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Mississippi community colleges produce an overall return on investment

Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community colleges by Mississippi taxpayers, an additional $3.86 is collected in state and local taxes over a working lifetime.

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Mississippi community colleges produce an overall return on investment

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  1. Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community colleges by Mississippi taxpayers, an additional $3.86 is collected in state and local taxes over a working lifetime Source: “What is the value of community colleges?” nSPARC, 2014

  2. Academic 9,206 • Technical2,434 • Career985 • Workforce7,662 • Secondary1,003 • ABE/GED1,010 • TOTAL 22,320 Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community colleges by Mississippi taxpayers, an additional $3.86 is collected in stat and local taxes over a working lifetime Use your college data here Avg. Age 25 Avg. ACT Score 19 Male 37% Female 63% Source: “What is the value of community colleges?” nSPARC, 2014

  3. By 2018 Framing the Conversation • Mississippi is forecasted to rank 4th in the nation as a state with jobs for high school dropouts. • Mississippi will rank 50th in the nation as a state with jobs for people with bachelor’s degrees. Source: Projections of Jobs and Education Requirements Through 2018, Georgetown University, Center for Education and the Workforce

  4. Today in Mississippi • Mississippi ranks 19thin the nation for jobs that require some education and training beyond high school, but not a bachelor’s degree. • Yet, only 21 percent of community college students are enrolled in Career and Technical programs. Source: Projections of Jobs and Education Requirements Through 2018, Georgetown University, Center for Education and the Workforce

  5. Today in Mississippi • There are 226,000 prime working-age individuals without a high school diploma. • It would take the K-12 system 10 years to produce that many new high school graduates.

  6. Average first five years salary by degree type Source: nSPARC, 2014

  7. Mississippi Association of Community and Junior Colleges FY 2016 Legislative Recommendations

  8. PRIORITY ONE MID-LEVEL FUNDING TABLES $70,125,196* An additional $2,130 per student is needed to achieve Mid-Level Funding. *One-half of total needed to reach MLF

  9. Mid-Point Salaries MID-LEVEL FUNDING The difference between the CJC Average salary and Mid-Point is estimated to be $6,124 or 13%. One-third of new funds are designated for faculty salaries. • Mid-Point • Salaries • Mid-Level • Funding • Is the Path

  10. PRIORITY ONE Mid-Level Funding • On a per student basis, community colleges are getting 62 percent of what the Mid-Level Funding Act of 2007 promised. MID-LEVEL FUNDING –APPROPRIATION AS PERCENTAGE BELOW MLF

  11. FY 2015 DISTRIBUTION OF EDUCATIONAL FUNDING GENERAL FUND for EDUCATION Community Colleges receive only 7 cents of each dollar the state spends on Education.

  12. PRIORITY TWO Capital Improvements $86 Million • $27 million General Obligation Bonds • $12 million Capital Expense Fund, R&R • $50 million Educational Technology • $9 million MCCB State Headquarters Building • Funds will be distributed: one-half evenly among the 15 colleges and the other half based on enrollment.

  13. Dropout Recovery • New GED Test based on Common Core • Computer-based GED Test • Enrollment and GED pass rates have declined significantly.

  14. PRIORITY THREE • DROPOUT RECOVERY$9,012,000 TABLES • Adult Basic Education and GED Preparation • Provide the same level of state support per ABE/GED student as a student enrolled in regular college-level programs: • 3,500 dropouts served at FTE value of $3,432 = $9,012,000

  15. MI-BEST MODEL Dropout Recovery Basic Employability Skills Training • Also known as “Integrated Career Pathways” • Pairing Adult Education instructor with CTE instructor • Contextualized basic skills instruction specific to a career area, i.e., Math for Welders • Opportunity for multiple credentials, i.e., Basic Computer Literacy, OSHA, Career Readiness Certificate • Also targets Developmental Ed students not suited for an academic pathway.

  16. ONE VOICE FY 2016 MACJC Legislative Recommendations Endorsed by • Mississippi Community College Board • Mississippi Community and Junior College Trustees Association • Mississippi Community and Junior College Inter-Alumni Association • Mississippi Faculty Association for Community and Junior Colleges • Mississippi Association for Adult and Continuing Education • Community College Student VOICES Organization

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