TEAMing-UP to increase diversity in physics and astronomy
During 2018 and 2019, the American Institute of Physics (AIP) National Task Force to Elevate African American Representation in Undergraduate Physics & Astronomy (TEAM-UP), examined the persistent underrepresentation of African Americans in physics and astronomy in the U.S. as measured by bachelor’s degrees in these fields.
Student loan debt and delinquency rates rising as students continue to cover increasing higher education costs
Earning a college degree has long been touted as a prerequisite for getting a good job with the wages needed to support a middle class lifestyle, or better. However, as tuition rates have continued to rise across the country, so too has the burden of student loan debt.
Earning a college degree has long been touted as a prerequisite for getting a good job with the wages needed to support a middle class lifestyle, or better. However, as tuition rates have continued to rise across the country, so too has the burden of student loan debt.
Outstanding student loan debt increased by $20 billion from the second quarter of 2019 to a total of $1.5 trillion in the third quarter, according to the New York Federal Reserve Bank’s most recent quarterly report on household credit and debt. This amount — second only to mortgages at $9.4 trillion — accounted for nearly 11 percent of total household debt in 2019, increasing from roughly 4 percent in 2005. The most pronounced rise (37.8 percent) comes from people aged 18 to 29 — the age group for most college students — swelling from approximately 15 percent in 2005. Not only has the total value of student loan debt increased, but so has its delinquency rates.
APLU report focuses on bolstering diversity in STEM faculty
Just 10 percent of STEM faculty at four-year institutions are from underrepresented backgrounds, according to a new report by the Association of Public and Land-Grant Universities.
Innovation impacts of nation’s colleges and universities examined
A new report released by the George W. Bush Institute has measured the impact that innovation research at U.S. universities and research institutions has had on the country’s economic development. The report, The Innovation Impact of U.S. Universities: Rankings and Policy Conclusions, examines and ranks institutions on four primary impact categories: commercialization, entrepreneurship, research, and teaching.
Must read: The economic impact of access to higher ed
At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al.
At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al. show through an examination of the University System of Georgia that access to public higher education leads to “substantial economic benefits for the marginal student,” and that the state roughly breaks even on its initial investment after 10 years. Although other studies have provided descriptive evidence that identify colleges as catalysts for economic mobility, the authors looked for causal evidence of the linkage and employ a novel approach through credit bureau data.
Experts examine challenges facing research universities
In an hours-long virtual workshop that could have covered days, the presidents of the National Academies of Sciences, Engineering, and Medicine and leaders from government, academia, and publishing explored key questions the research enterprise must address to build a more effective and resilient 21st century research university. Facing challenges that may have long been present but have been exacerbated and accelerated by the COVID-19 crisis, the leaders began exploring questions that could help research universities rebound to a better place than the pre-pandemic status quo.
Higher education enrollment further threatened by pandemic, proclamation
The pandemic’s negative impact on enrollment at institutions of higher education is getting even more complicated. New figures show that the number of students that have completed the Free Application for Federal Student Aid (FAFSA), a figure that serves as an indicator for postsecondary enrollment, has decreased.
US universities work towards UN’s Sustainable Development Goals
The Times Higher Education Impact Rankings has measured 768 universities around the world against the United Nations Sustainable Development Goals (SDGs). Combining research and activity metrics, the 2020 rankings place institutions from New Zealand and Australia in the top four spots, with U.S. universities holding 14 places within the top 200.
$194.7 million grant boosts U of A research, creates new institute
The Walton Family Charitable Support Foundation is making a $194.7 million grant to advance research and economic development at the University of Arkansas and will allow a new research institute to become reality. The grant is expected to grow the university’s cross-disciplinary research capability, expand the scope of discoveries made by U of A researchers and increase the speed in transferring such discoveries to the marketplace.
Useful Stats: Science and engineering degrees by state
The total number of science and engineering (S&E) degrees awarded grew from 520,474 in 2000 to 955,401 in 2018, an increase of 83 percent, according to National Science Foundation (NSF) data. The portion of S&E degrees awarded compared to all degrees has increased as well, from a 2000 average of 31 percent of all degrees awarded to an average of 34 percent in 2018. S&E degrees includes bachelors, masters and doctoral degrees in areas such as life sciences, physical sciences and engineering.
$24M Foundation gift to U. Arkansas transforms commercialization, economic development
Late last year, the Walton Family Charitable Support Foundation announced a $23.7 million investment to strengthen technology-based economic development efforts at the University of Arkansas.
Tech Talkin’ Govs, part 6: Education, workforce, climate change top TBED agendas
Educating the next generation of workers, ensuring they will have the skills necessary for the jobs of the future and paying attention to the actions that will affect the climate are all on the agendas of the latest round of governors giving their state of the state and budget addresses. A focus on skills can be seen in addresses from governors in California, Maine, Michigan, Oklahoma and Pennsylvania. States are also continuing with initiatives to forward attention on climate change, as reflected in Maine’s climate agenda and Michigan joining other states in the Climate Alliance.
New H-1B visa rules will benefit applicants with advanced degrees from U.S. institutions
Applicants with advanced degrees from U.S. institutions of higher education who are seeking H-1B visas will be the beneficiaries of a new rule announced by the Department of Homeland Security last week. The rule change reverses the order by which U.S. Citizenship and Immigration Services (USCIS) selects H-1B petitions under the H-1B regular cap and the advanced degree exemption.
Shrinking funding for higher ed misunderstood; impacts reverberate
Decreasing state funding for higher education is having a negative effect on higher education in the New England states, according to research from the Federal Reserve Bank of Boston.
