A Quick Glance At Demographic and Finance-Related Information Educating Illinois Task Force Spring 2007.

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Presentation transcript:

A Quick Glance At Demographic and Finance-Related Information Educating Illinois Task Force Spring 2007

Males Females CUMULATIVE LIFETIME EXPECTED EARNINGS (dollars in millions)

Demographics

International Comparison: Higher Education Participation and Completion Source: National Center for Public Policy and Higher Education; based on data from the Organisation of Economic Co- operation and Development (OECD). Data are for 2003.

International Comparison: Higher Education Attainment Source: National Center for Public Policy and Higher Education; based on data from the Organisation of Economic Co-operation and Development (OECD). Data represent the percentage of adults with an associate’s degree or higher in 2003.

Sources: Postsecondary Education OPPORTUNITY Participation Rates: U.S. and Illinois 38 percent of the 18 to 24 year old population in the United States (civilian, noninstitutionalized) was enrolled in college in fall percent of the 18 to 24 year old population from low- income families in the United States were enrolled in college in fall Participation rate for Illinois – 25.7 percent Gap in college participation rates between students from low income families and students from all families – 12.6 percent – widest gap since fiscal year 1993.

Sources: WICHE

Sources: Measuring Up, IGPA Preparation and Participation: Illinois 82 percent of year olds had a high school diploma in 2006; 5 percent a GED 10 percent of low-income 8 th graders scored at or above ‘proficient’ on national assessment exam in math Eighth graders scoring at or above ‘proficient’ on the national assessment exam in 2006: –29 % in math –31 % in reading –27 % in science

Sources: Measuring Up, IGPA Preparation and Participation: Illinois 42 percent: chance for young adults (age 19) to enroll in college (2006) –6.2 percent high school drop out rate –75 percent high school graduation rate 35 percent of 18 to 24 year olds were in enrolled in college in 2006 For every 100 Chicago Public School students 54 graduate from high school by age enter a four year college

Source: NCES data as reported by ISU Center for Study of Education Policy Student Migration 78,957 – number of Illinois high school graduates who enrolled in college or university in fall percent of the total number of Illinois high school graduates enrolled in a college or university out-of-state in fall 2004 (19,183) 8,675 – number of students from other states that entered an Illinois college or university in fall 2004 Illinois one of only six states with net out-migration; consistently ranks as second highest negative exporter (New Jersey highest) Illinois migrants primarily go to institutions located in states bordering or near to Illinois: Iowa, Wisconsin, Indiana, Missouri (largest importers)

Source: ISU Center for Study of Education Policy Student Migration Illinois student migrants typically attend large, nationally- ranked public research universities with a Big Ten culture Students look for quality and prestige, and then look for institutional fit Decisions for those who migrate out-of-state centers on getting the lowest overall cost Illinois students attending out-of-state institutions typically attend institutions that award high institutional grants and scholarships

State Funding for Higher Education And Other Budget Related Information

State of Illinois Fiscal Year 2007 General Funds Appropriations

State Tax Appropriations Changes by Agency

Future Pressures for New State Funds Health Care –Governor’s Initiatives –Costs for retirees Retirement –$43 billion in unfunded liability – highest in nation –$613 million required in FY2008, $661 million in FY2009, and $709 million in FY2010 Elementary and Secondary Education Medicaid/Medicare

State Capital Improvements: FY2008 Illinois Higher Education $1.8 billion requested by colleges and universities $607 million recommended by IBHE Huge backlog of capital needs at colleges and universities as well as for state agencies Illinois State University $203 million requested $4.3 million recommended by IBHE for planning Fine Arts Complex Renovation; Governor’s budget includes $44 million for planning and renovation No new funding for capital since FY2004

Fall 2005 Salaries Administrative/Professional –Average salaries approximately 8 percent above average salary for staff in comparable positions at similar institutions. Civil Service –Average salary for civil service staff lags average salary for all civil service staff at other public universities by 5.1 percent –Average salary for civil service staff exceeds the average salary for civil service staff at other public universities who work in job titles in which Illinois State has employees by 1.2 percent.

Source: Illinois Board of Higher Education

Source: Data from Washington State Survey as reported by Midwestern Higher Education Commission

Higher Education Public Policy Groups Current Interests Spellings Commission –A Test of Leadership: charting the Future of U.S. Higher Education –Recommendations focus on improving: access, affordability, and accountability National Conference of State Legislatures –“Reform” of Higher Education among top ten issues for 2007 session –Transforming Higher Education: National Imperative – State Responsibility, NCSL (October 2006); among report’s recommendations” –Clear State goals –Hold institutions accountable –Rethink funding, student aid –Reduce student borrowing and debt –Recommit to access and success