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Jim Purcell Building the Future of Arkansas

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Page 1: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Jim Purcell

Building the Future of Arkansas

Page 2: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Thomas Jefferson:

“I was a revolutionary so that my children could farm and so their children could do art.”

Page 3: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

We are all on a journey

Page 4: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Davey Crockett

"If I could rest anywhere, it would be in Arkansas, where the men are of the real half-horse, half-alligator breed such as grows nowhere else on the face of the universal earth."

Page 5: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

State Per Capita Personal Income v. Share of AdultPopulation with Bachelor's Degree or Higher (2008)

$16,000

$18,000

$20,000

$22,000

$24,000

$26,000

$28,000

$30,000

$32,000

$34,000

$36,000

$38,000

15% 20% 25% 30% 35% 40% 45% 50%

Percentage of Adult Population with a Bachelor's Degree or Higher

Per

Cap

ita

Inco

me

Source: U.S. Census Bureau, ACS 2006

DC

TX

NM

FL

NDNC

AL

IN

LA

MIWI

SD

WY

TN

NV

AR

IAOH

ID

SCKY

MS

WV

MOME

AZ

VA

NJ

PA

MD

MT

CT

MA

CO

NE

AK

GAHI

KSOR

DE

IL

RI MN

WA

UT

VT

NHNY

CA

OK

No state with a low proportion of

Bachelor’s degrees has a high per capita

income.

No state with a high proportion of

Bachelor’s degrees has a low per capita

income.

2008= 18.8%

2002= 19.7%

2006 2005 200220072008

5

Page 6: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

U.S. Census BureauData Set: Census 2000 Summary File 3 (SF 3)

18.1% - 28.1%

12.0% - 18.0%

6.3% - 11.9%

White15.5%

Union14.9%

Yell10.9%

Scott16.4%

Clark19.8%

Ashley10.1%

Polk10.9%

Pope19.0%

Drew17.3%

Clay7.4%

Benton20.3%

Desha11.1%

Lee7.3%

Logan9.4%

Saline9.6%

Pulaski28.1%

Arkansas12.2%

Newton11.8%

Lonoke14.6%

Cross9.9%

Chicot11.7%

Dallas9.6%

Stone9.8%

Prairie9.0%

Sharp9.2%

Phillips12.4%

Grant11.0%

Madison10.1%

Fulton10.5%Carroll

13.8%

Jefferson15.7%

Miller12.5%

Searcy8.4%

Pike10.1%

Izard11.7%

Marion10.4%

Poinsett6.3%

Boone12.7%

Baxter12.8%

Garland18.0%

Perry11.1%

Sevier16.6%

Mississippi11.3%

Bradley11.9%

Washington24.5%

Monroe8.4%

Johnson13.1%

Ouachita12.7%

Lincoln7.6%

Columbia16.8%

Nevada10.7%

Greene10.9%

Jackson10.3%Franklin

11.0%

Faulkner25.2%

Calhoun7.3%

Conway11.5%

Van Buren11.5%

Craighead20.9%

Randolph10.6%

Crawford9.7%

Woodruff8.0%

Cleburne13.9%

Montgomery8.8%

Lawrence8.5%

Crittenden12.8%

St. Francis10.3%

Cleveland10.0%

Hot Spring11.2%

Sebastian8.4%

Little River9.9%

Howard11.6%

Hempstead11.0%

Lafayette9.5%

Independence13.7%

Arkansas ranked 51st (16.7%) Nation-wide in 2000 for Bachelors & Higher

Percent of County Populationthat hold Bachelors & Higher 2000

Pope 19.0%

Washington 24.5%

Pulaski 28.1%

Clark 19.8%

Benton 20.3%

Faulkner 25.2%

Craighead 20.9%

Page 7: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Percent of County Population(Associate Degree Holder) 2000

U.S. Census BureauData Set: Census 2000 Summary File 3 (SF 3)

