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15 to FinishQ & A
Dr. Chaudron GilleAssociate Vice President, University Affairs & Academic Services
Ms. Sheila CaldwellDirector, Complete College Georgia
Complete College Georgia
“Any significant increase in the number of Georgians who complete college will require a historic new era of coordination between the state’s public and private colleges and the business community,” said Deal. “To have a successful future in Georgia, and remain competitive nationwide and globally, we have to have an educated workforce, and that means we need to do a better job getting people into college, make sure they receive a high-quality education and then graduate them.”
Why CCG?
By 2020, 61% of Jobs require certificate or
degree
34% of Georgia Adults have an
Associate Degree or Higher
27% Skills Gap
How We Can Help Close the Gap CCG?
Advise Educate Encourage
Georgia 15 to Finish Video
http://www.youtube.com/watch?v=LnpEncs9Sgo
Why 15 to Finish?
Too few students make it through
Drop-outs costs billions annually
Spend less on college degree
Higher Earnings in Workforce
Performance Based Funding
Too Few Make it Through
College Dropout Consequences
Higher Unemployment
Lower Median Income
Higher Loan Default Rates
Higher Unemployment
6 Months of Unemployment = $45,000 behind in lifetime earnings
Unemployment costs the government $9,900 per year for 25 – 34 year-old
The US loses $25 Billion Annually
Billions lost in State Funding
2 Year Colle
ge
4 Year Unive
rsities
$0.00$1,000,000,000.00$2,000,000,000.00$3,000,000,000.00$4,000,000,000.00$5,000,000,000.00$6,000,000,000.00$7,000,000,000.00$8,000,000,000.00$9,000,000,000.00
$10,000,000,000.00
State Appropria-tionFederal Student GrantsTotal Loss
College Completion Benefi ts
Learn More, Save
More
Quicker Entry in
Workforce
Higher Wages
Learn More, Save More
Learn More, Save More
The Outcome is Income
Higher Hourly Wages
UNG Bachelor Degree Holders earn an average
of $18.00 per hour compared to HS
Graduates who earn $8.00 per hour.
Higher Annual Incomes
2–Year Degree holders earn an average of $9,400 more annually than high school graduates.
4-Year Degree holders earn an average of $21,100 more annually than high school graduates.
Higher Lifetime Earnings
Enhanced Employment Benefi ts
Retirement Benefits
Health Savings Account
Tuition Reimbursement
Performance Based Funding
Graduation
Progression
Retention
15 to Finish Challenges
Changing the Culture
Couse Availability
HOPE
Changing the Culture
High Schools 3,000
Parent
Nights
Middle Schools 800 Counseling
Events
15 to Finish Video
1,500Community Events
Enhanced Employment Benefi ts
15 to Finish Indiana
Less than 12
12 to 14 15 or More
2.3
2.4
2.5
2.6
2.7
2.8
2.9
3
Credit Hours Attempted Column1Column2
15 to Finish Hawaii
15to Finish UNG
15% Increase by 2015
Students enrolled in 15 or more credit hours
29% Increase from fall 2013 to fall 2014
Questions
References
Brookings Institution, The Hamilton Project, 2013
College Board, Education Pays, 2013
Georgetown University, The College Payoff, 2011
U.S. Bureau of Labor Statistics, 2013
Young Invincibles, Closing the Race Gap, 2014