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About Northeast Ohio. Population: 4.1 million in 16 counties 27 colleges and universities, 2 and 4 year 210,000 enrolled college students Low adult postsecondary participation rate (3.9%) 28.9% college attainment rate for adults 18 and older .
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About Northeast Ohio • Population: 4.1 million in 16 counties • 27 colleges and universities, 2 and 4 year • 210,000 enrolled college students • Low adult postsecondary participation rate (3.9%) • 28.9% college attainment rate for adults 18 and older
Northeast Ohio Talent Dividend: Progress by Degrees • The Talent Dividend is a nationwide initiative to increase college attainment for economic prosperity. • Increasing the region’s attainment rate from 28.9% to 29.9% will yield an additional $2.8 billion in annual per capita income. • Northeast Ohio needs an additional 31,000 degree holders to achieve the Talent Dividend. • NOCHE set a planning agenda and formed a Northeast Ohio Steering Committee, which released an ambitious Action Plan in December.
Why is this important? • College attainment has made a huge contribution to national economic growth. • Now, attainment is declining while more educated workers leave the workforce. • We cannot get enough young people through college to replace the declining workforce. • Current working adults without a college credential can make a difference, too. • Regions with the most graduates have enjoyed the most income and productivity gains. • Source: Brian Bosworth’s presentation at the Talent Dividend Summit, December, 2010.
Why is this important? • By 2017, nearly 60% of all jobs in Ohio will require some education beyond high school. • Between now and 2018, the pace of job growth for college graduates will exceed that for high school graduates, resulting in five times as many jobs for those with a postsecondary credential than for those with a high school diploma. • Source: Carnevale (2010)
In-depth: The Action Plan • A Steering Committee, comprised of regional civic, education, chambers of commerce, and foundation leaders, published this report. • To increase attainment, we are focusing on • improving college readiness, • increasing retention to degree completion, and • increasing attainment among adults with some college but no degree.
In-depth: The Action Plan • We can impact those three areas if we • increase participation in dual enrollment programs, • increase college knowledge, • increase social support, encouragement, and accountability, • engage employers in college recruitment, • expand adult experiential learning pathways, and • provide professional development for implementers.
In-depth: The Action Plan • We have identified five critical metrics that will help us gauge progress toward achieving the Talent Dividend. They are • on-time high school graduation rate; • college continuation rate; • adult postsecondary participation rate; • college completion rate; and • yearly change in degrees awarded. • NOCHE will track these metrics annually.
Next Steps . . . • Work with Steering Committee to develop a plan for implementation • Continue to cultivate support from regional stakeholders, especially from business • Identify implementers throughout Northeast Ohio’s communities • For more information, visit www.noche.org