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Lumina’s big goal: To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025. Percent of adults with a postsecondary degree 25-34, 35-44, 45-54, 55-64 Source: OECD Condition of Education 2009. Korea. Canada. 54 52 50 48 46 44
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Lumina’s big goal: To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
Percent of adults with a postsecondary degree 25-34,35-44, 45-54,55-64 Source: OECD Condition of Education 2009
Korea Canada 54 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22 Japan US states 25 to 34 year olds Massachusetts New Zealand Ireland Minnesota Norway North Dakota Connecticut/Colorado/New York France/Belgium/Australia New Jersey/Vermont/New Hampshire United States/Denmark/Sweden Illinois/Maryland/Nebraska Finland/Spain Virginia/Iowa UK/Netherlands Wisconsin/RI/SD/WA Pennsylvania/Kansas/Delaware Luxembourg Hawaii Switzerland Utah/Montana Michigan/North Carolina/Georgia Ohio/MO/OR/WY/CA/FL/ME Iceland Indiana Poland Idaho/South Carolina/Arizona Texas/Alabama/Tennessee/Alaska Greece Oklahoma Kentucky/New Mexico Germany Mississippi/Louisiana West Virginia/Arkansas Hungary/ Nevada Portugal Mexico
64 60 56 52 48 44 40 36 32 28 24 20 16 12 8 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22 20 Arizona counties 25 to 34 year olds Korea Canada Japan New Zealand Ireland Norway France/Belgium/Australia United States/Denmark/Sweden Finland/Spain Coconino UK/Netherlands Luxembourg Switzerland Maricopa Iceland Pima Poland Greece Cochise Germany Yavapai/Greenlee Hungary Graham Portugal Santa Cruz Mexico/Italy Apache/Yuma Slovak Republic Czech Republic Gila Mohave Turkey Navajo La Paz/Pinal
Are you buying any of this? • Not even a little bit. • Is there a reception after this session? • Interesting, but you gotta show me more. • Makes sense. • It’s about time you figured this out!
Percentage of new entrants to the labor market that have completed higher education Source: OECD Education at a Glance 2007 United States Canada Sweden Denmark Finland Norway Belgium Ireland Spain Korea
Unemployment by level of education Source: Bureau of Labor Statistics, 2008
Percent of layoffs that are permanent Source: Bureau of Labor Statistics, CNBC
Education levels of auto mechanics Source: Georgetown University Center on Education and the Workforce
Federal Reserve Bank of Cleveland examined data from 1939 to 2004 to find out. These are the most important factors, in order: • Patents • Educational attainment • Industry diversification • Climate • Taxes • Infrastructure • Bank deposits What drives income growth in states?
Some college, no degree 706,039
Lumina believes that high-quality postsecondary credentials are an essential element in meeting the educational needs of a knowledge economy. Lumina defines high-quality credentials as degrees and certificates that have well-defined and transparent learning outcomes which provide clear pathways to further education and employment.
Do you think that a college education is necessary for a person to be successful in today’s work world? • Yes, college education is necessary. • No, there are many ways to succeed in today’s world without a college degree. • I don’t know.
Do you think that the vast majority of people who are qualified to go to college have the opportunity to do so, or do you think that there are people who are qualified but don’t have the opportunity? • Opportunity to do so • Don’t have the opportunity • Don’t know.
College is necessary Qualified students have the opportunity to go to college Source: Public Agenda and National Center for Public Policy and Higher Education
www.luminafoundation.org dmatthews@luminafoundation.org