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VCEDA Business Outlook Conference

Workforce Development:

Building Economic Vitality Through Education and Diversity

1.1 million

40

for highly-educated workers

DEMAND

38.4

35

in 2030

WILL EXCEED SUPPLY

33.0

30

25

Share (%) of all workers

20

15

10

5

0

Bachelor's Degree

Some high school

Some college

High school Diploma

Associate's degree

https://www.ppic.org/publication/will-california-run-out-of-college-graduates/

40%

35%

Only

96%

11%

Would choose a different major

Higher Ed Leaders

of

of college students say they are prepared for a job

Business Leaders

Believe student preparation is very or somewhat effective

37%

Strongly agree

Title

Can't take on new projects or major initiatives

79%

of employers expect real-world experience

49%

of companies report unfilled job openings

of students wish that college had helped them gain more real-world experience

50%

Calderon, V & Sidhu, P. (2014, February 25).

Business leaders say knowledge trumps

college pedigree. Retrieved from

https://news.gallup.com/poll/167546/business-leaders-say-knowledge-trumps-college-pedigree.aspx

1.1 million

40

for highly-educated workers

DEMAND

38.4

35

in 2030

WILL EXCEED SUPPLY

33.0

30

25

College Graduates:

Share (%) of all workers

20

15

  • Higher lifetime income
  • Enhanced Healthcare outcomes
  • More Likely to
  • Vote
  • Volunteer

10

5

0

Bachelor's Degree

Some high school

Some college

High school Diploma

Associate's degree

https://www.ppic.org/publication/will-california-run-out-of-college-graduates/

CSU Student Enrollment increase

480,000

436,000

2019

2012

VCCD 2017-2018 Degrees and Certificates

High School Gradutates Meeting UC/CSU Admissions Requirements

Ventura County 2012-2017

Reimagining Higher Education for a New Generation and a New Era

Leadership

Communication

Creativity

SKILLS

Persuasion

Collaboration

That Employers Want

Adaptability

Time Management

Petrone, P. (2019, January 1). The skills companies need most in 2019 and how to learn them. Retrieved from https://learning.linkedin.com/blog/top- skills/the- skills- companies-need-most-in-2019--and-how-to-learn-them

FY 2016

Cohort Default Rates:

57%

Pell Grant

-National

10.1%

9.6 %

-Public

eligible

-CSUCI

3.1%

Average Student Debt:

60%

First-Generation

-National

$30,100

$15,531

-California State University

$0

-for more than 50% CSUCI graduates

Neither parent has attended college or received a Bachelor's Degree

9th Most Transformative University in the Nation

2016 Economic Impact

  • $296.8 million in economic output

  • $8.3 million in tax revenue across municipalities in Ventura County

  • 2,611 jobs

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