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A Quick Glance At Demographic and FinanceRelated Information

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Title: A Quick Glance At Demographic and FinanceRelated Information


1
A Quick Glance At Demographic and Finance-Related
Information
  • Educating Illinois Task Force
  • Spring 2007

2
CUMULATIVE LIFETIME EXPECTED EARNINGS (dollars in
millions)
Males
Females
3
  • Demographics

4
International Comparison Higher Education
Participation and Completion
Source National Center for Public Policy and
Higher Education based on data from the
Organisation of Economic Co-operation and
Development (OECD). Data are for 2003.
5
International Comparison Higher Education
Attainment
Source National Center for Public Policy and
Higher Education based on data from the
Organisation of Economic Co-operation and
Development (OECD). Data represent the
percentage of adults with an associates degree
or higher in 2003.
6
Participation Rates U.S. and Illinois
  • 38 percent of the 18 to 24 year old population in
    the United States (civilian, noninstitutionalized)
    was enrolled in college in fall 2004
  • 25.4 percent of the 18 to 24 year old population
    from low-income families in the United States
    were enrolled in college in fall 2004.
    Participation rate for Illinois 25.7 percent
  • Gap in college participation rates between
    students from low income families and students
    from all families 12.6 percent widest gap
    since fiscal year 1993.

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11
Preparation and Participation Illinois
  • 82 percent of 18-24 year olds had a high school
    diploma in 2006 5 percent a GED
  • 10 percent of low-income 8th graders scored at or
    above proficient on national assessment exam in
    math
  • Eighth graders scoring at or above proficient
    on the national assessment exam in 2006
  • 29 in math
  • 31 in reading
  • 27 in science

12
Preparation and Participation Illinois
  • 42 percent chance for young adults (age 19) to
    enroll in college (2006)
  • 6.2 percent high school drop out rate
  • 75 percent high school graduation rate
  • 35 percent of 18 to 24 year olds were in enrolled
    in college in 2006
  • For every 100 Chicago Public School students
  • 54 graduate from high school by age 19
  • 19 enter a four year college

13
Student Migration
  • 78,957 number of Illinois high school graduates
    who enrolled in college or university in fall
    2004.
  • 24 percent of the total number of Illinois high
    school graduates enrolled in a college or
    university out-of-state in fall 2004 (19,183)
  • 8,675 number of students from other states that
    entered an Illinois college or university in fall
    2004
  • Illinois one of only six states with net
    out-migration consistently ranks as second
    highest negative exporter (New Jersey highest)
  • Illinois migrants primarily go to institutions
    located in states bordering or near to Illinois
    Iowa, Wisconsin, Indiana, Missouri (largest
    importers)

14
Student Migration
  • Illinois student migrants typically attend large,
    nationally-ranked public research universities
    with a Big Ten culture
  • Students look for quality and prestige, and then
    look for institutional fit
  • Decisions for those who migrate out-of-state
    centers on getting the lowest overall cost
  • Illinois students attending out-of-state
    institutions typically attend institutions that
    award high institutional grants and scholarships

15
  • State Funding for Higher Education
  • And Other Budget Related Information

16
State of IllinoisFiscal Year 2007 General Funds
Appropriations
17
State Tax AppropriationsChanges by Agency
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20
Future Pressures for New State Funds
  • Health Care
  • Governors Initiatives
  • Costs for retirees
  • Retirement
  • 43 billion in unfunded liability highest in
    nation
  • 613 million required in FY2008, 661 million in
    FY2009, and 709 million in FY2010
  • Elementary and Secondary Education
  • Medicaid/Medicare

21
State Capital Improvements FY2008
  • Illinois Higher Education
  • 1.8 billion requested by colleges and
    universities 607 million recommended by IBHE
  • Huge backlog of capital needs at colleges and
    universities as well as for state agencies
  • Illinois State University
  • 203 million requested
  • 4.3 million recommended by IBHE for planning
    Fine Arts Complex Renovation Governors budget
    includes 44 million for planning and renovation
  • No new funding for capital since FY2004

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Fall 2005 Salaries
  • Administrative/Professional
  • Average salaries approximately 8 percent above
    average salary for staff in comparable positions
    at similar institutions.
  • Civil Service
  • Average salary for civil service staff lags
    average salary for all civil service staff at
    other public universities by 5.1 percent
  • Average salary for civil service staff exceeds
    the average salary for civil service staff at
    other public universities who work in job titles
    in which Illinois State has employees by 1.2
    percent.

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26
Higher Education Public Policy GroupsCurrent
Interests
  • Spellings Commission
  • A Test of Leadership charting the Future of
    U.S. Higher Education
  • Recommendations focus on improving access,
    affordability, and accountability
  • National Conference of State Legislatures
  • Reform of Higher Education among top ten issues
    for 2007 session
  • Transforming Higher Education National
    Imperative State Responsibility, NCSL (October
    2006) among reports recommendations
  • Clear State goals
  • Hold institutions accountable
  • Rethink funding, student aid
  • Reduce student borrowing and debt
  • Recommit to access and success
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