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The Impact of the Education System U nderstanding the Education Road. DID YOU KNOW?. Fundamental Shift Happening in our World. DID YOU KNOW?. “America Isn’t Ready,” Fortune July 25, 2005, Colvin, Geoffrey.
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The Impact of the Education System Understanding the Education Road
DID YOU KNOW? Fundamental Shift Happening in our World
DID YOU KNOW? “America Isn’t Ready,” FortuneJuly 25, 2005, Colvin, Geoffrey • China & India: large numbers of well-educated students armed with the skills that are necessary to compete in and drive an economy based on information and technology. • 2005 China produced 3.3 million college grad; India, 3.1; & US, 1.3 • All of India’s graduates were fluent in English. • Engineering: China graduated 600,000 students; India, 350,000; & US 70,000. • Any American who believes outsourcing of low skill jobs is the biggest threat to the U.S. labor force is in for a rude awakening.
DID YOU KNOW? • China will soon become the NUMBER ONE English speaking country in the world. • 25% of India’s population with the highest IQ is greater than the total population of the United States.
DID YOU KNOW? TODAY’S REALITY ALL STUDENTS MUST CONTINUE THEIR EDUCATION BEYOND HIGH SCHOOL But... Every 9 seconds in America a student becomes a dropout……..
▪70% college bound ▪ 30% Workforce with HS Diploma or less Workforce Dilemma Student Cohort - 100 ▪ After one semester or one year ▪ 30% drop-out – 60% workforce ▪ 10-20% Drop-out – 70-80% workforce ▪ Before Graduation ▪ College Graduates ▪ 20-30% earn degrees Source: National Research Center for Career and Technical Education
DID YOU KNOW? • Millions of students leave school before high school graduation • For every 100 ninth graders, only 18 will graduate from a 4 year college in six years. • High school drop out rates are increasing at an alarming rate. • Three-fourths of state prison inmates are drop-outs as are 59% of federal inmates. • The earning power of dropouts has been in almost continuous decline over the past thirty years. • Data from the National Center for Education Statistics for 2003-2004 (most recent data available)
DID YOU KNOW? • Four main reasons students drop out of higher education: money, academics, alienation, lack of career focus….. The top one being lack of career focus • Data from the National Center for Education Statistics for 2003-2004 (most recent data available)
DID YOU KNOW? • Youth in out of home care are 57% less likely to complete high school compared to their peers in the general population. • They are significantly under represented in postsecondary programs. • Youth leaving foster care are more likely to be homeless and/or on public assistance within 18 months of their 18th birthday.
DID YOU KNOW? • The recidivism rate for inmates drops from 70% to 5% with a degree and 0% with a Masters degree.
DID YOU KNOW? • In five years, almost 50% of all workers will be employed in industries that produce or are intensive user of information technology. (DOL-BLS) • 50% of those going to four-year college return home after graduation • Average college loan indebtedness – 4 year $22,372 • Average college loan indebtedness – 2 year $ 7,276
DID YOU KNOW? • Approximately 70% of US jobs don’t require a four-year degree. They do, however, require some form of post secondary training. (Education Weekly, Jan. 2007) • 50% of four year students entering high school today will take a job that does not exist today
DID YOU KNOW? • The world’s technical knowledge is doubling every two years…. That means….. • Top 10 in demand jobs in 2010 did not exist in 2004 • The young generation will have 10-14 jobs by age 38 • Market audience of 50 million – Radio 38 years, TV 13 years, Internet 4 years, IPod 3 years, Face Book 2 years • Number of Internet devices in 1984 = 0; 1992 = 1 million; 2008 = 2 billion
DID YOU KNOW? • Two-Thirds of the fastest-growing occupations over the next decade are in health fields and computers. (DOL-BLS) • Although Engineers are the hardest jobs to fill, number two was machinists/machine operators, followed by skilled trades, technicians, sales representatives, accounting and finance staff, mechanics, IT staff and production operators.
DID YOU KNOW? • 70% of those who start a two-year technical program graduate with over 99% job placement • The average high-tech job pays 78% more than the average non-high-tech job. (DOL-BLS)
www.rand.org Knowledge Workers • Require high-level cognitive skills for managing, interpreting,validating, transforming, communicating, and acting on information. • Valued skills include such non-routine analytic skills as abstract reasoning, problem solving, communication, and collaboration. • Workers with these skills can perform tasks that require higher-skill human action not easily codified into computer software.
High Growth Areas • Geospatial • Health Care • Homeland Secure • Hospitality • Information Technology • Retail • Transportation • Adv Mfg • Aerospace • Automotive • Biotechnology • Construction • Energy • Financial Services
What Will Be the 10 Hottest Jobs? • Tissue Engineers • Gene Programmers • Pharmers • Frankenfood Monitors • Data Miners • Hot-line Handymen • Virtual-reality Actors • Narrowcasters • Turing Testers • Knowledge Eng
DID YOU KNOW? FIRST TIME EVER FOUR GENERATIONS IN THE WORKFORCE Matures – born prior to 1946 Baby Boomer – born 1946 to 1964 Gen X – born 1965 to 1978 Millennial- Born 1980 >
DID YOU KNOW? THE AVERAGE PERSON ENTERING THE WORKFORCE TODAY WILL RETIRE AT 85 YEARS OF AGE AND LIVE IN EXCESS OF 105 Average age of Marriage – Late 20’s Average Age of 1st baby is early thirties
Catalytic Conversations It’s one thing to know the world is changing-it’s another to actively use that knowledge……. • What will you do to capitalize on your information? • Has your organization or school or classroom changed in the last 10 years? • What are you or your organization doing to help students transition to education beyond high school?
WEST VIRGINIA ‘S EDGE, CAREER PATHWAYS AND ACADEMIES A BOLD STEP INTO THE FUTURE
EDGE DATA • Student Participation Numbers • Student Quality • Outcomes