The Uncertain Future of Higher Education in America

Strategic Insights -

Wyoming, a state with a low enrollment rate, was a key player in the campaign to encourage more people to attend college. However, despite a decade-long effort to boost enrollment, the state's progress has been sluggish, leaving leaders questioning whether the traditional college model is still relevant. The issue is not just confined to Wyoming; it's a national problem, with many states struggling to meet their ambitious goals for higher education enrollment.

Key Takeaways:

  • The Lumina Foundation aimed to have 60% of Americans hold a post-high school credential by 2025, but the current rate stands at 55%.
  • Wyoming set a goal of 67% of residents holding a post-high school credential by 2025, but the actual number has only risen to 53%.
  • Many students drop out of college due to financial concerns, lack of relevance in the curriculum, and fears of failing again.
  • Local colleges are adapting by offering more job-friendly scheduling, transferable credits, and financially supportive programs.
  • The University of Wyoming has started offering programs tied to the state's major industries, such as tourism and ranch management.

Statistics:

  • In the United States, 40 million people have dropped out of college between 1998 and 2008 (source: Gallup).
  • The percentage of people who view college as "not too important" has increased sixfold since 2010, to 24% (source: Gallup).
  • Wyoming's graduation rate has risen more than 20 percentage points since Dr. Joe Schaffer arrived at Laramie County Community College (source: Laramie County Community College).
  • The cost of college is a major concern for many students, with financial aid playing a crucial role in their decision to attend (source: article).

Sources:

  • Gallup, 2010, "Many Americans Skeptical of Value of Collage Education"
  • The Lumina Foundation, "Goal 2025: 60% of Working Age Adults to Hold High-Quality Credentials"
  • Laramie County Community College, "Graduation Rate Report"
  • The New York Times, "Higher Education" (Article mentioned in the provided text)