Senate Interim Committee on the Cost of a

Senate Interim Committee on the Cost of a College Education Ms. Kathy Swan, Chair Coordinating Board for Higher Education August 30, 2006

2

3

4

Estimated Average Annual Salary in Missouri by Degree Earned (FT) l l l Certificate Degree Associate Degree Bachelors Degree Masters Degree Doctorate Degree Professional Degree $30, 475 $29, 472 $30, 011 $44, 665 $50, 683 $52, 261 5

Average Prose, Document, and Quantitative Literacy of Adults in Missouri and the Nation, By Educational Attainment: 2003 Prose Educational attainment Document Missouri Nation Less than/some high school 231 High school graduate Missouri Nation 206 228 273 262 Vocational/trade/business school 281 Some college Quantitative Missouri Nation 208 229 211 269 258 279 268 287 267 305 279 300 287 285 280 295 Associate's/2 -year degree 296 298 295 291 308 305 College graduate 324 314 303 325 323 Graduate studies/degree 327 317 311 336 332 Source: 2003 State Assesssment of Adult Literacy and 2003 National Assessment of Adult Literacy. 6

7

Civic Involvement 8

Educational Attainment for Those in State and Federal Prisons, in Local Jails, on Probation, and in the General Population Prisoners State Educational attainment Federal General Population Local jail inmates Probationers 1991 1997 1989 1996 1995 1997 8 th grade or less 14. 3% 14. 2% 11. 0% 12. 0% 15. 6% 13. 1% 8. 4% 7. 2% Some high school 26. 9% 25. 5% 12. 3% 14. 5% 38. 2% 33. 4% 22. 2% 11. 2% GED 24. 6% 28. 5% 22. 6% 22. 7% 9. 2% 14. 1% 11. 0% NA High school diploma 21. 8% 20. 5% 25. 9% 27. 0% 24. 0% 25. 9% 34. 8% 33. 2% Postsecondary/some college 10. 1% 9. 0% 18. 8% 15. 8% 10. 3% 18. 8% 26. 4% College graduate or more 2. 3% 2. 4% 9. 3% 8. 1% 2. 8% 3. 2% 4. 8% 22. 0% Source: U. S. Department of Justice, Bureau of Justice Statistics, Education and Correctional Populations, January 2003 9

10

11

Number of Degrees Conferred in Missouri by Level, FY 2005 Certificate Degrees l Associate Degrees l Bachelors Degrees l Masters Degrees l Doctorate Degrees l Professional Degrees l Other Degrees* TOTAL l *includes post baccalaureate and post master’s degrees 2, 098 10, 099 32, 519 16, 449 884 1, 468 507 64, 024 12

13 *Includes the scholarship programs administered by the DHE: Bright Flight, Missouri College Guarantee, Charles Gallagher, Marguerite Ross Barnett, Public Service Officer or Survivor, Vietnam Veteran’s Survivor, Advantage Missouri (FY 01 -FY 06)

Components of Tuition Policies l Alignment of tuition with inflation factors, contingent on level of state investment l Predictability of tuition increases l Maximum tuition limit based on formula l Seeking increased external funding 14

Cost Containment Examples at Missouri’s Public Colleges & Universities l l l Administrative reviews & l streamlining--mailing, purchasing, payroll, leave entry, grade l reporting l Utilization of energy management systems l Restructure/reduction of l departments, divisions, programs & staff l Elimination of vacant positions l Implementation of billing audits Increase use of adjunct faculty & temporary staff Deferral of facility maintenance Implementation of performance contracts Reduction in athletic teams Increase collaboration with other higher education institutions Initiate textbook rental programs Reduction/elimination of paper communications 15

Ms. Kathy Swan, Chair Coordinating Board for Higher Education Department of Higher Education 3515 Amazonas Drive Jefferson City, MO 65109 573. 751. 2361 www. dhe. mo. gov