Forecast of Higher Education’s Impact on Economic DevelopmentFebruary 19, 2020

Source: U.S. Chamber of Commerce Foundation, Hiring in the Modern Talent Marketplace (2020)

Utah: • Average Debt of

Graduates: $19,729

• % of Graduates with Debt: 36%

• Lowest in U.S. on both measures

Source: The Institute for College Access & Success (ticas.org)

Student Debt and the Class of 2018

$1,743 $1,836

$1,401

$1,173

$836 $774

$712

$520

$907

0%

1%

2%

3%

4%

5%

6%

7%

$0

$1,000

$2,000

Doctoral Professional Master's Bachelor's Associate's Some college,

no degree

H.S. diploma < H.S. Total

Medianusualweeklyearnings

Unemploymentrate

Measuring the Value of Education (2018)

Source: U.S. Bureau of Labor Statistics

Rise of the Mega-University

Source: Chronicle of Higher Education

Utah's "Most Affordable College with the Best Outcomes.”-- 24/7 Wall St.

Weber31%

Davis43%

Morgan1%

Box Elder2%

Cache2%

Salt Lake6%

Utah2%

Other Utah5%

Other U.S.7%

International1%

Fall 2019 Enrollment by County

Ogden46.7%

Davis

7.2%

Online20.7%

Other25.3%

Fall ‘19 Credit Hours by Location

2,856 3,063

3,250 3,460 3,587

2015 2016 2017 2018 2019

Fall Online Budget-related FTE

7,625 8,405

9,489 9,679

11,491

2015 2016 2017 2018 2019

Fall Concurrent Enrollment Headcount

<4 yrs, 28.5%

4 yrs, 20.5%

5 yrs, 14.9%6 yrs,

12.2%

>6yrs, 23.9%

Years to Graduation

71.0%

41.1%

Dream Weber

All Other WSU Students

Dream Weber Completion

Associate's47.6%

Bachelor's43.6%

Master's5.9%Certificates

2.9%

2018-19 Degrees by Type

68

8

84

171 10

33 30

UU USU WSU SUU Snow DSU UVU SLCC

Computer Science & Engineering

Graduates Growth 2018 to 2019

Utah

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• $2 million Dept of Labor grant• 800 apprenticeships• Industry Partners to date:• Ivanti• O.C. Tanner• WCF Insurance• Franklin Covey

• 275 in pipeline statewide

Autoliv, 3 BAE, 13

Boeing, 3Design

Criteria, 3

HAFB, 55

L-3, 9

Northrop, 14

Spectrum, 3

Other Utah, 30

Utah

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of 1

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(out

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Northern Utah Regional Workforce Development

Burning Glass Top Job Skills

• Communication• Planning• Teamwork• Collaboration • Writing • Microsoft Word • Microsoft Excel• Organization Skills• Research• Written

Communication • Detail-Oriented • Critical Thinking• Troubleshooting• Time Management• Multi-Tasking • LeadershipOgden-Clearfield MSA: May 2018/June 2019

Digital Fluency Initiative

91 A

rtic

ulat

ion

Agre

emen

ts

AAS Automotive Heavy Duty Truck –DieselAAS Automotive Service Technician (ATEP)AAS Building Design & Construction Pre-Arch.AAS Building Design, Construction, & Arch. (2-yr)AAS Computer ScienceAAS Construction Management TechnologyAAS Controls TechnologyAS Criminal JusticeAAS Design Engineering TechnologyAAS Early Childhood MajorAAS Electronics Engineering TechnologyAAS General TechnologyAS Health SciencesAAS Interior DesignAAS Manufacturing Engineering TechnologyAAS Manuf. Engin. Technology - CNC MachiningAAS Manuf. Engin. Technology – WeldingAAS Mechanical Engineering TechnologyAAS Medical Laboratory ScienceAAS Network Management TechnologyAAS NursingAAS Paramedic StudiesAAS Product Design & DevelopmentAAS Sales & MerchandisingAAS Apprenticeship – ElectricianAAS Apprenticeship – PlumbingAAS Web UX

Ogden-Weber Tech: 11Ogden District: 15Weber District: 17NUAMES: 3Davis Tech: 18

Davis District: 15Morgan District: 9Bridgerland Tech: 2Uintah Basin Tech: 1