Company Philosophy

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E.T. Dunlap Lectureship Series
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Higher Educations Future In The Global Economy
Chancellor Glen D. Johnson
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Is receiving a college degree simply a private
gain for the individual or is it a public good
for the state and nation.
In The Global Economy of the 21st Century 90
Percent Jobs Will Require a College Degree
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World War II
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• For 8th, 9th and
• 10th-grade students
• Family's income not in
• excess of 50,000
• Students take college
• prep courses
• Stay out of trouble
• Maintain 2.5 GPA

Regent John Massey
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Percentage of the higher education budget paid
with state appropriations
100
75.3
75
69.3
49.5
50
25
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1988
1990
2008
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Affordability
Average Total Cost of Attendance at Public
Institutions of Higher Education
Utah
Idaho
New Mexico
Wyoming
Louisiana
Oklahoma
United States
Texas
Iowa
Nebraska
Missouri
New Jersey
Vermont
Ohio
Kansas
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The Impact of Education on IndividualsLifetime
Earnings
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20,000
18,900
20,000
18,000
17,400
Number of Oklahomas Promise Scholarship
Recipients
14,665
15,000
13,000
12,101
11,000
9,155
9,000
Projected
7,000
5,888
5,000
2,982
3,000
2,004
1,717
1,000
-1,000
2007-08
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2008-09
2009-10
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Nationally, more than one-quarter (27.2 percent)
of adults 25 and older have a bachelors degree
or more, compared to Oklahoma at 22.2 percent.
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State Per Capita Personal Income v. Share of
Adult Population with Bachelor's Degree or Higher
No state with a low proportion of Bachelors
degrees has a high per capita income.
States with high proportion of bachelors degrees
States with low proportion of bachelors degrees
Outlier state that has high income and low degree
attainment
No state with a high proportion of Bachelors
degrees has a low per capita income.
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Competing Globally
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• For every state appropriated dollar spent on
  higher education in Oklahoma an additional 5.15
  is pumped into the Oklahoma economy.
• In 2008 Oklahomas system of higher education
  will produce over 3.2 billion in growth in the
  states gross domestic product
• In 2008 higher educations capital and
  construction spending are expected to add 23,750
  jobs to the Oklahoma economy
• By the end of the next decade, Oklahomas gross
  state product (GSP) will increase by 26.292
  billion through higher educations continued
  contribution to the economy

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• Public Institutions generated 447 million in
  Federal grants

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FY 2010 Cost Savings Analysis

• Oklahoma institutions of higher education have
  implemented and developed cost savings
  initiatives that will have a total annual savings
  of 46.2 million once fully implemented.
• Cost saving initiatives focus primarily on the
  following programs
• Alternative Energy Sources Wind Energy at OU
  and CNG at OSU
• Energy Saving Programs through performance
  contracts
• FTE reduction through attrition
• Flexible work schedules in summer months (four
  day work week)
• Reduction in gasoline consumption with
  institutional vehicles
• Increase in use of distance learning
• Technology via OneNet

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Global Higher Education Efforts
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Degrees Conferred by Oklahoma Public Colleges
and Universities
Source Brain Gain Report
In 2006-07, State System institutions awarded a
total of 23,962 associate and bachelors degrees
the most awarded in a single year in state
history
23,962
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Number of Associate and Bachelors Degrees
Conferred
This is 26 percent more degrees awarded than in
2000-2001.
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
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Enrollment
Oklahoma is now ranked in the Top 10 nationally
in thepercentage of students enrolled in public
higher education.
Source Student Data Report
Enrollment in Oklahoma Public Colleges and
Universities Six Year Trend
250,000
240,000
238,245
235,730
234,873
228,249
230000
220,768
220,000
213,972
210,000
200,000
2000- 01
2001- 02
2002- 03
2003- 04
2004- 05
2005- 06
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Employment Outcomes After One Year
All System Graduates
Source 2008 Employment Outcomes Report
100
90
80
Percent of Graduates Employed In State After One
Year
70
60
50
40
2002-03
2005-06
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