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President’s Council. April 20, 2011. CPCC’s Value and Challenges. Community colleges are integral to workforce preparation and economic recovery What is the “middle-skills” gap? What challenges do community colleges face in accomplishing their mission?. Community Colleges Many Missions.
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President’s Council April 20, 2011
CPCC’s Value and Challenges • Community colleges are integral to workforce preparation and economic recovery • What is the “middle-skills” gap? • What challenges do community colleges face in accomplishing their mission?
Community CollegesMany Missions • Second chance high schools • Remediation on-ramp to postsecondary education • Transfer degrees • Career and technical education degrees • Incumbent worker training • Adult basic education • Dislocated worker training
Myths about the Labor Market Myth 1: Most jobs in the future will require a four-year degree • Of the 166M jobs available in 2018, only 22% will require a four-year degree or higher • Among all education and training categories, the fastest growth will occur in occupations requiring an associate degree Source: Department of Labor, Bureau of Labor Statistics, 2010.
Myths about the Labor Market Myth 2: Income increases with degrees • In fact, earnings are not just a function of postsecondary attainment • 25% of workers with a B.A. earn less than workers with an AA degree • 23% of workers with a B.A. earn less than workers with a license or certificate Source: Help Wanted: Projections of Jobs and Education Requirements through 2018, June 2010, Georgetown’s Center on Education and the Workforce
Myths about the Labor Market Myth 3: Most new jobs will be in technical areas that require a four-year degree • Openings for nurses and health technologists with an associate degree is expected to grow by more than 1,000,000 by 2018 • Demand for middle-skilled professionals is exploding Source: Help Wanted: Projections of Jobs and Education Requirements through 2018, June 2010, Georgetown’s Center on Education and the Workforce
Middle-Skills Gap • By 2014, 2,700,000 job openings in middle-skills fields require a post-secondary credential • Fields include construction, manufacturing, healthcare, EMT, law enforcement, etc. • Community colleges are the providers of middle-skills training • Community colleges currently credential nearly 80% of first responders and 60% of health-care professionals Source: Help Wanted: Projections of Jobs and Education Requirements through 2018, June 2010, Georgetown’s Center on Education and the Workforce
Pathways to Prosperity • Community colleges are the largest providers of postsecondary education in the nation, serving 12,400,000 students a year • Community colleges serve many struggling young adults and the greatest proportion of underrepresented students Source: Pathways to Prosperity, Harvard Graduate School of Education, February 2011 .
Pathways to Prosperity • Community colleges received just 27% of total federal, state, and local revenues for public degree–granting institutions in 2007–2008 while serving 43% of undergraduate students • Two-year colleges are grossly under-resourced compared to four-year colleges Source: Doing More With Less: The Inequitable Funding of Community Colleges
Education Sector Comparison Source: Fiscal Research Division; Dec. 15, 2010, FY 2011-12 General Fund Revenue and Budget Outlook; Dec. 9, 2010 Exhibit 5 “Per Student Expenditures”
CPCC County Funding Per FTE FTE Budget Funding $24,492,884 $23,900,000 $26,611,768
CPCC Operating Budgets - Funding Sources Operating Budget $64.4m $84.6m $159.2m* *Based on Governor’s proposed budget cut to Community Colleges and a 10% increase in tuition for FY2012.
Major CPCC Initiatives • Student success • Dislocated workers’ training • New fundraising campaign
Suggestions? Questions?