What We Need toGet Right in 2016David LevinPresident and CEO, McGraw-Hill Education

ASU GSV SummitApril 19, 2016

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What We Need To Get Right: Demonstrating Our Value

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Better results… Better graduation rates

Career readiness…and preparation

Adaptive, personalizedtechnology

Small data …to support positive

interventions

Interoperability…across all systems

If we want…

Here are three things we need to get right

ASU GSV 2016

Costly But Worth It

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$0

$5

$10

$15

$20

$25

$30

$35

Graduate College

Bachelor’s Degree

High School Graduate

Not a High School Graduate

Source: edsource.org

1979

$11 $6

$22

$33

2012

Differences in Wages Per Hours

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Less Likely to be Unemployed

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Source: U.S. Bureau of Labor Statistics 2015

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More Likely to Vote

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Source: Education Pays 2013, The College Board

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Have Better Mental Health

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Source: Gallup, “Strong Relationship Between Income and Mental Health” 2009

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Meanwhile…why are so many failing to graduate?

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Source: EdWeek

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$1.3 trillion in Student Debt

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Much of it by those who did not complete college

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Source: Federal Reserve Bank of New York Consumer Credit Panel/Equifax; US DOE National Center for Education Statistics

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Drop out > unemployment or lower salary > more likely to default

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Note Median salary is for all employed, not just recent graduatesSource: Bureau of Labor Statistics, Beginning Postsecondary Students 2009, Taking Action: Higher Education and Student Debt

STUDENTS THAT DROP OUT MORE LIKELY TO BE

UNEMPLOYED…

…AND THOSE THAT ARE EMPLOYED HAVE LOWER

MEDIAN SALARY……LEADING TO HIGHER DEFAULT

RATES

~30% of students who

took out student loans

dropped out within 6

years of starting

college

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The Costs of Failure

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Global Freshman Academy

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Connect = Results

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Source: McGraw-Hill Education Connect study, 2015

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The Two Sigma Problem

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Source: Benjamin Bloom, Educational Researcher, 1984

* Teacher – student ratio

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Source: 2015 Campus Computing Projec

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Data drives smarter decisions

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Interoperability

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McGraw Prize

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Congratulations!

ASU GSV 2016