Welcome to our first blog Discussion Series posts. Our food for thought is from the Public Policy Institute of California:
California’s economy is becoming increasingly dependent on highly educated workers. But unless young adults’ college-going and college graduation rates increase substantially, the supply of graduates is not likely to meet the demand. PPIC projects that by 2025, 41 percent of jobs will require at least a bachelor’s degree— but only 35 percent of California adults will have college diplomas. To put it another way, if current trends persist, the state will face a shortfall of one million college graduates. Moreover, adults with a high school diploma or less will out number the jobs available to people with that level of education. —-Hans Johnson
The Public Policy Institute of California has published interesting data stating the need for 1 million more college graduates than projected in 2025. They outline three areas to address this problem:
1) Increase enrollment rates
2) Increase transfer rates
3) Increase completion rates
While these seem obvious, addressing these solutions aren’t exactly easy.
We will all need to work together to align courswork and fiscal policies and start thinking strategically with respect to policy initiatives and education funding.
How do you think GEAR UP schools can start now in working together to address this graduate shortage????