College in Maine Smarter Maine People Smarter Maine People Better Maine Jobs Brighter Maine Future
Legislative Breakfast 2007Maine Higher Education Council Members of the Maine Higher Education Council are: The Presidents of 33 public and private colleges and universities in Maine The Chancellor of the University of Maine System The President of the Community College System The Commissioner of Education and the Department of Education Director of School Support Systems
Legislative Breakfast 2007Maine Higher Education Council About Maine’s Colleges and Universities We service over 64,000 students 75% of our students are from Maine Our campuses are located in all reaches of the state Students all over the world are taking thousands of web-based credit hours from Maine colleges and universities
Legislative Breakfast 2007Maine Higher Education Council Benefits to Maine’s Economy… We provide nearly 14,000 jobs And an additional 5100 work-study jobs Wages and salaries = $500 million annually Combined operating budgets total nearly $800 million 30% goes to purchase goods and services directly from Maine vendors
Legislative Breakfast 2007Maine Higher Education Council More Benefits to Maine’s Economy… Nearly $200 million in capital projects currently under construction Approximately $65 million drawn to Maine annually for R&D projects Out of state students bring $ with them Colleges and Universities contribute dollars and services at the local level
Legislative Breakfast 2007Maine Higher Education Council Dollars and “Sense” for the Individual… College graduates earn about $1 million more over a lifetime than those who are only high school graduates Associate degree holders earn 17% more Bachelor degree holders earn 49% more Advanced degree holders earn 205% more
Legislative Breakfast 2007Maine Higher Education Council Dollars and “Sense” for Maine’s Economy… As earnings rise, unemployment falls Increased earnings translate into higher tax revenues and increased spending
Legislative Breakfast 2007Maine Higher Education Council We’re A Very Stable Industry in an Unstable Economy… Higher education jobs are projected to grow nearly 23% through 2012 Enrollments are up Higher education is one industry where employment and enrollments tend to increase even in economic hard times
Legislative Breakfast 2007Maine Higher Education Council So What Are We Worried About? Not enough Maine residents go to college Many of those that do are not “college ready” Workforce needs are changing, forcing colleges and universities to adapt quickly More competition for fewer students Increased federal scrutiny
Legislative Breakfast 2007Maine Higher Education Council Not Enough Maine Residents Go To College Maine has one of the top high school completion rates in the country, but only 50% go on to college
Legislative Breakfast 2007Maine Higher Education Council Many High School Graduates Are Not College Ready 42% of first-year students are unprepared for college Remediation costs BILLIONS of dollars Remediation hurts Retention & Graduation Rates
Legislative Breakfast 2007Maine Higher Education Council Post-Secondary Education Source: Kirst, M. (2004). The high school/college disconnect. Educational Leadership, 62(3),
Legislative Breakfast 2007Maine Higher Education Council Increased Federal Scrutiny The Commission on the Future of Higher Education released its report in September 2006 Secretary Spellings priorities include: –Preparing students better for college –Addressing the affordability issue –Holding colleges “accountable” for student records and outcome data
Legislative Breakfast 2007Maine Higher Education Council What We’re Doing… Working collaboratively with each other, Maine Readiness Campaign, DOE and others to improve college readiness in Maine Being accountable for college academic progress through the accreditation and assessment process. Communicating about: Who we are and why Maine is the best location for education What courses a student needs to be ready for college How to apply and pay for college
Legislative Breakfast 2007Maine Higher Education Council
Legislative Breakfast 2007Maine Higher Education Council What Maine Legislators Can Do… Invest in higher education at every opportunity Advertise the superior quality, diversity, and importance of Maine’s colleges and universities Keep long-term benefits in mind when making short-term budget decisions Pass the Revised Maine Learning Results
Legislative Breakfast 2007Maine Higher Education Council Thank you!