4.19% - 6.37%

3.00% - 4.18%

1.80% - 2.99%

White3.97%

Union4.18%

Yell1.80%

Scott5.07%

Clark3.23%

Ashley2.83%

Polk3.95%

Pope3.45%

Drew2.84%

Benton4.60%

Desha2.13%

Logan4.02%

Saline4.56%

Pulaski4.69%

Arkansas3.16%

Newton3.35%

Lonoke5.30%

Chicot2.47%

Prairie3.16%

Dallas2.99%

Clay2.55%

Phillips4.90%

Madison2.49%

Fulton2.77%Carroll

3.82%

Grant2.95%

Jefferson3.27%

Miller3.99%

Cross3.17%

Lee4.30%

Stone2.50%

Searcy3.58%

Sharp3.75%

Pike2.42%

Marion4.69%

Poinsett2.20%

Boone5.18%

Izard4.29%

Baxter4.69%

Garland4.45%

Sevier6.37%

Perry2.71%

Mississippi4.00%

Bradley2.32%

Washington3.51%

Monroe3.23%

Johnson1.97%

Ouachita4.91%

Lincoln3.34%

Columbia2.86%

Nevada2.42%

Greene2.86%

Jackson3.07%Franklin

4.55%

Faulkner4.15%

Calhoun3.48%

Conway2.92%

Van Buren3.15%

Craighead3.53%

Randolph3.20%

Crawford5.40%

Woodruff2.01%

Cleburne3.97%

Montgomery4.04%

Lawrence2.66%

Crittenden3.20%

St. Francis3.76%

Cleveland3.43%

Hot Spring4.00%

Sebastian3.69%

Little River3.63%

Howard3.35%

Hempstead3.24%

Lafayette3.23%

Independence2.90%

Arkansas ranked 50th (4%) Nation-wide in 2000 for Associate Degree Holders

Page 8: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Where Arkansas Bachelors Degree (and higher) Holders live

(2000)

U.S. Census BureauData Set: Census 2000 Summary File 3 (SF 3)

23.00%

2.31% - 8.00%

0.10% - 2.30%

Yell0.5%

White2.3%

Union1.5%

Scott0.2%

Polk0.5%

Clark0.9%

Pope2.3%

Drew0.7%

Ashley0.5%

Clay0.3%

Benton7.0%

Desha0.4%

Lee0.2%

Pike0.3%

Logan0.5%

Miller1.1%

Saline3.2%

Izard0.4%

Grant0.4%

Pulaski23.0%

Arkansas0.6%

Newton0.2%

Lonoke1.7%

Cross0.4%

Chicot0.4%

Dallas0.2%

Stone0.3%

Perry0.3%

Prairie0.2%

Sharp0.4%

Phillips0.7%

Fulton0.3%

Madison0.3%

Carroll0.8%

Jefferson2.9%

Searcy0.2%

Marion0.4%

Poinsett0.4%

Boone1.0%

Baxter1.3%

Garland3.9%

Sevier0.3%

Mississippi1.2%

Bradley0.3%

Washington8.0%

Monroe0.2%

Johnson0.7%

Ouachita0.8%

Lincoln0.3%

Columbia0.9%

Nevada0.2%

Greene0.9%

Jackson0.4%Franklin

0.4%

Faulkner4.4%

Howard0.4%

Calhoun0.1%

Conway0.5%

Van Buren0.5%

Craighead3.7%

Randolph0.4%

Crawford1.1%

Woodruff0.2%

Cleburne0.8%

Montgomery0.2%

Lawrence0.3%

Crittenden1.3%

St. Francis0.6%

Cleveland0.2%

Hot Spring0.8%

Sebastian4.3%

Little River0.3%

Hempstead0.6%

Lafayette0.2%

Independence1.1%

Arkansas ranked 51st (16.7%) Nation-wide in 2000 for Bachelors & Higher

60% of all college AR graduates reside in 9 counties

Pulaski 23.%

Page 9: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Where Arkansas Associate Degree Holders live

(2000)

U.S. Census BureauData Set: Census 2000 Summary File 3 (SF 3)

