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JOBS Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community.

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Presentation on theme: "JOBS Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community."— Presentation transcript:

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2 JOBS Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community colleges by Mississippi taxpayers, an additional $3.86 is collected in state and local taxes over a working lifetime Source : “What is the value of community colleges?” nSPARC, 2014

3 JOBS Mississippi community colleges produce an overall return on investment (ROI) of 4.86 to Mississippi taxpayers. For every $1 invested in community colleges by Mississippi taxpayers, an additional $3.86 is collected in stat and local taxes over a working lifetime Source : “What is the value of community colleges?” nSPARC, 2014 Academic 9,206 Technical2,434 Career985 Workforce7,662 Secondary1,003 ABE/GED1,010 TOTAL 22,320 Avg. Age25 Avg. ACT Score19 Male37% Female63% Use your college data here

4 JOBS By 2018 Framing the Conversation Mississippi is forecasted to rank 4 th in the nation as a state with jobs for high school dropouts. Mississippi will rank 50 th in the nation as a state with jobs for people with bachelor’s degrees. Source: Projections of Jobs and Education Requirements Through 2018, Georgetown University, Center for Education and the Workforce

5 JOBS Today in Mississippi Mississippi ranks 19 th in the nation for jobs that require some education and training beyond high school, but not a bachelor’s degree. Yet, only 21 percent of community college students are enrolled in Career and Technical programs. Source: Projections of Jobs and Education Requirements Through 2018, Georgetown University, Center for Education and the Workforce

6 JOBS Today in Mississippi There are 226,000 prime working-age individuals without a high school diploma. It would take the K-12 system 10 years to produce that many new high school graduates.

7 JOBS Average first five years salary by degree type AA – Associate of Arts (2-year degree) $30,417 AAS - Associate of Applied Sciences (2-year degree) $38,048 BA or BS - Bachelor’s (4-year degree) $39,607 Source: nSPARC, 2014

8 JOBS Mississippi Association of Community and Junior Colleges FY 2016 Legislative Recommendations

9 JOBS TABLES PRIORITY ONE MID-LEVEL FUNDING $70,125,196* STATE FUNDING PER STUDENT FY 2013 PUBLIC K-12$4,865 COMMUNITY COLLEGES$3,432 MID-LEVEL FUNDING$5,562 REGIONAL UNIVERSITIES$6,258 An additional $2,130 per student is needed to achieve Mid-Level Funding. *One-half of total needed to reach MLF

10 JOBS Mid-Point Salaries MID-LEVEL FUNDING Mid-Level Funding Is the Path Mid-Point Salaries ENTITYEst. 2015 Universities $68,740 Com. Colleges $50,647 Mid-Point $56,408 K-12 $44,076 The difference between the CJC Average salary and Mid-Point is estimated to be $6,124 or 13%. One-third of new funds are designated for faculty salaries.

11 JOBS PRIORITY ONE Mid-Level Funding – On a per student basis, community colleges are getting 62 percent of what the Mid-Level Funding Act of 2007 promised. MID-LEVEL FUNDING –APPROPRIATION AS PERCENTAGE BELOW MLF 200720082009201020112012201320142015 -28%-17%-16%-21%-36%-39%-37%

12 JOBS FY 2015 DISTRIBUTION OF EDUCATIONAL FUNDING GENERAL FUND for EDUCATION Community Colleges receive only 7 cents of each dollar the state spends on Education.

13 JOBS PRIORITY TWO Capital Improvements $86 Million $27 million General Obligation Bonds $ 12 million Capital Expense Fund, R&R $50 million Educational Technology $9 million MCCB State Headquarters Building Funds will be distributed: one-half evenly among the 15 colleges and the other half based on enrollment.

14 JOBS Dropout Recovery New GED Test based on Common Core Computer-based GED Test Enrollment and GED pass rates have declined significantly.

15 JOBS TABLES PRIORITY THREE DROPOUT RECOVERY $ 9,012,000 1.Adult Basic Education and GED Preparation Provide the same level of state support per ABE/GED student as a student enrolled in regular college-level programs: 3,500 dropouts served at FTE value of $3,432 = $9,012,000

16 JOBS MI-BEST MODEL Dropout Recovery Also known as “Integrated Career Pathways” Pairing Adult Education instructor with CTE instructor Contextualized basic skills instruction specific to a career area, i.e., Math for Welders Opportunity for multiple credentials, i.e., Basic Computer Literacy, OSHA, Career Readiness Certificate Also targets Developmental Ed students not suited for an academic pathway. Basic Employability Skills Training

17 JOBS ONE VOICE FY 2016 MACJC Legislative Recommendations Endorsed by Mississippi Community College Board Mississippi Community and Junior College Trustees Association Mississippi Community and Junior College Inter-Alumni Association Mississippi Faculty Association for Community and Junior Colleges Mississippi Association for Adult and Continuing Education Community College Student VOICES Organization

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