Working Together for Minnesota s Prosperity

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1 Working Together for Minnesota s Prosperity Coalition of Greater Minnesota Cities Fall Conference November 16, 2012 Minnesota State Colleges and Universities The Minnesota State Colleges and Universities system is an Equal Opportunity employer and educator.

2 MnSCU System 31 institutions 7 state universities 4 community colleges 4 technical colleges 16 combined colleges 54 campuses 47 communities 420,000 students Open admissions policy 2

3 Enrollment Growth 18%+ 3

4 Cost of Educating a MnSCU Student $8,000 $7,800 $7,855 $7,600 $7,400 $7,200 $7,000 $7,035-10% $6,800 $6, MnSCU Total General Fund Expense Per Student (adjusted for inflation)

5 Lower Appropriations, Higher Tuition 80% Minnesota State Colleges and Universities State Appropriation and Tuition as Percent of Total Revenue 70% 66.3% 60.1% 58.9% 60.3% 61.2% 60% 51.7% 50.5% 50% 40% 48.3% 49.5% 30% 39.9% 41.1% 39.7% 38.8% 33.7% 20% 10% 0% Appropriation Tuition 5

6 State Appropriation Per FYE (Constant $) Minnesota Higher Education Funding Cuts significantly deeper than national average $10,500 $10,000 $10,089 $9,500 $9,000 $8,961 $8,500 $8,000 $8,148 $8,316 $8,015 $7,500 $7,398 $7,364 $7,000 $6,500 $6,000 $7,098 $6,875 $6,382 $6,497 $6,663 $6,532 $6,290 $6,088-23% $5,500 $5,000-48% MN US $5,221 6

7 Minnesota s Highest Value, Most Affordable Higher Education Option 7

8 Impact in Greater Minnesota 41 of 54 campuses 65% of graduates 70% of employees 61% of students 70% of budget or ~$1.4 billion each year. 8

9 Strategy for Greater Minnesota Maintain our presence Expand access Greater use of technology Align programs with needs Focus on outcomes Strengthen relationships with communities 9

10 Innovation with Greater Minnesota Mechatronics program Nano Technology Composite engineering Project Lead the Way Iron Range engineering Applied Learning Institute Bridges Workplace Connections and Career Academies Agriculture and Agribusiness Unmanned Aerial Systems Robotics Automated Technology Advanced Simulationbased Healthcare Training Advanced Manufacturing Alliance 10

11 Urgent Challenges Facing Minnesota By 2018, 620,000 job vacancies requiring employees with post-secondary credentials 25% of high school students (50% of students of color) do not graduate on time 669,000 Minnesotans have attended college but not finished Education attainment a particular challenge in rural counties 11

12 Shared Values Every Minnesotan deserves the opportunity to create a better future for him/herself and contribute to our state s prosperity Minnesota and its regional economies can compete globally Minnesota can lead the nation, be among the best in the world in delivering high-quality, affordable education Minnesota State Colleges and Universities can deliver graduates with both the technical and foundational skills needed to advance Minnesota s competitiveness 12

13 Working Together: A Shared Responsibility Minnesota State Colleges and Universities Business & Industry Students & Families Minnesota s Prosperity Governor, Legislators, DEED, DOE Communities Across Minnesota Public & Taxpayers 13

14 Ensure Minnesota s Prosperity Focused Strategies Increase Student Enrollment Accelerate Completion Produce Graduates Produce Graduates with Required with Required Technical and Technical and Foundational Skills 14

15 Workforce Listening Sessions 50 sessions throughout state Eight industry sectors Engaged >1,450 participants, >650 business representatives Key Findings: Shortage of qualified workers Technical and foundational skills Promote career and technical education Provide training on latest equipment Internship/apprenticeship experience 15

16 Advance Competitiveness of Minnesota s Workforce Internships and apprenticeships $12 million in state funding matched by $12 million of employer funding 10,000 internships and apprenticeships in 2015 Leveraged equipment program Train students on state-of-the-art equipment and technology $21 million in state funding matched by $21 million of private funding Matching funds secured, equipment in place or ordered within 12 months 16

17 Increase Access and Affordability Meet critical needs in high-demand, high-growth professions 5,000 additional students, 2,500 additional graduates in 25 high-demand academic programs by 2021 Drive efficiencies to hold tuition down and improve quality $44 million in administrative efficiencies Modest tuition increases $145 for full-time college students, $205 for full-time university students Complete a state-wide scholarship campaign Raise > $20 million in private funds to assist >16,000 students Provide access to the state grant program for part-time students Expand financial aid availability for at least 7,500 additional students 17

18 Accelerate Completion Increase student retention and completion Implement student progress tracking and predictive analytics Improve persistence to at least 77% by 2017 Improve student success to at least 55% by 2021 Expand PSEO and concurrent enrollment Increase student participation to at least 27,000 students by

19 Redesign the Transition from Secondary to Post-secondary Leveraging partnership with Minnesota Department of Education, the Minnesota Office of Higher Education and high schools across Minnesota to: Align assessment measures 2. Provide targeted remediation to high school students who are not on track to be ready for post-secondary education 3. Expand early college credit options for high school students who are ready for post-secondary rigor 4. Provide information to students and their parents on current and future workforce needs

20 Collaborative Funding Strategy All Sources of Support Efficiencies & External Support 35.5% $97 million Tuition 29.0% $ 78 million State Support 35.5% $97 million 20

21 Outcomes that will Advance Minnesota s Prosperity Academic programs aligned with workforce needs Skills gap reduced More graduates in critical high-demand, high-growth professions More graduates with experience on state-of-the-art equipment and technologies Affordability protected and enhanced Increased enrollment, particularly among underserved communities Improved degree completion rates 21

22 Working Together for Minnesota s Prosperity Advance Competitiveness of Minnesota s Workforce Increase Access and Affordability Accelerate Completion 22