Higher education: investing in idaho

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Presentation transcript:

Higher education: investing in idaho President chuck staben University of idaho Idaho association of counties June 5, 2018

Idaho is our campus “IAC promotes county interests, encourages ethical behavior, advocates good public policy on behalf of Idaho counties, supports best practices, and provides education and training to assist Idaho county officials in performance of public service.” “The University of Idaho is the state’s land-grant research university. From this distinctive origin and identity comes our commitment to enhance the scientific, economic, social, legal and cultural assets of our state and to develop solutions for complex problems facing our society. We deliver focused excellence in teaching, research, outreach and engagement in a collaborative environment at our residential main campus in Moscow, regional centers, extension offices and research facilities across Idaho. Consistent with the land-grant ideal, our outreach activities serve the state as well as strengthen our teaching, scholarly and creative capacities statewide.”

Income by educational attainment Increasing returns for higher education “In 2017, the employment rate was higher for young adults with higher levels of educational attainment than for those with lower levels of educational attainment. For example, the employment rate was 86 percent for young adults with a bachelor's or higher degree and 57 percent for those who had not completed high school.” SOURCES: College Board, National Center for Education Statistics

PER CAPITA INCOME VS BACHELOR’S DEGREE ATTAINMENT BY STATE, AGE 25-64 Idaho Per Capita Income 2017: $40,507 (44th) Idaho Bachelor’s Attainment, Age 25-64, 2015: 26% National Average Per Capita Income 2017: $50,392 National Average Bachelor’s Attainment, Age 25-64, 2015: 31% Per Capita Income SOURCE: Bureau of Economic Analysis (2017), U.S. Census Bureau American Community Survey (2015) Bachelor’s Attainment % Age 25-64

EDUCATIONAL ATTAINMENT & INCOME BY COUNTY, AGE 25+ PS% HS% MHI Boundary 30.3 62.6 $37 Bonner 22.3 60.4 $41.4 Kootenai 33.4 58.8 $49 Benewah 19.8 67.7 $39 Latah 51.4 43.9 $41.7 Shoshone 22.1 62.7 $38.4 Clearwater 23.8 61 $40.1 Nez Perce 30.6 59.4 $46.5 Lewis 25.1 63.2 $36 Idaho 22 66.9 $37.3 Adams 29 63.7 $35.4 Washington 22.8 59 $37.5 Payette 25.2 60.2 $43.6 Gem 21.5 64.8 $44.4 Canyon 24.5 58.2 $42.1 Ada 44.5 49.1 $55.2 Owyhee 14.3 61.1 $32.2 EDUCATIONAL ATTAINMENT & INCOME BY COUNTY, AGE 25+ PS = % Postsecondary degree attainment HS = % High school completion highest MHI = Median household income (thousands) COUNTY PS HS MHI Valley 40.9 51.5 $50.5 Lemhi 31.5 58.9 $34.1 Custer 30.3 59.3 $39.5 Boise 57.6 $41.1 Elmore 27 57 $42.8 Blaine 50.8 39.8 $64 Camas 27.3 56.9 $41.2 Gooding 20.2 54.4 $37.1 Lincoln 17.2 57.2 $42.4 Jerome 19.4 $40.1 Minidoka 18.3 57.4 $43.3 Twin Falls 27.1 56.6 $43.9 Cassia 25.1 52.9 $42 Oneida 23.2 69.9 $40.8 COUNTY PS HS MHI Power 21.3 59 $44.2 Bannock 36 55.7 $43.5 Bingham 26 58.6 $47.9 Butte 22.3 66.9 $41.1 Clark 18.9 51.1 $33.2 Jefferson 33.9 57.5 $52 Fremont 30 57.9 $44.5 Madison 48.5 46.5 $32.1 Teton 40.5 47.3 $53.9 Bonneville 36.5 54 $50.9 Caribou 25.6 63.1 Bear Lake 25.1 65.6 $45 Franklin 24.6 67.4 SOURCE: https://statisticalatlas.com/state/Idaho/Educational-Attainment SOURCE: https://statisticalatlas.com/state/Idaho/Household-Income

FAFSA COMPLETION BY SCHOOL DISTRICT 2017-2018 CYCLE THROUGH 15 MONTHS 2018-2019 CYCLE THROUGH MAY 2018 SOURCE: https://studentaid.ed.gov/sa/about/data-center/student/application-volume/fafsa-completion-high-school

IDAHO “GO-ON” RATES BY COUNTY – 2015 COHORT Boundary 30.3 Ada 44.5 Clark - Bonner 22.3 Boise 47.4 Fremont 26 Kootenai 33.4 Owyhee 14.3 Madison 27 Benewah 19.8 Valley 40.9 Teton 35 Latah 51.4 Lemhi 29 Jefferson 31 Shoshone 22.1 Custer 57 Bonneville 38 Clearwater 23.8 Elmore 33.9 Bingham Nez Perce 30.6 Blaine 47 Caribou Lewis 25.1 Camas Bannock 42 Idaho 22 Gooding Oneida 16 Adams Twin Falls Franklin 18 Washington 22.8 Jerome 34 Bear Lake Payette 25.2 Cassia 39 Power Gem 21.5 Minidoka 36 Lincoln Canyon 24.5 Butte 65 IDAHO GO-ON RATE, 2016: 45% U.S. GO-ON RATE, 2015: 69% SOURCE: Idaho State Board of Education, https://boardofed.idaho.gov/publications-research/statistics, National Center for Education Statistics, https://nces.ed.gov/fastfacts/display.asp?id=372

Workforce projections IDL “Hot JOBS” & STEM Require Higher Education By 2024 61% of workers are projected to have a greater than high school education 29% are projected to have a bachelor’s degree or higher STEM science, engineering, math, IT projected to increase 26% in Idaho vs. 8.8% U.S. growth from 2014-2024 SOURCE: Idaho Department of Labor, “Labor Market Projections for Idaho Industries and Occupations: 2014-2024”

UNIVERSITY OF IDAHO ALUMNI Current Idaho-resident Vandal alumni, total: 45,926 COUNTY ALUMNI Boundary 308 Bonner 1,499 Kootenai 6,357 Benewah 379 Latah 7,705 Nez Perce 2,040 Lewis 288 Shoshone 470 Clearwater 353 Idaho 642 Adams 139 Valley 532 Washington 278 Payette 403 Gem 273 COUNTY ALUMNI Boise 119 Canyon 2,500 Ada 12,955 Owyhee 160 Elmore 317 Lemhi 239 Custer 136 Blaine 515 Camas 55 Gooding 284 Twin Falls 1,653 Jerome 370 Cassia 232 Minidoka 261 Butte 29 COUNTY ALUMNI Clark 7 Fremont 115 Madison 223 Teton 104 Jefferson 244 Bonneville 2,296 Bingham 409 Caribou 69 Bannock 690 Oneida 26 Franklin 57 Bear Lake 30 Power 95 Lincoln 70 SOURCE: University of Idaho

Building idaho’s future CENTER FOR AGRICULTURE, FOOD AND THE ENVIRONMENT A research resource for key industries and growth Will serve Idaho’s emerging industries, food production & processing The largest research dairy in the United States – 2,000 cows An interdisciplinary project led by CALS, supported by other units IDAHO CENTRAL CREDIT UNION ARENA A home for excellence and a showcase for Idaho Critical facility for success on the court and in the classroom, offering a dynamic teaching laboratory with hands-on learning opportunities Showcase for the potential of the wood products industry and the use of Idaho’s sustainable resources Naming rights and broad support put $45 million project within reach

Thank you