ACT Planning for College

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Association for College Admission
Counseling
presents
Going to College in the 21st Century
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• In this time of change, most new jobs are filled
  by people with at least two years of college, yet
  only about one in four students gets there. In
  our high schools, we will fund early intervention
  programs to help students at risk. We will place
  a new focus on math and science. As we make
  progress, we will require a rigorous exam before
  graduation. By raising performance in our high
  schools, and expanding Pell grants for low and
  middle income families, we will help more
  Americans start their career with a college
  diploma.
• -- George W. Bush
• 2004 Republican National Convention

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Options After High School
College
Private
??
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Economic Need for Higher Ed

• Over 80 of 23 million new jobs created in next
  10 years will require postsecondary education
• Individuals with professional degrees pay more
  than 18,000 more in annual taxes than H.S.-only
  graduates.
• Jobs for dropouts and H.S. graduates are
  disappearing rapidly.

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Impact of Inaction on Society

• More than 12 of 25-34 age group w/o diploma
  receive public assistance, compared to .4 with
  Bachelors Degrees
• Poverty rate of college grads is only 2.
  Families without H.S. diploma is 17.
  Single-mother families w/o diploma is 49.
• Incarceration rate for H.S grads is 4 times that
  of individuals with some college. It costs about
  26,000 annually to care for a prisoner, about
  the same as the per student cost at a public
  4-year university.

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SD Wages by Education, 2006
SOURCE SD Labor Market Info Center
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Unemployment, 2000
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Job Growth by Education, 2000-2010
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SD Jobs, Job Training, 2014
SOURCE SD Labor Market Info Center
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SD Jobs, Some Post-HS, 2014
SOURCE SD Labor Market Info Center
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SD Jobs, Bachelors, 2014
SOURCE SD Labor Market Info Center
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SD Jobs, Bachelors Work, 2014
SOURCE SD Labor Market Info Center
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Class of 09 Post-High Choices
SOURCE Dakota ACAC 2008 Junior Survey
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Class of 09 Choice of Majors
SOURCE Dakota ACAC 2008 Junior Survey
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Most Important Factors in Planning
SOURCE Dakota ACAC 2008 Junior Survey
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Areas Wanting Help in HS
SOURCE Dakota ACAC 2008 Junior Survey
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Most Important Reasons for P.H. Choice
SOURCE Dakota ACAC 2008 Junior Survey
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Freshman Attending in Home State Fall, 2004
SOURCE National Center for Education Statistics
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South Dakota Post-High Enrollments
SOURCE Assn of Collegiate Registrars
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Net Gain/Loss from Student Migration Fall, 2004
SOURCE National Center for Education Statistics
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Population 25 older with HS Diploma 2005
SOURCE National Center for Education Statistics
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Population 25 Over Bachelors or Higher
Fall, 2005
SOURCE National Center for Education Statistics
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College Graduates by State
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SD HS Graduates 1970-2000
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SD HS Graduates - Projections
SOURCE National Center for Education Statistics
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HS Graduate Projections 2002 to 2018
SOURCE Western Interstate Commission for Higher
Education
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Change in HS Graduates to 2017
SOURCE National Center for Education Statistics
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Change in HS Graduates to 2017
SOURCE National Center for Education Statistics
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HS dropouts in public schools
SOURCE National Center for Education Statistics
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Dont eliminate any college because of costs
before receiving financial assistance information!
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What is Financial Aid?

• Grants
• Campus based aid
• Loans
• Scholarships
• Other funding

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Financial Award at SD Public Institutions

• 87 of students were receiving financial aid in
  2004
• Average Financial Aid Award in FY 05 - 7,199
• 62 of Financial Aid was Federal Loans
• Average Student Loan Debt for B.A. - 20,300

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SD Public Schools Fin. Aid
SOURCE SD Board of Regents
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Grants Scholarships
SOURCE SD Board of Regents
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Scholarships

• Private
• School based
• State based
• South Dakota Opportunity Scholarship
• Dakota Corps Scholarship

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SD Opportunity Scholarships
SOURCE SD Board of Regents
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State Grant Aid (in thousands)
SOURCE Nat. Assn of State Student Grant/Aid
Progs.
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Pell Grant

• Established 1965 to cover 75 of
  cost-of-attendance for neediest students.
• In 1979, Pell Grant covered 99 of
  cost-of-attendance at 4-year public institution
• Today, the MAXIMUM award barely covers 60 of
  attendance cost
• Most Pell recipients receive less than half of
  the maximum award.
• Average Pell recipient has income of 17,300

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Need-Based Undergraduate Aid Awarded by State
Program-2004-05
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SuggestionSouth Dakota Student Loan Program ?
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Top Ten Reasons You Know Youve Picked the Wrong
College

• First ten students are offered jobs as professors
  
• Latin motto translates to Deal or No Deal .
• Kollege'" is spelled with a 'K'
• All that's in library The Best of Garfield'
• Most notable alumnus? Homer Simpson

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Top Ten Reasons You Know Youve Picked the Wrong
College

• Instead of robes, graduates are issued a
  McDonalds uniform.
• Brittney Spears is Placement Director
• So-called sports complex consists of a kickball
  and a swing set.
• Your English professor is your history professor
  with a fake mustache.
• Philosophy lectures are based on Paris Hiltons
  Thought for the Day

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Thank You Questions?