1. The Postsecondary Challenge: More Degrees for the Dollars We Spend Travis Reindl ECS National Forum on Education Policy Austin, TX July 1, 2008

2. Slide 2 The Attainment Challenge: Adults with a College Degree, 2005 SOURCE: NCHEMS

3. Slide 3 The Attainment Challenge: Change in 18-44 Year Old Population, 2005-2025 SOURCE: U.S. Census Bureau

4. Slide 4 The Finance Challenge: Too Much on Price, Not Enough on Cost SOURCE: AGB Association of Governing Boards Survey (2007) QUESTION: Did you present expenditures per student (not tuition or room and board costs) to your governing board at any time in the 2006 fiscal year? [all institutions; n=700]

5. Slide 5 The Finance Challenge: Short and Long Term Fiscal Squeeze Short Term: Recession spells trouble for higher education budgets; growing number of states making or planning cuts. Long Term: Competition for public resources will intensify as the population ages, leaving higher education vulnerable: >Higher education’s share of state budgets continues to fall, from 13% in FY97 to 11.2% in FY07. >Every state faces spending commitments that will outpace revenues. SOURCES: NASBO; Rockefeller Institute

6. Slide 6 The Political Challenge: A Worried Public SOURCES: NCPPHE, Public Agenda

7. Slide 7 The Political Challenge: A Skeptical Public AMERICANS ARE SPLIT ON THE QUESTION OF WHETHER MORE SPENDING BY COLLEGES IS LEADING TO MORE LEARNING FOR STUDENTS SOURCES: NCPPHE, Public Agenda

8. Slide 8 A Productivity Agenda for Higher Education Recasting state finance systems to reward institutions for graduating students, not just enrolling them. Increasing the efficiency and cost-effectiveness of academic programs and administrative operations. Aligning resources in ways that allow institutions to serve more students.

9. Slide 9 For More Information Travis Reindl Program Director Jobs for the Future 88 Broad Street Boston, MA 02110 617.728.4446 treindl@jff.org www.makingopportunityaffordable.org