Moving Forward Presentation to the Commission April 1, 2011

“By 2020, America will once again have the highest proportion of college graduates in the world.” February 24, 2009 The Challenge Set by President Obama 2

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What We Know U.S. Lags Other Countries in Higher Education Completion Lifetime Earnings Are Greater for Those with More Education Annual Income Increases with Additional Education Unemployment During Recessions is Worst for Those with Least Education By 2018, 54% of Illinois Jobs Will Require Associate’s Degree or More Currently, 41% of IL Residents Age 25 – 64 have an Associate’s or More 4

Unemployment is greater for those with less education 5 Source: Bureau of Labor Statistics, 2009

Students-in-Need Do Not Complete College 6 Source: Goldberger, Susan, “Doing the Math: What It Means to Double the Number of Low-Income College Graduates,” Minding the Gap: Why Integrating High School with College Makes Sense and How to Do It, 2007.

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Big Goal Help Illinois Increase to 60% the Proportion of Adults with a High Quality Post-Secondary Credential by 2025 Specifically, Help Illinois Increase to At Least 45% the Post-Secondary Attainment Rate of Low- Income Students 8

Goal is Consistent with Major Foundation Goals Lumina’s “Big Goal”: Increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025 Gates Foundation Goal: Double the number of low- income adults who earn a college degree or credential with genuine marketplace value by age 26 Complete College America: Only national organization focused solely on supporting states to dramatically improve college completion rates. 9

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ISAC Can Help Illinois Meet College Attainment Goal I. Build external support to foster systemic change II. Provide high quality, informed research III. Improve high school to college transition IV. Support students in college or returning to college V. Help families pay for college VI. Align agency financial strategies and support services with program goals 11

I. Build External Support for Big Goal 12

Build External Support for Big Goal Many Adopted the 60% by 2025 Goal: P-20 Council Higher Education Finance Commission IBHE Public Agenda Lieutenant Governor visiting campuses to promote “60 x 25” Complete College America Lieutenant Governor, Legislators, IBHE, ICCB, ISAC, University Chancellors, Business Members--strategies to reach 60 x 25 Senator Maloney’s SB 1773-funding for higher education based on completion performance Representative Pritchard’s HB 1710-builds on the College Illinois Corps to provide outreach activities for students who would be first in their families to attend college 13

II. Provide High Quality, Informed Research 14

Provide High Quality, Informed Research Build Database to Measure Progress Toward Goal Maintain Active Role in Longitudinal Data System Development As Superior Research Tool Emphasize Program Evaluation of ISAC Efforts and Partnerships Engage Outside Researchers in Higher Education Policy Questions Lead Higher Education Research Partnership Make Research Available and Accessible 15

III. Improve High School to College Transition for Students- in-Need 16

Large Portions of Illinois have Less Than 50% College Completion 17 Regional Gaps in College Attainment Hamper Economic Growth Percent of population, 25-64, with associate’s degree or higher. Regional variations in college credentials show large gaps — and opportunities — in raising the level of educational attainment in Illinois. Source: 2006 ACS (PUMS)

Summary of the Problem 18 Source: “The Illinois Public Agenda for College and Career Success,” Illinois Board of Higher Education, 2009, p 4.

Improve High School to College Transition for Students-in-Need Expand ISAC Role in College and Career Planning, including Outreach, Match to the Right School, Financial Aid Awareness, Support, Good Decision- Making, and Program Quality Expand College Illinois Corps Develop Formalized Certification for Counselors and College Access Professionals Take FAFSA Completion Initiative Statewide Provide Tools for Schools and Students, including What’s Next Illinois and transcript service 19

IV. Support Students in College or Returning to College 20

Current educational levels are not sufficient for the jobs of

Support Students in College or Returning to College Develop Strategies for: Students who were in College Illinois Corps programs and are now in college Recipients of ISAC-administered Programs- MAP, including 2+2 Pilot Adults Returning to School Veterans Postsecondary Institutions – ISAC’s interaction and support Evaluate How Call Center Can Advance Completion 22

V. Help Families Pay for College 23

Help Families Pay for College Reduce Financial Barriers through: College Illinois! Prepaid Tuition Program 17 ISAC-administered Gift Assistance Programs Monetary Award Program (MAP) Recognize role of loans in reaching completion goal 24

VI. Align Agency Financial and Support Services with Program Goals 25

Align Agency Financial Strategies and Support Services with Program Goals Recognize Role of Debt Management, IDAPP and Other Areas in Generating and Managing Revenue to Support Agency Redesign Internal Budget Development Process to Focus on Goals Review and Realign Regulations with Completion Goal Evaluate Ways Agency Support Units Can Align with Strategic Direction 26

Summary of Strategic Direction I. Build external support to foster systemic change II. Provide high quality, informed research III. Improve high school to college transition IV. Support students in college or returning to college V. Help families pay for college VI. Align agency financial strategies and support services with program goals 27

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U.S. Lags Other Countries in Higher Education Completion Percent of Adults with Associates Degrees or Higher by Age-Group Leading OECD Countries and the U.S. (2006) Source: OECD, Education at a Glance (2008) 29

Individual Return to Education: Lifetime Earnings Are Greater for Those with More Education 30 Source: Georgetown University Center on Education and the Workforce, Help Wanted: Projections of Jobs and Education Requirements through 2018, June 2010, Figure 5.6

Annual Income Increases with Additional Education Source: US Census, Current Population Survey professional phd master’s bachelor’s associate some college high school From presentation by Dewayne Matthews, Lumina Foundation, to IBHE, June,

Unemployment During Recessions is Worst for those with the Least Education Source: US Census, Current Population Survey Recession of November 73 to March 75 High school dropout Bachelor’s Some college High school graduate Recession of January 80 to July 80 Recession of July 81 to November 82 Recession of July 90 to March 91 Recession of March 01 to November 01 Recession of December 07 to present From presentation by Dewayne Matthews, Lumina Foundation, to IBHE, June,

By 2018, 54% of Illinois Jobs Will Require Associate’s Degree or More Education LevelProjected Jobs in 2018% of Jobs TOTAL6,901,000100% HS Dropout699,00010% HS Graduate1,820,00026% Some College, No Degree621,0009% SUBTOTAL: Jobs Requiring Associate’s or Higher 3,761,00054% Associate’s1,510,00022% Bachelor’s1,468,00021% Graduate783,00011% Source: Help Wanted report 33

Currently, 41% of IL Residents Age 25 – 64 Have Associate’s Degree or More Source: Lumina Foundation from U.S. Census Bureau, 2008,American Community Survey, 34