Our Community College Is Doing • Why Your College Should Get Involved
I. Baby Boomers: Redefining Life Amid Recession Fallout “The future ain’t what it used to be.” -Yogi Berra
The Recession’s Fallout: Unemployment & Economic Woes Job loss in the Great Recession was the most severe of any recession since World War II. Retirement accounts lost $2.7 trillion (31%) of their overall value.
Unemployment: The Waiting Game The average jobless person between the ages of 55 and 64 will spend 44.6 weeks, or nearly a year, looking for a new job.
Plus 50 workers are playing an increasing role in the workplace
What is the Plus 50 Initiative? It’s an innovative program at community colleges nationwide that is reaching out to adult learners who are age 50 and up.
Community Colleges: Ideal for Plus 50 Adults • Flexible scheduling. • Easy access. • High-demand workforce training programs.
Colleges Help Baby Boomers Get Back on the Job 72% of students agreed that college workforce training helped them get hired for a job About 90% of plus 50 students in workforce training programs agree that their plus 50 courses have helped them acquire new skills or improve upon their current job skills.
Will you join us? 100 colleges 10,000 Plus 50 adults will earn certificates or degrees in healthcare, education or social service occupations Grant RFP available May 2012
High Demand Fields That Give Back • Education • Social Services • Healthcare
St. Louis CommunityCollege Now-Plus 50 Completion Initiative 2012 - 2014
Joliet Junior College Now-Plus 50 Completion Initiative 2012 - 2014
A Maturing Labor Force Occupations with the largest number of workers in the 50 and older cohort include: • Elementary School Teachers (2,912) • Truck Drivers (2,094) • Registered Nurses (1,168) • Retail Sales Persons (1,087) • Supervisors/Managers (1,083) Will County occupations with the highest percentage of workers age 50 and older are: • Insurance Agents (57%) • Physicians (55%) • Supervisor/Managers (53%) • Secondary School Teachers (53%) • Registered Nurses (53%)
Plus 50 adults make up a growing population interested in returning to school.
For More Information http://Plus50.aacc.nche.edu