Decreasing state funding for higher education is having a negative effect on higher education in the New England states, according to research from the Federal Reserve Bank of Boston. The report comes on the heels of a recent survey from American Public Media (APM) and the Hechinger Report showed that most Americans are unaware that governmental funding for public colleges and universities has actually decreased over the past 10 years. Decreased funding has resulted in higher tuition, more student loan debt, fewer approved patent applications, and implications for the New England economy, the Fed report asserts.
Report offers guidance for university-community partnerships in urban areas
University-based economic development practitioners seeking to improve their relationships with urban areas have a new resource guide available to them, thanks to research from the Thriving Cities Lab at the University of Virginia’s Institute for Advanced Studies in Culture.
University-based economic development practitioners seeking to improve their relationships with urban areas have a new resource guide available to them, thanks to research from the Thriving Cities Lab at the University of Virginia’s Institute for Advanced Studies in Culture. The lab offers guidance for colleges and universities and in its Field Guide for Urban University-Community Partnerships, authors Joshua Yates and Michaela Accardi conduct three interrelated analyses. First, their report looks at 100 urban colleges and universities with a focus on how they interact with their home cities. Second, they cluster universities into five-distinct groups based on the types of strategies and activities they employ related to community partnerships. Based on this analysis, the authors highlight best practices at universities across the country, with a focus on specific outcomes, challenges experienced, and lessons learned, and conclude with a stepwise framework to assist colleges and universities, as well as recommendations for practitioners to make the most of these findings.
Community colleges named in college excellence program
Two community colleges in Florida became the winners of the 2019 Aspen Prize for Community College Excellence, which recognizes high achievement and performance among America’s community colleges. Winners were Indian River State College (IRSC) ($350,000) in Fort Pierce, Florida, and Miami Dade College ($350,000) in Miami; Odessa College and Palo Alto College in Texas and Pierce College in Washington were named as Rising Stars ($100,000 each).
Illinois governor proposes $500 million match for public-private research institute
In an effort to support research collaboration among the state’s largest universities, Illinois Gov. Bruce Rauner’s proposed FY 2019 capital budget would provide $500 million for the University of Illinois Discovery Partners Institute in Chicago’s South Loop. The funds would serve as a state match for private donations from individuals, corporations, and other entities.
Useful Stats: “Eds and Meds” employment by metropolitan area
As explored in last week’s Digest, the presence of Eds and Meds institutions can positively influence the levels of human capital in a region, but the need to keep costs low can hinder their overall growth. SSTI’s analysis subsequently found that employment in Eds and Meds industries increased in every state from 2005 to 2015. This article looks at Eds and Meds employment for the largest metropolitan areas in the United States. Mid-sized regions in the Northeast like Rochester, New York (4.4 percentage points), New Haven, Connecticut (2.9 percentage points), and Harrisburg, Pennsylvania (2.3 percentage points) experienced the largest growth in per-capita employment in Eds and Meds industries between 2010 and 2015.
Degree requirements dropped as equity sought in workplace
At a time when higher education degrees are both under scrutiny and lauded, one county government in Colorado is experimenting with an initiative that has eliminated degree requirements for more than 80 positions. It wasn’t the value of the degree that prompted the move, but the question of equity and wanting to achieve a more inclusive workforce. While such moves are rare, similar efforts may blaze the way to new workforce requirements and advancements and help inclusion.
State funding for higher ed only half recovered
State funding for higher education has only halfway recovered in the 10 years since the Great Recession, according to a recent State Higher Education Finance (SHEF) report. The report also found that while higher education funding is stabilizing, the shift to greater reliance on tuition as a revenue source has leveled off, but remains higher than since before the Great Recession.
Roadmap provided for university research and tech commercialization
As a bedrock of American innovation, universities and federal laboratories research and develop new products that help drive economic growth. A new study from the Economic Growth Institute at the University of Michigan aims to improve national competitiveness in this arena by providing a roadmap for universities that includes best practices on translating research from the lab to the marketplace.
$42.4 million philanthropic grant to help fuel regional innovation in Northern Indiana
As a way to help encourage innovation and workforce development in Northern Indiana, a five-year, $42.4 million grant from the Lilly Endowment will support the Labs for Industry Futures and Transformation (LIFT) Network. An effort of the University of Notre Dame and the South Bend – Elkhart Regional Partnership, the LIFT Network will launch iNDustry Labs at Notre Dame’s Innovation Park, a burgeoning innovation district on the campus’ southern end. This is the sixth region in Indiana where the Lilly Endowment has made an economic development commitment.
Washington’s expansive college tuition program intended to build state's workforce
The Washington legislature passed a higher education bill that is awaiting the governor’s signature that would provide more aid for state residents attending higher education institutions in the state. The bill could raise nearly $1 billion over four years through an increase in the state’s business and occupation tax.
Adults without degrees can benefit from certificates
While higher education remains a viable path to economic advancement, adults without a postsecondary degree are increasingly benefitting from non-degree certificates and certifications, according to a recent report. As automation and technological advances demand more skills from workers in the changing economy, Strada Education Network and Lumina Foundation partnered to determine the value and impact of the growing number of non-degree credentials.
Higher ed playing outsize role in rural economies
The importance of higher education institutions in helping rural communities build innovation-based ecosystems has been detailed in a report released by the Center on Rural Innovation. Higher Ed’s Key Role In Rural Innovation Ecosystems profiles 10 colleges and universities that have been engaged in their area’s innovation environment and explores what techniques each institution has found most useful in building that ecosystem.