State University System of Florida Board of Governors November 6, 2014

Business Leaders for Michigan 2 820,000 Indirect Michigan Jobs 320,000 Direct Michigan Jobs 25% Michigan Economy $1 Trillion Annual Revenue

3 140,000 Students $1.8B R&D $16B Economic Impact Business Leaders for Michigan

Our Work 4 Develop Fact- Based Growth Strategies Shape the Debate Advocate for Public Policy Champion Initiatives

5 Strategic plan for the state Holistic Long-term Sets parameters for our work Michigan Turnaround Plan

6

7 Engineering TalentLocationAuto Industry Natural Resources Health & Medical Expertise Colleges & Universities Michigan Turnaround Plan

Getting to Top Ten: The Role of Higher Education 8 Higher Education Marketplace Talent Production Economic Impact

9 41 st Per Capita State Support 6 th Highest Tuition Michigan went from Top Ten to Bottom Ten in college affordability in a decade. Talent Production: Affordability

10 By 2022, fund Michigan’s universities at a level comparable to Top Ten states Base funding on output performance compared to national peers Provide greater transparency on input metrics Grow out-of-state enrollments (without reducing in-state access) to fill talent gap & diversify revenues Talent Production: Our Proposal

11 Critical skill degrees R&D 6 year graduation rate Total degrees Institutional support Pell grants Metrics Carnegie peers Methodology Talent Production: Our Proposal

12 Public Low value placed on higher education Lack of awareness of cost shift Legislature Perceived out of control costs Too many colleges? Question importance of more degrees Colleges Variable performance Variable relationships Few external champions Talent Production: Challenges We Face

13 Business Inform Increase transparency Advocate Universities Control costs Strengthen relationships Activate supporters Demonstrate impact Talent Production: How We Went to Work

Business: Inform 14 MediaTown HallsRadio NewslettersPolls

15 Business: Increase Transparency

16 LobbyingPublic EngagementCampus Outreach Social Media PortalPAC Support Business: Advocate

17 Universities: Control Costs

18 State as Major Donor vs. Funder Universities: Strengthen Relationships

19 Universities: Activate Supporters

Universities: Demonstrate Impact 20

Economic Impact: How We Went to Work 21 Business Grow VC Grow internships Expand research partnerships Universities Promote entrepreneurship Make economic development a priority

Results to Date 22  Secured nearly 100% media support  Increased public support by 25%  Stopped decade of budget cuts  Adopted performance-based funding system  Increased state appropriations 2X national average over last three years  Out-of-state enrollments up without political push- back  Economic impact growing

Looking Forward 23  3 years into a decade-long effort  Develop a long-term vision for higher education in Michigan ­ Collaboration ­ Funding ­ Public trust ­ Alignment between curricula & jobs ­ Growing enrollments & graduates