15.90%

1.96% - 6.83%

0.17% - 1.95%

White2.41%

Union1.80%

Yell0.35%

Scott4.07%

Clark0.64%

Ashley0.64%

Polk0.77%

Pope1.70%

Drew0.47%

Benton6.58%

Desha0.29%

Logan0.87%

Saline1.19%

Arkansas0.63%

Newton0.28%

Lonoke2.55%

Chicot0.32%

Pulaski15.90%

Prairie0.30%

Dallas0.26%

Clay0.45%

Phillips1.09%

Madison0.33%

Fulton0.33%Carroll

0.95%

Grant0.46%

Jefferson2.49%

Miller1.48%

Cross0.56%

Lee0.49%

Stone0.29%

Searcy0.37%

Sharp0.53%

Pike0.27%

Marion0.78%

Poinsett0.53%

Boone1.72%

Izard0.59%

Baxter1.95%

Garland4.01%

Sevier6.83%

Perry0.27%

Mississippi1.82%

Bradley0.28%

Washington4.74%

Monroe0.31%

Johnson0.42%

Ouachita1.34%

Lincoln0.46%

Columbia0.66%

Nevada0.23%

Greene1.01%

Jackson0.54%Franklin

0.76%

Faulkner3.03%

Calhoun0.20%

Conway0.56%

Van Buren0.53%

Craighead2.58%

Randolph0.56%

Crawford2.62%

Woodruff0.17%

Cleburne0.99%

Montgomery0.38%

Lawrence0.45%

Crittenden1.39%

St. Francis0.66%

Cleveland0.28%

Hot Spring1.17%

Sebastian0.31%

Little River0.47%

Howard0.45%

Hempstead0.69%

Lafayette0.26%

Independence0.95%

Arkansas ranked 50th (4%) Nation-wide in 2000 for Associate Degree Holders

58% of all associates degree recipients reside in 12 counties

Page 10: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

• Strengthening the Arkansas Education Pipeline

Page 11: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

4641

29

1612

4

100

74

9th GradeEnrollment

High SchoolGrads

EnrolledDirectly into

College

First-timeFull-timeDegreeSeekingCohort

RetainedAfter 1 Year

GraduatedWithin 6Years

WithAssociate

Degree

WithBachelorDegree

Percent 96-97 Arkansas 9th Grader’s Progression into High School and College (percent)

100%

71%

28%

Fall 2000 College Freshmen

Page 12: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

96-97 Arkansas 9th Grader’s Progression into High School and College (number)

17,11615,172

10,701

5,817

37,160

1,4934,324

27,335

9th GradeEnrollment

High SchoolGrads

EnrolledDirectly into

College

First-timeFull-timeDegreeSeekingCohort

RetainedAfter 1 Year

GraduatedWithin 6Years

WithAssociate

Degree

WithBachelorDegree

Fall 2000 College Freshmen

100%

71%28%

Page 13: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas_cnty.shp12 - 2526 - 4950 - 74

Reading Remediation Rates by CountyFall 2007

% Needing Remediation

First-time entering (full- and part-time) students seeking an associate or baccalaureate degree.

Page 14: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas_cnty.shp16 - 2526 - 4950 - 69

English Remediation Rates by CountyFall 2007

% Needing Remediation

First-time entering (full- and part-time) students seeking an associate or baccalaureate degree.

Page 15: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas_cnty.shp23 - 2526 - 4950 - 81

% Needing Remediation

Math Remediation Rates by CountyFall 2007

First-time entering (full- and part-time) students seeking an associate or baccalaureate degree.

Page 16: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas_cnty.shp33 - 4950 - 7475 - 93

% Needing Remediation

Unduplicated Remediation Rates by CountyFall 2007

First-time entering (full- and part-time) students seeking an associate or baccalaureate degree.

Page 17: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas Public Universities Six-Year Graduation Rates (2001 Cohort)

25.2%

22.3%

28.8%

19.2%

29.5%

58.9%

45.9%

0.0% 70.0%

Reading*

English *

Math *

Math, Reading and English

Any Remediation

Not Remediated

Fall Cohort

A student who has to take remediation graduates at less than half the rate of students who come to college with the requisite skills.

Page 18: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas Public Community Colleges Three-Year Graduation Rates (2004 Cohort)

10.8%

11.5%

14.1%8.9%

14.6%

36.7%

21.2%

0.0% 50.0%

Reading*

English *

Math *

Math, Reading and English

Any Remediation

Not Remediated

Fall Cohort

A student who has to take remediation graduates at less than half the rate of students who come to college with the requisite skills.

Page 19: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Cost of Remediation

$53,800,000Equivalent to the combined budget of seven of Arkansas’s community colleges.

2007-08 - $65.7 million with $24 million (36%) of those expenditures subsidized by state general revenues.

