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The Future for George Mason University and Public Education i n Virginia Dr. Ángel Cabrera President April 14, 2014. Fairfax Committee of 100. For students • Innovative learning • Accessible pathways • Return on investment. For the community • 100,000 career- ready graduates
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The Future for George Mason University and Public Education in Virginia Dr. Ángel Cabrera President April 14, 2014 Fairfax Committee of 100
For students • Innovative learning • Accessible pathways • Return on investment For the community • 100,000 career-ready graduates • Innovation engine • Community builder TheMason IDEA For the world • Elevate research • Research of consequence • Global learning platform For faculty and staff • Well-being • Diverse, talented community • Support teaching and scholarship innovation and excellence
MEDIAN ANNUAL WAGES OF RECENT GRADUATES FOR VIRGINIA 4YR DEGREE INSTITUTIONS WITH A DEGREE FROM MASON, OUR STUDENTS RECEIVE A GREAT RETURN ON INVESTMENT! For OUR STUDENTS STUDENTS COME FIRST! Source: SCHEV 2012-2013 Tuition and Fee Report; SCHEV, “Post-Completion Wages of Graduates,” 2012. Wages are for Virginia residents 18 months following awarding of a degree via the Virginia Longitudinal Data System, a collaborative effort among the State Council of Higher Education for Virginia, the Virginia Department of Education, the Virginia Employment Commission, the Virginia Community College System, and the Virginia Information Technologies Agency.
HISTORIC GROWTH IN ENROLLMENT FOR MASON 38.59% INCREASE BETWEEN 1992 – 2013 MAKING MASON THE LARGEST 4 YEAR PUBLIC UNIVERSITY IN THE COMMONWEALTH Mason is Committed to educate and transform future leaders with global understanding For THE community 100,000 career ready graduates by 2024 % GROWTH FROM 1992 – 2013 VCU – 29.88% VTECH - 16.67% UVA – 8.22% Source: http://research.schev.edu/enrollment/E2_Report.asp
STRONG CORRELATION BETWEEN THE NUMBER OF TOP RESEARCH UNIVERSITIES IN A COUNTRY AND THAT COUNTRY’S NATIONAL COMPETITIVENESS Mason is one of the four universities in Virginia to be ranked in the top 200 research universities globally For THE world RESEARCH OF CONSEQUENCE Source: “Academic Ranking of World Universities,” Shanghai Jiao Tong University, http://www.shanghairanking.com/ARWU2012.html Klaus Schwab, “The Global Competitiveness Report 2012 - 2013,” World Economic Forum, http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2012-13.pdf.
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Appendix George Mason University: Where Innovation Is Tradition
George Mason University Profile This fall Mason welcomed its largest freshman Class!!! WHO WE ARE Comprehensive Doctoral Research WHOM WE SERVE Northern Virginia Washington Metro Area Commonwealth of Virginia The Nation The World FAST FACTS Fall 2013 Enrollment – 33917 200 Degree Programs Offered; 11 AcademicUnits 81% Virginia Residents 57% of Studentsreceive Financial Aid 72% of Freshmen live on Campus 26% of Undergraduates live on Campus 6,294 Employees on 3 Campuses 2,537 Teaching and ResearchFaculty George Mason University: Where Innovation Is Tradition
MASON ON THE WIRE: INTERNET & TWITTER BUZZ Top 200, Academic Rankings of World University by Shanghai Jiao Tong Univ. US News “Up and Coming” top five Forbes Best College Buy ranked Mason 81 Kiplinger’s ranked Mason 56 in academic quality and affordability Ranked 153 in research expenditures by NSF Great place to work by both Chronicle of HE and AARP George Mason University: Where Innovation Is Tradition
Mason is Committed to Serving As An Economic Engine Recruit and retain top talent Engage in research of consequence Achieve Carnegie Very High research Classification Create facilities of the future – learning labs & innovative learning Continue our focus on efficiencies and improved effectiveness Create 5 Multidisciplinary Research Centers George Mason University: Where Innovation Is Tradition
Currently have 90 Research Centers and 10 Institutes • The Mason Enterprise Center has four sites in Northern Virginia to support small businesses with: • International Business Development • Virginia Small Business Network • (29 Sites) • Mentor – Protégé Program • Procurement Technical Assistance program • The Community Business Partnership • Flex-Office/Telework Services George Mason University: Where Innovation Is Tradition
MASON’S ANNUAL ECONOMIC IMPACT Over $1.5 Billion to the Commonwealth, and Over $1.1 Billion to Northern Virginia The primary contributors to the impacts are wages and benefits, procurement, and student spending George Mason University: Where Innovation Is Tradition
MASON’S ECONOMIC IMPACT George Mason University: Where Innovation Is Tradition
STUDENT ACCESS: IN-STATE UNDERGRADUATES Despite increased selectivity, under-represented groups make up 62% of in-state undergraduates. 14 Unduplicated headcounts: FY09 7,832 and FY13 10,907, a 39% increase in 4 years Note: Individual bars do not equal the total because the total is an unduplicated count. Increase in First-generation students is due in part to improved data collecting through MapWorks. Minority includes African American, Asian American, American Indian, and Hispanic. Economically disadvantaged is defined as Pell Grant recipients. First Generation is defined as neither parent has a college degree. Under-represented VA Localities include Lexington City, Harrisonburg City, Prince Edward County, Lee County, Alleghany County, Buena Vista City, Buckingham County, Prince George County, Greensville County, Page County, Washington County, Carroll County, Amherst County, Pittsylvania County, Norfolk City, Bristol City, Smyth County, Radford City, Warren County, Henry County, Lynchburg City, Franklin County, Craig County, Brunswick County, Russell County, Campbell County, Charlottesville City.
HISTORIC ENROLLMENT GROWTH 23% increase over the last ten years 15 George Mason University: Where Innovation Is Tradition
Core Spending Per Student George Mason University’s core spending per student FTE is 62% of its Peer Group Average Source: IPEDS 2011 institutional data. Peer group assigned by State Council for Higher Education in Virginia (SCHEV). Includes spending for Instruction, Academic Support, Student Service and Institutional Support. George Mason University: Where Innovation Is Tradition
Mason Student Debt Levels and Repayment Rates Remain Below National Averages 43%of Mason students incur no debt prior to graduation. For those students graduating with debt, Mason undergraduate debt averaged $25,822 (slightly below the national average of $26,279) Mason’s Default Rate is 1.3% compared to a National Average Default Rate of 6.8% for Public Universities George Mason University: Where Innovation Is Tradition