isac map eligibility task force september 26, 2012
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Breaking with Tradition: Adult Learners are Essential to Illinois ’ 60 x 25 Goal Sarah Labadie Policy Associate [email protected] (312) 782-3902 ext. 231. ISAC MAP Eligibility Task Force September 26, 2012. Since 1973. - PowerPoint PPT PresentationTRANSCRIPT
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www.womenemployed.org
Breaking with Tradition:Adult Learners are Essential to
Illinois’ 60 x 25 Goal
Sarah LabadiePolicy Associate
[email protected](312) 782-3902 ext. 231
ISAC MAP Eligibility Task ForceSeptember 26, 2012
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www.womenemployed.org
Since 1973 . . .
Mobilizing people & organizations to expand educational and employment opportunities for America’s working women.
Increasing access to and success in education & training by:•Increasing financial aid•Improving support services•Improving educational programs
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Adults in Higher Education• More than 50% of all postsecondary students are
independent adults, many of whom have been out of school for a significant amount of time
• About 72% have an expected family contribution of 0
• Over 50% attend college less than full-time• Nearly 40% work part-time• And 27% are parents
The majority of “non-traditional students” are female and attend community colleges.
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MAP Grant Awards by Dependency Status and Institution Type
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Illinois’ 60 x 25 goal – to ensure that 60% of adults have a college credential by 2025 – is vital to
our state and its residents.
To remain globally competitive, the U.S. and each state should ensure that at least 60% of adults ages 25 to 64 have an associate or bachelor's degree by 2025.
In Illinois, the current rate is 41.3%.
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College Degrees Mean Higher Income:
Illinoisans with a college degree will earn more over a lifetime than their peers with only a high school diploma.
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More Jobs Require Higher Education
By 2018, over 63% of jobs in Illinois (and nearly two-thirds of jobs in the nation) will require some postsecondary education or training.
Source: http://cew.georgetown.edu/jobs2018/ as cited by Center for Law and Social Policy (CLASP) and NCHEMS. 2011. The Economic Imperative for More Adults to Complete College: Illinois
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60 x 25 Goal will Generate Revenue
By meeting the 60 percent credential goal, Illinois will generate more annual revenue.
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Under current postsecondary investment patterns,
Illinois' state revenues will decrease by about $140 million in 2025.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
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By meeting the 60% credential goal, Illinois will generate more annual revenue, topping approximately $1.9 billion in 2025.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
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Adults currently in the workforce are vital to meeting the 60 x 25 goal.
Why? Do the Math.
To meet the 60 x 25 goal, we will have to produce an additional 595,296 degrees or certificates above our current graduation rate.
Source: http://www.clasp.org/postsecondary/publication?id=1452&list=publications_states
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Can We Do It With Graduating High School Students Alone?If we improve our high school graduation rates to 100% and ALSO manage to raise our college going rate from 57.4% to 95%, we would still end up short of our goal. And while ensuring every high school student graduates is a worthy goal, it is unlikely to happen.
So How Will We Do It?By helping more working age adults earn college credentials:
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We need to target adults to return to school and complete certificates and degrees.
If we increase the number of 20-39 year olds enrolled in college by just two percentage points from 1.22% to 3.2%, then we are more than halfway to our goal – we’ll gain 344,000 credentials.
Source: http://www.clasp.org/resources_and_publications/flash/CPES%20ROI%20Tool/Illinois.swf
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Financial aid is critical to adult student access and success in college
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College Costs and Financial Aid• Average tuition and fees
at a community college: $3,117
• Yearly cost of books: $1,000
• Average Pell Grant for independent student: $3,721
• Average MAP award for independent student (if received): $2,088
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Living Costs in Illinois
• Average yearly cost of renting a two-bedroom in Illinois: $10,000
• Yearly cost of utilities: $2,000• Yearly cost of transportation: $5,000• Yearly food and drink: $6,000• Total: $23,000Source: http://www.ehow.com/info_12004938_average-cost-living-illinois.html
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Other Issues: Pell Changes
• Changes in the income amount for automatic 0 EFC• Cut Ability to Benefit students, affecting about 90,000
students now and more in the future• More possible in the future
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Potential Scenarios
• Create a pot of money for independent students who apply later
• Set aside money for students who are close to completion, especially adults who many have used MAP years ago
• Create a pot of money for students previously covered by Ability to Benefit provisions in Pell who cannot receive it anymore
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To meet the college completion goals of tomorrow, we
must include the adults of today.
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www.womenemployed.org
Breaking with Tradition:Adult Learners are Essential to
Illinois’ 60 x 25 Goal
Sarah LabadiePolicy Associate
[email protected](312) 782-3902 ext. 231
ISAC MAP Eligibility Task ForceSeptember 26, 2012