INDIANA’S GREATEST CHALLENGES —AND ITS GREATEST HOPE
STATES WITH A 10% OR GREATER INCREASE IN 4TH GRADERS ON FREE/ REDUCED LUNCH,
STATES WITH LOWER COLLEGE ATTAINMENT RATES THAN INDIANA
PROBLEM
BIG 10 STATES WITH LOWER ATTAINMENT RATES: 0
INDIANA FACES BIG COMPETITION AMONG BIG TEN STATES Attainment Rates Lumina Foundation – A Stronger Nation Through Higher Education
Indiana is not adequately positioned to respond to the demand for high-skilled talent and risks falling even further behind.
These data show that unless urgent action is taken, there will be a gap of 19 percent, which equates to approximately 675,000 workers, between the education, skills and knowledge demanded by Indiana's economy and the talent supply in 2025.
Of the 675,000 additional workers who will need credentials or degrees… 75% will need a certificate or an associate degree
The Solution to Indiana’s Economic Recovery The State’s Community College System
THE TOP CHOICE FOR ALL AGE GROUPS HIGH SCHOOL GRADUATES ADULT STUDENTS CHE 2012 DATA Bloomington West Lafayette Bloomington West Lafayette
UNDERGRADS FROM THE STATE CHE 2013 DATA
STUDENTS EARNING DUAL CREDITS MORE THAN $87 MILLION SAVED BY INDIANA FAMILIES
STUDENTS TRANSFERRING IVY TECH CREDIT TO PUBLIC INSTITUTIONS SAVINGS TO FAMILIES AND THE STATE: $227 MILLION
2012 HIGH SCHOOL GRADUATES ENROLLED AT IVY TECH DIPLOMA TYPE ENROLLED AT IVY TECH NEED REMEDIATIONPERCENT HONORS % CORE 406,5244,37667% GENERAL2,0301,60579% TOTAL9,3246,23367% INDIANA COLLEGE READINESS THERE IS A COST INVOLVED IN GETTING THESE STUDENTS COLLEGE READY AND THEY HAVE AN IMPACT ON COMPLETION.
13,929* GRADUATES % TOOK AN ACADEMIC SKILLS ADVANCEMENT (REMEDIAL) COURSE *The largest number of community college graduates (credentials) in the U.S.
MORE THAN 75% OF OUR STUDENTS WORK 20% OF OUR STUDENTS ARE SINGLE PARENTS MORE THAN HALF OF ALL AFRICAN- AMERICAN INDIANA UNDERGRADUATES ATTEND IVY TECH HOW IS UNIQUE MORE THAN 75% OF OUR STUDENTS WORK 20% OF OUR STUDENTS ARE SINGLE PARENTS MORE THAN HALF OF ALL AFRICAN- AMERICAN INDIANA UNDERGRADUATES ATTEND IVY TECH 43% OF INDEPENDENT STUDENTS HAVE ADJUSTED GROSS INCOME < $16K
MORE THAN 75% OF OUR STUDENTS WORK 20% OF OUR STUDENTS ARE SINGLE PARENTS MORE THAN HALF OF ALL AFRICAN- AMERICAN INDIANA UNDERGRADUATES ATTEND IVY TECH HOW IS UNIQUE 43% OF INDEPENDENT STUDENTS HAVE ADJUSTED GROSS INCOME < $16K
INDIANA’S HIGHEST RETURN ON ITS INVESTMENT IN HIGHER ED MOST AFFORDABLE LOWEST PERCENTAGE OF STUDENTS GRADUATING WITH LOAN DEBT HIGH EARNINGS IN THE FIRST YEAR AFTER GRADUATION
STUDENTS EARN A HIGH RETURN
WHAT’S HOLDING US BACK FROM REACHING THE STATE’S GOALS?
STATE FUNDING PER INDIANA STUDENT (Based on 2012 Headcount)
CURRENT RATIO TOO FEW ADVISORS 1:1,000 GOAL 1: ADVISORS NEEDED TO MEET GOAL
CURRENT RATIO – FULL-TIME VS. ADJUNCT TOO FEW FULL-TIME FACULTY 23:77 GOAL 50:50 CURRENTLY IN THE BOTTOM 10 TH PERCENTILE NATIONALLY
LAB NEEDS LIKE ANY OTHER COLLEGE SCIENCE LABS/ EQUIPMENT AUTOMOTIVE SNAP-ON & DIESEL INDUSTRIAL AUTOMATION/ ROBOTICS CENTERS OF EXCELLENCE TECHNOLOGY INSTITUTES NURSING/HEALTH SCIENCES COMPUTING INFORMATICS INFORMATION TECHNOLOGY INFRASTRUCTURE
SELLERSBURG $25 MILLION SOUTH BEND: $25 MILLION CAPITAL NEEDS MUNCIE $25 MILLION KOKOMO $25 MILLION COLUMBUS $25 MILLION LAFAYETTE $25 MILLION TERRE HAUTE $10 MILLION EVANSVILLE MEDICAL: $20 MILLION
WHAT KEEPS STUDENTS ENGAGED FULL-TIME? Food serviceStudent LifeRecreation activities IU/PU regionals Limited Not applicable
WHAT’S NEEDED TO IMPROVE INDIANA’S COMPETITIVENESS? $83.1 MILLION DEFERRED SPENDING TO DATE
INDIANA’S GREATEST CHALLENGES —AND ITS GREATEST HOPE INDIANA’S INVESTMENT IN IVY TECH MUST INCREASE