Page 20: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”
Page 21: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

It is our hope that the Arkansas Academic Challenge Lottery Scholarship will:

Increase college going rates Increase student successPrepare more students for high wage high demand jobsBenefit Arkansas’s economy

Outreach to High School students:SayGoCollegeCareer Coaches Education Renewal Zones Next MagazineConcurrent Enrollment

The Lottery Act requires students to complete remediation within the first 30 hours of coursework.

Page 22: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

1. Strengthening the Arkansas Education Pipeline

2. Improving Preparation 3. Decreasing Remediation 4. Accessing Financial Aid5. Increasing Retention and

Graduation6. Enhancing Funding and

Governance 7. Addressing Data Needs8. Supporting Economic

Development 9. Issues for Further Study

Page 23: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Legislation• Developed a Universal scholarship web application. (L)• Limit tuition-based scholarships cap lowered to 20% with

repercussions. (L)• The seamless transfer of credits earned in completing an

AA/AS degrees to the universities. (L)• Established a remediation course exit standard. (L)• Greater openness of college activities --Developed a

Comprehensive Accountability Report . (L)• Lottery scholarship greatly expand scholarship offering for

Arkansans (L)– Traditional and nontraditional students included– Encourages fulltime enrollment and speed to graduation.

• Expanded Go Grant to adults. (L)

Page 24: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Higher Education Coordinating Board Action• 10 percent of current formula based upon course

completion. (Policy)• Doubled degrees needed to be produced to meet

academic productivity threshold. (Policy) • Altered the academic program review process. (Policy)• Develop a financial condition report that shows how

higher education spends money. (Policy)• Changed the metric to determine if an institution was

financially viable to borrow funds. (Policy)• Extensive professional development on student success

strategies/enrollment management. (Action)• SayGoCollege initiative. (Grants)• Career Coaches initiative. (Grants)• Adult- friendly campuses. (Grants) 

Page 25: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

What can schools and districts do to enhance student success?

• Support accelerated college classroom experiences such as AP and Concurrent Enrollment.

• Review school and district college going rates and remediation rates and develop a plan.

• Look at individual test scores of students. • Seek support from local colleges and universities.

Page 26: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Arkansas Higher Education is Changing

123,139

138,809

173,974

100,000

110,000

120,000

130,000

140,000

150,000

160,000

170,000

180,000

En

roll

men

t

Annual Unduplicated Enrollment, Public Institutions Only

41 percent increase in enrollment

Page 27: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Credit Hours Taken Are Increasing

2,266,770

2,647,718

3,331,478

2,000,000

2,200,000

2,400,000

2,600,000

2,800,000

3,000,000

3,200,000

3,400,000

AY1997 AY1998 AY1999 AY2000 AY2001 AY2002 AY2003 AY2004 AY2005 AY2006 AY2007 AY2008 AY2009

SSCH

Academic Year

SSCH of Public Institutions

47 percent increase in credit hours

Page 28: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Credentials Awarded are Increasing

15,531 15,498 15,857

16,674 16,942

18,132

19,840 20,162

21,608

22,475

23,543

25,019

27,833

15,000

17,000

19,000

21,000

23,000

25,000

27,000

29,000

AY1997 AY1998 AY1999 AY2000 AY2001 AY2002 AY2003 AY2004 AY2005 AY2006 AY2007 AY2008 AY2009

Cre

den

tial

s

Academic Year

Credentials Awarded, Public Institutions Only

79 % increase in credentials

234 % Certificate of Proficiency

31 % BA/BS degrees

192 % Technical Certificates

120 % Associates Degrees

49 % Masters degrees93 % Doctoral degrees

Page 29: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

CP; 4026; 14%

TC; 3716; 13%

ASSOC.; 6264; 23%

BACH.; 9682; 35%

MASTERS; 3150; 11%

DOCTOR; 288; 1%

FIRSTPROF; 506; 2%OTHER; 201; 1%

2009 Degrees at Public Institutions

Page 30: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

• Arkansas is currently producing 11,910 bachelor's degrees per year, and at this rate of production Arkansas will have 337,256 citizens with bachelor’s degrees, or 22.3%, by 2015 . . . Arkansas must increase the current production of bachelor’s degrees by 40% (5,298 more graduates per year) each of the next six years to reach the SREB average -- 27%."

