Higher Education & Workforce Development: Friend or Foe

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Presentation transcript:

Higher Education & Workforce Development: Friend or Foe August 11, 2016 Higher Education & Workforce Development: Friend or Foe Todd Harmening System Director for Planning Minnesota State system office

There is a growing need for an educated workforce in the Twin Cities metropolitan area 2010 2020 2030 2040 Population 2,850,000 3,144,000 3,447,000 3,743,000 Employment 1,548,000 1,743,000 1,943,000 2,118,000 Incremental employment 195,000 395,000 570,000 Incremental employees needed with post-secondary credentials 144,300 292,300 421,800 Incremental employees needed with baccalaureate degrees 74,170 150,242 216,805

Focus Twin Cities metro baccalaureate programming on high growth, high demand sectors Financial Services Health & Life Sciences Food & Water Solutions Advanced Manufacturing & Technology Headquarters & Business Services

Baccalaureate graduates are needed to advance every sector of Minnesota’s economy. Graduates who… are creative, innovative, and able to respond with agility to new ideas, new technologies, and new global relationships; have the ability to think independently and critically; are able to resourcefully apply knowledge to new problems; proactively expect the unexpected, embrace change and be comfortable with ambiguity; are able to communicate and work effectively across cultural and geographic boundaries.

Targets for Baccalaureate Degrees Awarded by Minnesota State Universities in the Twin Cities Metro Area Metropolitan State University Greater Minnesota Universities Annual Graduates Current 2020 2025 Target 1,800 3,000 5,000

Primary dynamics driving Minnesota State discussion around baccalaureate completion Balance student, workforce, and campus interests in advancing baccalaureate options and experiences Enhance collaboration between two- and four-year institutions for student pathways and support Provide accessible options for low-income, part-time, place-bound, and/or diverse student populations