Forecast of Higher Education’s Impact on Economic Development · 2020. 2. 19. · Forecast of...
Transcript of Forecast of Higher Education’s Impact on Economic Development · 2020. 2. 19. · Forecast of...
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Forecast of Higher Education’s Impact on Economic DevelopmentFebruary 19, 2020
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Source: U.S. Chamber of Commerce Foundation, Hiring in the Modern Talent Marketplace (2020)
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Utah: • Average Debt of
Graduates: $19,729
• % of Graduates with Debt: 36%
• Lowest in U.S. on both measures
Source: The Institute for College Access & Success (ticas.org)
Student Debt and the Class of 2018
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$1,743 $1,836
$1,401
$1,173
$836 $774
$712
$520
$907
0%
1%
2%
3%
4%
5%
6%
7%
$0
$1,000
$2,000
Doctoral Professional Master's Bachelor's Associate's Some college,
no degree
H.S. diploma < H.S. Total
Medianusualweeklyearnings
Unemploymentrate
Measuring the Value of Education (2018)
Source: U.S. Bureau of Labor Statistics
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Rise of the Mega-University
Source: Chronicle of Higher Education
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Utah's "Most Affordable College with the Best Outcomes.”-- 24/7 Wall St.
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Weber31%
Davis43%
Morgan1%
Box Elder2%
Cache2%
Salt Lake6%
Utah2%
Other Utah5%
Other U.S.7%
International1%
Fall 2019 Enrollment by County
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Ogden46.7%
Davis
7.2%
Online20.7%
Other25.3%
Fall ‘19 Credit Hours by Location
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2,856 3,063
3,250 3,460 3,587
2015 2016 2017 2018 2019
Fall Online Budget-related FTE
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7,625 8,405
9,489 9,679
11,491
2015 2016 2017 2018 2019
Fall Concurrent Enrollment Headcount
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<4 yrs, 28.5%
4 yrs, 20.5%
5 yrs, 14.9%6 yrs,
12.2%
>6yrs, 23.9%
Years to Graduation
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71.0%
41.1%
Dream Weber
All Other WSU Students
Dream Weber Completion
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Associate's47.6%
Bachelor's43.6%
Master's5.9%Certificates
2.9%
2018-19 Degrees by Type
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68
8
84
171 10
33 30
UU USU WSU SUU Snow DSU UVU SLCC
Computer Science & Engineering
Graduates Growth 2018 to 2019
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Utah
Com
putin
g Ap
pren
tices
hip
Colla
bora
tive
• $2 million Dept of Labor grant• 800 apprenticeships• Industry Partners to date:• Ivanti• O.C. Tanner• WCF Insurance• Franklin Covey
• 275 in pipeline statewide
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Autoliv, 3 BAE, 13
Boeing, 3Design
Criteria, 3
HAFB, 55
L-3, 9
Northrop, 14
Spectrum, 3
Other Utah, 30
Utah
Em
ploy
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of 1
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ads
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tal g
rads
)
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Northern Utah Regional Workforce Development
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Burning Glass Top Job Skills
• Communication• Planning• Teamwork• Collaboration • Writing • Microsoft Word • Microsoft Excel• Organization Skills• Research• Written
Communication • Detail-Oriented • Critical Thinking• Troubleshooting• Time Management• Multi-Tasking • LeadershipOgden-Clearfield MSA: May 2018/June 2019
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Digital Fluency Initiative
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91 A
rtic
ulat
ion
Agre
emen
ts
AAS Automotive Heavy Duty Truck –DieselAAS Automotive Service Technician (ATEP)AAS Building Design & Construction Pre-Arch.AAS Building Design, Construction, & Arch. (2-yr)AAS Computer ScienceAAS Construction Management TechnologyAAS Controls TechnologyAS Criminal JusticeAAS Design Engineering TechnologyAAS Early Childhood MajorAAS Electronics Engineering TechnologyAAS General TechnologyAS Health SciencesAAS Interior DesignAAS Manufacturing Engineering TechnologyAAS Manuf. Engin. Technology - CNC MachiningAAS Manuf. Engin. Technology – WeldingAAS Mechanical Engineering TechnologyAAS Medical Laboratory ScienceAAS Network Management TechnologyAAS NursingAAS Paramedic StudiesAAS Product Design & DevelopmentAAS Sales & MerchandisingAAS Apprenticeship – ElectricianAAS Apprenticeship – PlumbingAAS Web UX
Ogden-Weber Tech: 11Ogden District: 15Weber District: 17NUAMES: 3Davis Tech: 18
Davis District: 15Morgan District: 9Bridgerland Tech: 2Uintah Basin Tech: 1
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