It’s no secret that the status quo in higher education is facing a lot of pressure from things like skyrocketing tuition, ballooning student loan debt, people questioning the need for higher education, difficulties graduates are getting established in careers, etc.
One organization focused on helping universities navigate the transition to a new future and boost higher educational attainment rates in the US is the Lumina Foundation. Lumina is a $1 billion foundation in Indianapolis – no, they don’t give out scholarships! – focused on “increasing the proportion of Americans with high-quality degrees, certificates and other credentials to 60 percent by 2025.”
I recently sat down with Danette Howard, VP of Policy and Mobilization for Lumina, and talked a bit about their work and the future of higher ed. Danette was formerly Secretary of Higher Education for the state of Maryland. If the audio player embed doesn’t play for you, click over to Soundcloud to listen.
As a preview, here’s an excerpt of her response to those, especially in tech industry, challenging the idea, particularly heard in the tech industry, that people don’t need to go to college:
We hear all the time about these incredible outliers. Bill Gates and Mark Zuckerberg are not your traditional college dropouts, and I really wish that people would stop holding them up as the example. Because for every one of them, there are millions of others who also didn’t complete college and whose lives are not nearly as successful as they would be if they had some type of post-secondary credential, in my opinion. And, it’s a fact that post-secondary education is still the best predictor of lifting oneself out of poverty. So if you want to have a better life for yourself, and you are starting at the lowest income levels, your surest best of doing that is getting a college degree or credential. That’s an undisputed fact.
Update 9/9: I want to add as a disclosure that I’m a finalist in a competition that’s being sponsored by Lumina. Though as far as I know Danette has nothing to do with that. I first made contact with her as part of researching an article on college tuition.
On the same topic, City Journal also has an article out called “Slimming the College-Tuition Beast.” Here’s an excerpt:
Some states are proposing to get rid of pay-as-you-go tuition altogether. Citing the “increasing unaffordability of college education,” Oregon’s legislature unanimously approved a plan last summer–“Pay It Forward, Pay It Back”–that would make tuition free for resident students attending the state’s public universities and community colleges. In exchange, the students would sign “binding contracts” requiring them to pay a percentage of their future income, over a set number of years, to the state. Oregon’s Higher Education Coordinating Commission (HECC) will determine how much students will pay and for how long, and come up with a funding source for the first 15 to 20 years of the program. After HECC works out the details, it will send its recommendations to the 2015 legislative session. The plan will launch initially in a few pilot schools.
Given the good deal that Pay It Forward offers students, it’s no surprise that the program emerged from a classroom–one belonging to Portland State University professor Barbara Dudley. A cofounder of Oregon’s left-wing Working Families Party, Dudley wanted to offer a senior capstone class on a subject that was, in her words, “relevant to the community.” So she chose the economics and politics of student debt, asking her students to propose a solution to the growing tuition burden. After reviewing research from Seattle’s Economic Opportunity Institute, the students came up with Pay It Forward. Kevin Rackham, one of Dudley’s former students, tells me that he lobbied for the idea “because of my experience with debt, because I know how much this debt is going to impede my ability to do things like buy a car and house and start a family.” After developing Pay It Forward further with the Oregon Students Association and the Working Families Party, Dudley’s students approached a group of state legislators, who introduced a bill based on their suggestions.