Emporia State University

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Higher Education Benefiting All Kansans
Emporia State University October 14, 2008
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The Kansas Board of Regents
GOVERNING BOARD 6 State Universities COORDINATI
NG BOARD All 32 Public Higher Education
Institutions 7 Public Universities, 19
Community Colleges, and 6 Technical Colleges
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THE BOARDS ADDITIONAL RESPONSIBILITIES INCLUDE

• Career Technical Education (Technical
  Education Authority)
• Student Financial Aid Programs
• Adult Education Programs
• GED
• Private Proprietary Schools Out-of-State
  Institutions
• The Kan-ed Network

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FUNDING CHALLENGES
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Calculated For Inflation (CPI)
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-18
Calculated For Inflation (HEPI)
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DEFERRED MAINTENANCE
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• Deferred Maintenance Curable physical
  deterioration that should be corrected
  immediately, although work has not commenced
  denotes the need for immediate expenditures, but
  does not necessarily suggest inadequate
  maintenance in the past (The Dictionary of Real
  Estate Appraisal, 3rd Edition).
• In 2007, the state universities faced a daunting
  and increasingly dangerous maintenance backlog of
  663 million.
• At the same time, the states community
  colleges, technical colleges, and Washburn were
  facing a maintenance backlog of 172 million.
• The 2007 Legislature approved a 5-year funding
  plan which will provide 90 million in state
  funds and 44 million in interest earnings to the
  state universities tax credits that could
  generate up to 158 million in private
  contributions to the 32 public higher education
  institutions and 100 million in interest-free
  bonding authority for the community colleges,
  technical colleges, and Washburn.

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• For the state universities, the 5-year plan, if
  fully-funded, will address approximately 38 of
  the 663 million maintenance backlog that exists
  among the 429 state-owned mission critical
  academic buildings.
• In a recent nationwide survey, 73 of students
  said facilities related to their major were
  extremely or very important in deciding where
  they would attend college.
• The State of Kansas must commit to providing a
  high quality learning environment if we intend to
  retain and attract the best and brightest
  students.

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WHY INVEST IN
HIGHER EDUCATION?
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THE NEED FOR HIGHER EDUCATION CONTINUES TO
INCREASE

• The U.S. Bureau of Labor Statistics estimates
  that between 2004 and 2014, 80 of the nations
  fastest-growing occupations will require some
  level of postsecondary education.
• The Bureau also estimates that jobs requiring
  higher education will grow by 22 between 2002
  and 2012 nearly double the rate of non-college
  jobs.
• In addition, the highly-educated baby-boom
  generation is nearing retirement age, and
  shortages in the scientific and
  engineering-related fields will be particularly
  acute.

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HIGHER EDUCATION MEETING THE STATES WORKFORCE
NEEDS

• Nurses In 2006, the Legislature approved the
  Boards 10-year, 30 million nursing shortage
  initiative which has since attracted national
  attention. In its first year, the program has,
  among other things, increased nursing school
  admissions by 507 students exceeding the
  Legislatures goal by 103.
• Pharmacists In 2007, the Legislature helped to
  address the states pharmacist shortage by
  enhancing programs in Lawrence and Wichita
  resulting in the addition of 85 new pharmacy
  students annually.
• Teachers In 2007, the Legislature worked with
  the Board to improve the states teacher service
  scholarship programs which meant an additional
  215 students (an 87 increase) received teacher
  scholarships last year.
• Engineers ?

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SOCIETY BENEFITS FROM HIGHER EDUCATION

• The most widely recognized gains from
  postsecondary education are the economic benefits
  that individual graduates receive in terms of
  greater lifetime income. But it isnt just the
  individuals who have gone to college who benefit
  the larger society also gains.
• Not only do graduates pay more taxes on their
  typically higher incomes, but they also tend to
  have better health, rely less on government
  social programs, are less likely to be
  incarcerated, and are more likely to engage in
  civic activities.

From the Solutions for Our Future Project
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NOW IS THE TIME TO INVEST IN HIGHER EDUCATION

• Higher education institutions are an engine for
  economic growth. Increased skills boost overall
  economic productivity, which in turn contributes
  to economic growth.
• During the post-war years from 1948 to 1973, it
  is estimated that education and the innovation
  that arose from it accounted for 2/3 of the
  increase in U.S. economic growth. Increasing the
  nations average level of schooling by one year
  could increase economic growth by 6-15, adding
  between 600 billion to 1.5 trillion to U.S.
  economic output.

From the Solutions for Our Future Project
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The Kansas Board of Regents shall pursue
measurable continuous improvement in the quality
and effectiveness of the public postsecondary
educational system in Kansas, while expanding
participation for all qualified Kansans. To
achieve that mission, the Board will demand
accountability, focus resources, and advocate
powerfully.
www.kansasregents.org