Page 31: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

civic involvementcivic involvementvolunteer activity by

education levels

Bureau of Labor Statistics. (2003). Volunteering in the United States, 2003. USDL03-888. U.S. Department of Labor.

50%

40%

30%

20%

10%

0%

Less Than High School

Diploma

High School Diploma

Some College

B.A. or Higher

9.9%(48 hours)

21.7%(48 hours)

34.1%(52 hours)

45.6% (60 hours)

Per

cent

age

Vol

unte

erin

g

Page 32: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

blood donation by education level, 1994:

Source: DBD Worldwide. (2000). DBD Lifestyle Survey. Chicago. Available at www.bowlingalone.com.

20%

15%

10%

5%

0%

Less Than High School

Diploma

High School Diploma

Some College

B.A. or Higher

6%

11%

13%

17%

Pe

rce

nta

ge

Do

na

ting

Blo

od

percentage who donate regularly

civic involvementcivic involvement

Page 33: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

participation assistance programs

Source: Postsecondary Education Opportunity, May 28, 1997, pg 47.

Less Than High School

Diploma

High School Diploma

Some College& Bachelor’s

Degree or More

24.3%

10.2%

4.6%

Ever Participated in Assistance Programs

education level

governmentgovernment

Page 34: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

governmentgovernmentincarceration rates by

education levels

2.5%

2.0%

1.5%

1.0%

0.5%

0.0%

Less Than High School

Diploma

High School Diploma

Some CollegeB.A. or Higher

1.9%

1.2%

0.3%0.1%

Per

cent

age

Inca

rcer

ated

Source: Harlow, C.W. (2003). Education and Correctional Populations. Bureau of Justice Statistics, Department of Justice. NCJ195670.

Page 35: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

economicPercent Below Poverty

Threshold, 2004

economicPercent Below Poverty

Threshold, 2004

Census Bureau

40%

30%

10%

0%

Less Than High School

Diploma

High School Diploma

Some College

B.A. or Higher

32%

15%

10%

4%

Per

cent

age

Hom

e O

wne

rshi

p

20%

Page 36: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

economiceconomicunemployment rates and

education level, 2004

Source: Employment Policy Institute

10

8

6

4

2

0

Less Than High School

Diploma

High School Diploma

Some CollegeB.A. or Higher

9.7%

7.5%

5.1%4.6%

Page 37: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Quality of LifeQuality of LifeHome Ownership

Census Bureau, American Housing Survey for the United States:2005

80%

70%

60%

50%

Less Than High School

Diploma

High School Diploma Some College

B.A. or Higher

58%

69%66%

75%

Per

cent

age

Hom

e O

wne

rshi

p

Page 38: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Seatbelt Use while intoxicated, 1990

Source: American Journal of Public Health

80%

60%

40%

20%

0%

Less Than High School

Diploma

High School Diploma

Some College

B.A. or Higher

39%41%

52%

66%

Pe

rce

nta

ge

Do

na

ting

Blo

od

percentage who use seatbelt

SafetySafety

15%20%

31%

78%

Page 39: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

economiceconomic

Average family income by educational

attainment, 2003

Source: Postsecondary Education Opportunity, 2005

25

175

50

100

75

125

150

0LT-9 9-12 HSG Some ProfMA PhDBAAA

Inco

me

($00

0)

College

Page 40: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

3,798,9405,254,193Professional degree

2,527,3243,982,577Doctorate

1,507,8232,963,076Master's degree

$1,111,921$2,567,174Bachelor's degree

346,1201,801,373Associate degree

270,5691,725,822Some college, no degree

01,455,253High school graduate

-304,5551,150,698High school dropout

-$478,903$976,350Less than 9th grade

DifferenceCompared toHigh School

Graduate

EstimatedLifetimeEarnings

Education Level

Source: Federal Reserve Bank of Dallas, 2005

The Impact of Education on Individuals:Lifetime Earnings

economiceconomic

Page 41: Jim Purcell Building the Future of Arkansas. Thomas Jefferson: “I was a revolutionary so that my children could farm and so their children could do art.”

Nearly all economic growth and prosperity for individuals, families, cities, states, and the country is now driven by college educated workers.

Those individuals, families, cities, states and –increasingly—countries with the most education are prospering, while those with the least higher education are experiencing relative and often absolute economic decline.

--Postsecondary Education OPPORTUNITY, June 2005.

Time and Place