5 Alarming Trends Facing Higher Education in the Digital Age
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Transcript of 5 Alarming Trends Facing Higher Education in the Digital Age
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5 Alarming Trends Facing HigherEducation in the Digital Age
And What Can Be Done
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The End Game
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Current Facts of Higher Education
in the US
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The US Undergraduate Enrollment in 2010
17,542,000
Source: National Center for Education Statistics
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2,719
The number of degree granting four year colleges in the U.S.
Source: National Center for Education Statistics
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Percentage Distribution of Enrollment of Full-Time Undergraduates and All Undergraduates in Degree-Granting
Institutions by Sector, Fall 2009
!SOURCE: The College Board, Trends in College Pricing 2011, Figure 18.!
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1/3The number of full time
students paying full tuition
Source: College Board Advocacy & Policy Center
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1. The Job Market For Graduates is Bleak2. Public Confidence in Education is Deteriorating3. Budget Cuts are Straining the System4. Financial Inequality of Students for Access to IT5. Many Parents Inability to Take on Additional Credit
The 5 Most Alarming Trends Facing Higher Education Today
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Unemployment then...
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Unemployment now
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Recent College Graduates
26% Unemployed55% Underemployed
Source: Northeastern University Report Andrew Sum US Bureau of Labor Statistics
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The aging workforce is making it tougher for the recent graduate to
get started.”
Gary Burnison: CEO Korn FerryCNBC interview March 2012
“
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Once a foregone conclusionas world leaders
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Can US Higher Education Be Threatened Too
?
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30%
20%
25%
25% The percentage of students who won’t graduate from high school.
Another percentage that will not go to college.
Another percentage who will only go to college if they enroll in remedial courses.
The percentage of students that will go to college prepared for college.
Joan Weiss: Chief of Staff, Secretary of Education
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National Center for Education StatisticsInternational Ranking of 15 year olds
Mathematics Literacy
Science Literacy
Above Average
Average
Below Average
Low Average
Take your time and
review these statistics
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51%The percentage of parents who feel
their high school student is better, or equally, prepared for college compared to how they were.
Source: Gallup Poll- The Public’s Attitude Towards the Public Schools
Only
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Q: Compared to the rest of the world, how would you rate the higher education system
in the United States?(asked of college presidents)
Only 1 in 5 college presidents think the
US system is the best in the world...
Pew Research Center Survey: “Is College Worth It”
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Q: Thinking ahead 10 years from now, do you think the higher education in the
United States will be...?
Less than 1 in 10 college presidents think US higher education will be the best
system in the world 10 years from now.
Pew Research Center Survey: “Is College Worth It”
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Pew Research Center Survey : “Is College Worth It”
Question to General Public
Q: How would you rate the job of higher education in this country in
terms of providing value?
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Notes: Figures include state tax appropriations, other state money and federal stimulus money. N. Dakota, OR, WA, & WYenact state appropriations every two years. Figures for NY include only state support for the City University of NY State
University of NY and student aid. These figures do not include appropriations for capital outlays and debt service, nor do they include appropriations from local governments. The data were collected from September to mid-January 2012 and may be subject to change. Percentages shown are rounded to one decimal. Different budgeting practices among the states make it
impossible to ensure that all figures are perfectly comparable.
Sources: “Grapevine” survey of the Center for the Study of Education Policyat Illinois State U. and State Higher Education Executive Offices
National Budget Cuts between Fiscal ’11 & ’12(does not count prior years’ reductions)
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26
Is College Worth It?
www.pewsocialtrends.org
College Expenses Average stated tuition and fees have roughly tripled since 1980-81, even after accounting for inflation. In 2010-11, the typical in-state full-time undergraduate was charged $7,605 in tuition and fees at public four-year colleges and universities (before grant aid), an increase from $2,119 in 1980-81 (all figures adjusted to 2010 dollars). Other colleges and universities have increased tuition and fees by similar orders of magnitude. Average tuition and fees at private colleges and universities increased from $9,535 in 1980-81 to $27,293 in 2010-11.
Tuition and Fees Have Increased Since 1980-81
(all figures in 2010 $)
Source: Data underlying College Board’s Trends in College Pricing 2010 Figure 5
Notes: The amounts shown are the list or published tuition and fees, not what students actually pay. Most undergraduates receive grant aid. The amounts shown are the “sticker price” and do not account for grant aid. The College Board estimates them by weighting published tuition and fees by full-time undergraduate enrollment. They are deflated using the CPI.
PEW RESEARCH CENTER
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
80-81 84-85 88-89 92-93 96-97 00-01 04-05 08-09
4-year public
4-year private
2-year public
10-11
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Average Public Four-Year In-State Published Tuition and Fees by State, 2011-12
!SOURCE: Trends in College Pricing website (http://trends.collegeboard.org)!
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13%The percentage of college students
who do not own a computer.
Source: Onlinecolleges.net survey
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Will those 13% be left behind?
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US Consumer Debt: $2.5 Trillion Many Parents are
financially strapped
US Federal Reservestatistic G. 19
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4 in 5 bankruptcy attorneys polled reported a jump in the number of student loan debtors, including parents.
Source: National Association of Consumer Bankruptcy Attorneys
“You’re seeing it now and you really never saw it before. Five or ten years ago it was more or less unheard of.”
Jonathan Frutkin, Bankruptcy Attorney speaking in regards to parents on the verge of bankruptcy with debts including college loans
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Question: Is college affordable formost people?
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What do students say?
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43% of students agree their
school needs more technology
Only 22% of students agree their school
uses technology effectively
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Put the most current technology in the hands of your students.
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Restructuring the curriculum to incorporate technology is no
longer a trend but a requirement”“
Source: “A Study of Perceptions of College Professors”Ouzts & Palombo
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New styles of teaching are getting attention
Over 135,000,000 lessons delivered
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Part of their solution to the dilemmas many cash-
strapped colleges are facing today: embrace online
learning and technology in the classroom.
Clayton Christensen : Harvard Business School
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Higher Education needs to produce top job candidates,
critical thinkers.
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Kevin Kelly: Co-founder of Wired Magazine
“Every career is going to be a career in technology, it’s
inescapable. Life long learning is going to be fundamental to survival. Technology allows
everyone to have a chance ”
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IT CAN BE DONE
but only if it’s the priority!!!
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Call Us Today to find out how!!!
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