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Higher Education in Colorado

Higher Education in Colorado. Dr. Kim Poast, Associate Deputy Director- Access & Student Services November, 2011. Higher Education at a Glance. Colorado has over 470 institutions educating approximately 375,000 students: -28 public institutions -3 area technical schools

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Higher Education in Colorado

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  1. Higher Education in Colorado Dr. Kim Poast, Associate Deputy Director- Access & Student Services November, 2011

  2. Higher Education at a Glance Colorado has over 470 institutions educating approximately 375,000 students: -28 public institutions -3 area technical schools -over 100 private institutions -over 330 private occupational schools

  3. H.E, at a Glance, (cont) Colorado’s Public institutions • Include 14 four-year institutions • 13 community colleges • 2 local district colleges • 3 area technical colleges Which combined • Support over 97,500 jobs in the State • Contribute $4.25 billion in wages and salaries and almost $387 million in state and local taxes to the Colorado economy annually

  4. We live in a state that is changing… rapidly • Our population is growing, aging and becoming more diverse • The jobs available, and skills needed to fill them are shifting • We are a state that has depended on in-migration to meet occupational demands • By 2035, 45% of Colorado’s labor force will shift due to a combination of retirements and new demands. • By 2018, it is projected that nearly 70% of jobs will require some form of postsecondary education- Colorado will be 5th in the nation in postsecondary need intensity

  5. Higher education has key economic & social benefits… • Increases personal income and economic strength • Increases workforce participation, health, productivity and dollars to the state • Increases volunteerism, civic and artistic involvement • Decreases rates of incarceration, unemployment, participation in Medicaid and other social service programs • Improves job security and increased earning potential

  6. Funding ...

  7. Higher Education Funding Projections for FY 12/13- GF (489M), Financial Aid (?-1/3 ?)

  8. Share Shifts: K12

  9. Share shifts: Higher Education

  10. The “price” has not dramatically changed, but “cost” has shifted…

  11. Tuition only

  12. Tuition and state support comparison

  13. As a proportion of household income

  14. Funding per FTE- National Perspective

  15. Colorado the MOST productive state in the nation CO= 4.54 degrees/ $100,000 US = 2.57 degrees/ per $100,000

  16. Many students are not being served well (or at all)

  17. The ethnic achievement gap (2nd largest in the country)

  18. Geographic and economic disparities

  19. Students utilizing financial aid & student loans are on the rise…

  20. Financial aid history

  21. Pell vs. Non-Pell graduating w/in 150%

  22. Students are leaking out of the educational pipeline...

  23. And we have a preparedness problem ...

  24. Remediation rates by sector

  25. CO remediation rates by ethnicity, 2008

  26. Graduation Rates for CC math students Math 030 Cohort: 100% 72% 62% 46% 36% 25% 13% 8% 4% 1662 Enroll MAT 030 1189 Complete MAT 030 1031 Enroll MAT 060 761 Complete MAT 060 591 Enroll MAT 090 409 Complete MAT 090 220 Enroll MAT 090 137 Complete College Math 61 Graduate 100% 75% 54% 36% 24% 17% 8% 2908 Enroll MAT 060 2171 Complete MAT 060 1562 Enroll MAT 090 1040 Complete MAT 090 693 Enroll MAT 090 499 Complete College Math 222 Graduate Math 060 Cohort: 100% 68% 35% 26% 12% 2363 Enroll MAT 090 1604 Complete MAT 090 833 Enroll MAT 090 603 Complete College Math 275 Graduate Math 090 Cohort:

  27. Statewide Access Programs ...

  28. College in Colorado ICAP College Search/Application Statewide Access Outreach (College/High School) Scholarships for needy students ($750K) Loan Forgiveness for Counselor Corp ($60K) Bi-lingual hotline College Access Challenge Grant Financial Literacy/FAFSA

  29. Colorado Gear Up/TRiO FAFSA completion/assistance Concurrent Enrollment Outreach (Middle/High School) Remediation Redesign/ Complete College America K12/Higher Education Alignment CAP4K/ PWR/ Endorsed Diploma Concurrent Enrollment/ ASCENT

  30. Concurrent Enrollment

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