Southern

Regional

Education

Board

SREB

College Completion and Affordability

Perspectives from the SREB

Fact Book on Higher Education, 2009

Lansdowne, VirginiaJune 22, 2009

Southern

Regional

Education

Board

SREB

27%

16%

14%

25%Overall

White

Black

Hispanic

See also page 8 in state Featured Facts and Table 4 of Fact Book.

Education AttainmentPercent of Adults with Bachelor’s or Higher Degrees SREB States, 2007

Southern

Regional

Education

Board

SREB

Educational AttainmentPercent of Adults with Bachelor’s or Higher Degrees United States & OECD Countries, 2006

0%

10%

20%

30%

40%

50%

Norway UnitedStates

Korea Denmark NewZeland

Japan Canada Ireland Belguim

Age 25-34

Age 45-54

See also page 19 in Fact Book.

Southern

Regional

Education

Board

SREB

22%

19%

19%

19%

17%

17%

14%

10%

10%All

Doctoral degree

Professional degree

Master's degree

Associate's degree

Bachelor's degree plus workexperience

Bachelor's degree

Postsecondary vocationalcertificate

Work experience or on-the-jobtraining

Projected Increases in JobsUnited States, 2006 to 2016

See also page 13 in state Featured Facts.

Southern

Regional

Education

Board

SREB

$121,300

$95,800

$70,600

$59,400

$41,400

$39,100

$33,600

$24,900

$22,700

$46,000All

Professional degree

Doctoral degree

Master's degree

Bachelor's degree

Associate's degree

Some college, no degree

High school diplomaSome high school, no

diplomaLess than ninth grade

Average Annual Earnings of AdultsUnited States, 2007

See also page 12 in state Featured Facts.

Southern

Regional

Education

Board

SREB

AK

AZ

AR

DE HI

IL

IN

IA

KS

LAME

MD

MA

MT

NE

NV

NJ

NY

NC

ND

OH

OKOR

PARI

SC

SD

VT

VAWA

AL

CA CO

FL

IDKY

MI

MN

MS

MO

NH

NM

TN

TX

UTWV

WI

WY

$28,000

$33,000

$38,000

$43,000

$48,000

16% 21% 26% 31% 36%

Adults With Bachelor's or Advanced Degrees

Pe

r C

ap

ita

Inc

om

e

GA

See also pages 25 and 38 of the Fact Book.

Attainment and Incomes2008

Few states with a low proportion of

bachelor’s degrees have a high per capita

income.

Few states with a low proportion of

bachelor’s degrees have a high per capita

income.

Few states with a high proportion of

bachelor’s degrees have a low per capita

income.

Few states with a high proportion of

bachelor’s degrees have a low per capita

income.

Southern

Regional

Education

Board

SREB

College Graduation RatesSix-Year Rates, Public Four-Year Colleges, 2007

40%

43%

56%

52%

40%

45%

58%

55%

Black

Hispanic

White

Overall

See also page 14 in state Featured Facts and Tables 39-40 of Fact Book.

United States

SREB states

The fastest-growing

population has a lower graduation

rate.

Southern

Regional

Education

Board

SREB103,592

18,348

16,476

2,664

-41,337

Hispanic

Asian

Black

American Indian

White

Public High School GraduatesSREB States, 2006 to 2016 projected

See also page 4 in state Featured Facts and Table 9 of Fact Book.

Southern

Regional

Education

Board

SREB

56%

43%

33%

27%

39%All

Asian

White

Black

Hispanic

18- to 24-Year Olds Attending CollegeUnited States, 2007

The fastest-growing population has the lowest percentage

enrolled.

See also page 9 in state Featured Facts.

Southern

Regional

Education

Board

SREB

30%

9%

6%

131%

18%

75% $11,600 (lowestfifth)

$50,000 (middlefifth)

$168,000(highest fifth)

Income Required to Pay for One YearPublic University, United States

Annual householdincome

Percent required for one year’stuition, fees, room and board

198819982008

56 points

up

See also page 21 in state Featured Facts.

198819982008

Southern

Regional

Education

Board

SREB

30%

9%

6%

131%

18%

75% $11,600 (lowestfifth)

$50,000 (middlefifth)

$168,000(highest fifth)

Income Required to Pay for One YearPublic University, United States

Annual householdincome

Percent required for one year’stuition, fees, room and board

198819982008

56 points

up

See also page 21 in state Featured Facts.

12 points

up

Southern

Regional

Education

Board

SREB

30%

9%

6%

131%

18%

75% $11,600 (lowestfifth)

$50,000 (middlefifth)

$168,000(highest fifth)

Income Required to Pay for One YearPublic University, United States

Annual householdincome

Percent required for one year’stuition, fees, room and board

198819982008

56 points

up

See also page 21 in state Featured Facts.

12 points

up

3 points up

Southern

Regional

Education

Board

SREB

7.4%7.7%

8.7%

9.3%8.9%

10.6%10.0%

11.2%11.8%11.9%

12.3%11.9%

13.1%13.9%

14.7%17.4%

10.9%11.5%

U.S.SREB

SCKYARDETNALMSTXVA

WVMDNCOKLAFLGA

1997-98

2007-08

In-State Undergraduate Tuition/Feesas a Percent of Median Family Income

See also Table 52 of the Fact Book and pages 22-23 of the Featured Facts.

Southern

Regional

Education

Board

SREB

College Affordability Gap, 2008

$3,710 $1,650 $610 $5,290

For a student from the SREB region median-income family of $43,400.

Annual Tuition/Fees, Room/Board

Public Four-Year Colleges and Universities

$11,260

Expected Family Contribution Tax Credit

PellGrant Gap

See also affordability gap handout.

Southern

Regional

Education

Board

SREB

For further information contact…

Joe.Marks@SREB.org

404-875-9211

www.sreb.org