Group items tagged

Among students who begin in a two-year college, only 12 percent of underrepresented minority students and 16 percent of other students transfer to a four-year institution. Among transfers, only 55 percent of the minorities and 61 percent of other students earn a bachelor’s within six years of transferring. In sum, then, only about seven percent of minority students—and 10 percent of nonminority students—who begin in a two-year college earn a bachelor’s degree from any institution in these large systems within 10 years of starting college. These rates are far lower than for students who begin even in nonselective four-year colleges.

We can’t afford to waste this much talent. Indeed, a recent report from the independent, congressionally chartered Advisory Committee on Student Financial Assistance painted a stark picture of the consequences of current attendance patterns. According to the committee’s calculations, the combination of three forces—the increasing cost of college, insufficient need-based grant aid, and an enrollment shift among college-qualified students toward the two-year sector—resulted in a loss of between 1.7 and 3.2 million bachelor’s degrees over the last decade.

Preserving and enhancing the instructional excellence of Virginia's leading universities and of the higher education system as a whole; Increasing significantly the percentage of college-age Virginians enrolling in institutions of higher education and attaining degrees; Attracting and preparing young people for the STEM (science, technology, engineering, and math) areas and other disciplines (e.g., healthcare and advanced manufacturing) where skill shortages now exist and/or unmet demand is anticipated; Forging new effective public-private partnerships and regional strategies for business recruitment, workforce preparation, and university-based research; Making Virginia a national leader in providing higher education opportunities to military personnel and veterans; Crafting a sustainable higher education funding model that will systematically move Virginia toward higher levels of educational attainment and economic competitiveness over the next decade-and-a-half; Developing innovative ways to deliver quality instruction, cost-saving reform strategies, and affordable new pathways to degree attainment for capable and motivated Virginians regardless of income or background; Evaluating strategies to reduce costs through additional college placement testing and accelerated degree completion; and Creating effective workforce development programs through expanded use of the Community College System in coordination with the Commission on Economic Development and Job Creation.