HIS PROGRESS REPORT REPRESENTS AN IMPORTANT MILESTONE FOR 55,000 DEGREES
as we join orces to dramatically increase the number o college graduates in our city.
FOR THE FIRST TIME, WE HAVE INFORMATION THAT REFLECTS THE EARLIEST POTENTIAL IMPACT OFTHIS TWO-YEAR-OLD INITIATIVE.NUMBERS TELL PART OF THE STORY — AND THEY ARE MIXED.
Our total number o working-age adults with associate degrees or higher
rom its gradual upward climb o the previous decade, dropping by almost4,000 rom 2010 to 2011. It’s a slight percentage decline – 40.1 to 38.9 – but
CLEARLY IN THE WRONG DIRECTION.
Te drop reects a loss o almost 9,000 bachelor’s degrees at the same time ourpopulation grew and associate and graduate degrees increased.
THE BIGGEST DROP OCCURRED AMONG 25- TO 34-YEAR-OLDS
with bachelor’s degrees – a loss o talent at an age when people put down roots. One possible explanation: Telatest Greater Louisville Project study ound Louisville has lagged substantially behindcompetitor cities in providing well-paying jobs.
At the same time, our regional college and university
DEGREECOMPLETIONS ARE UP OR HOLDING STEADY.
MORE JEFFERSON COUNTY PUBLIC SCHOOL STUDENTS ARE BETTERPREPARED
or college and careers – a 10 percent increase by one measure.
MORE WORKING-AGE ADULTS ARE IN COLLEGE
A STRONG 24PERCENT INCREASE IN ENROLLMENT
in just two years. Tis is a key indicator because our 96,000 local working-age residents with “somecollege but no degree” are critical to reaching our goal.
Finally, when it comes to nancing college, this report clearly putsin ocus issues related to aordability. Students ace an intimidating landscape o costs and unding options and need help navigating choices.
THE GOOD NEWS IS THAT NET COSTS TO STUDENTS ARE LEVELINGAND ARE ACTUALLY DOWN AT SOME POST-SECONDARY INSTITUTIONS.WE WILL CONTINUE TO DIG DEEPER, STUDY DATA, ASK QUESTIONS ANDIMPROVE ON OUR EARLY EFFORTS
, recognizing that this is a time o dramatic change in the world o post-secondary education. Growth o online classes and a rapidly-shiting job market will require lielong learning. Combined withincreased nancial pressures on post-secondary institutions – including cuts in public unding – we may see a rapid evolution in new ways to prepare or and complete higher education.
IF NUMBERS REFLECT TRENDS, PEOPLE TELL THE REST OF THE STORY.
Hundreds o institutions, organizations and individuals across Louisville have rallied towardthis goal this year and said “Count Me In!” to help our community achieve 55,000 Degrees.Tis all the Gheens Foundation and 55,000 Degrees announced a $20,000 award or the mostinnovative ideas to increase the number o post-secondary degrees.
WE’VE MADE A GOOD START. BUT THIS REPORT UNDERSCORES THE URGENCY OF OUR MISSION.
It will take all o us working together to reach our goal. We are proud to lead the charge.
BOARD OF DIRECTORS
Chairman Gregory E. Fischer,
Mayor, Louisville Metro Government
Ms. Susan A. Barry,
President and CEO, The Community Foundation of Louisville
Ms. Joan Coleman,
Dr. Kevin W. Cosby,
President, Simmons College of Kentucky
Mr. David A. Jones, Jr.
Chairman and Managing Director,Chrysalis Ventures
Dr. Donna M. Hargens,
Superintendent, Jefferson County PublicSchools
Mr. Audwin Helton,
President, Spatial Data Integrations, Inc.
Ms. Alice Houston,
President and CEO, Houston-Johnson,Inc.
Mr. William M. Lear,
Chair of the Board, Stoll Keenon Ogden,PLLC
Ms. Tori Murden McClure,
President, Spalding University
Dr. Joseph J. McGowan,
President, Bellarmine University
Dr. Anthony Newberry,
President, Jefferson Community andTechnical College
Dr. Sandra R. Patterson-Randles,
Chancellor, Indiana University Southeast
Ms. Eileen Pickett,
Executive Vice President, Greater Louisville Inc.
Dr. James Ramsey,
President, University of Louisville
Mr. Benjamin K. Richmond,
President and CEO, Louisville UrbanLeague
Ms. Mason B. Rummel,
President, James Graham BrownFoundation
Ms. Leisa Schulz,
Superintendent of Schools, Archdioceseof Louisville
Dr. Rita Hudson Shourds,
Chancellor, Ivy Tech Community College,Southern Indiana
Mr. Victor A. Staferi,
Chairman, CEO and President, LG&E andKU Energy LLC
Mr. Glenn Sullivan,
President, The Sullivan University System
Mr. Joseph Tolan,
President and CEO, Metro United Way
Mr. James C. Worthington,
Worthington Law Firm, PLLC
Ms. Mary Gwen Wheeler,
Dr. Lilly Massa-McKinley,
Mr. Ko Darku,
Research and Information Coordinator
Mr. Michael Kennedy,
Mayor Greg Fischer
Chairman of the Board
Mary Gwen Wheeler