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National Overview of College Access & Success. Michelle Asha Cooper, PhD Edward Smith President Research Analyst mcooper@ihep.org esmith@ihep.org. Empowering & Educating Communities Young Elected Officials Network 2012 National Convening June 22, 2012 Washington, D.C. PRESENTED BY
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National Overview of CollegeAccess & Success Michelle Asha Cooper, PhD Edward Smith President Research Analyst mcooper@ihep.org esmith@ihep.org Empowering & Educating Communities Young Elected Officials Network 2012 National Convening June 22, 2012 Washington, D.C. PRESENTED BY The Institute for Higher Education Policy
About IHEP • Our Vision • The Institute for Higher Education Policy (IHEP) envisions a world where all people—particularly populations who have been underserved—have the opportunity to reach their full potential by participating and succeeding in higher education. • Our Mission • IHEP is committed to improving college access and success in higher education for all students—with a special focus on underserved populations—by providing timely research to inform public policy decisions.
Pop Quiz • Access • What percentage of all Americans enroll in college? • What percentage of low-income students enroll in college? • Success • What percentage of all Americans graduate from college within 6 years? • What percentage of low-income students graduate from college within 6 years? • Affordability • How much is the average student loan debt?
Low-income children are less likely to enroll in college, less likely to graduate
Highest Level of Attainment by Low-Income Young Adults, 2008 (by percent) Source: IHEP (2010). Portraits of Low-Income Young Adults
The College Completion Agenda • Obama Administration’s Education Goal: • The President's Bold Goal: Have the highest proportion of college graduates in the world by 2020. • The Lumina Foundation for Education: • Increase the percent of Americans with a two or four year degree from 37.9% to 60% by 2025 • The College Board: • At least 55 percent of the U.S. population holds a college degree or certificate by 2025
Drivers of the College Completion Agenda • Global Imperative • Globalized knowledge economy • 21st Century consciousness • Economic Imperative • Current labor market signals • Future workforce readiness • Equity Imperative • Fastest-population growth occurring among racial/ethnic minorities • Growing need to reengage and retrain growing number of adult learners • Stratification along socioeconomic status
Trends in College Affordability • College costs have grown nearly 40 percent in the past 5 years • 60 percent of all college graduates leave college with debt • The average graduate leaves college with about $26,000 in debt • Between 2001 and 2010, 2 million academically qualified students will not go to college because they cannot afford it
Financial Need Contributes to Failure to Complete Too much work Too little sleep Failure to complete Work/Loan Burden Too little studying Stress Poor grades Housing and food insecurity Part-time enrollment Source: CLASP, 2011
A New Map of Placed-based Need Workforce development 69 MSAs Target programs 59 MSAs Large-scale investment 95 MSAs Capacity building 44 MSAs