Sunday, June 12, 2005
The constant whine out of the Board of Regents and the state universities concerning their perception of inadequate funding doesn't necessarily rally Iowan's to their cause. Chairman Gartner can go on, and on, about the dire condition of the quality of the universities and the essential need for more money, or else. But the primary issue they fail to address is just what does that state investment return to the average, non-university town,
The previous post is a copy of the 2004 Measuring Up data for the state of
And so, as the Regents rally around their cause for more money, it might be a wise strategy to come clean on their rate of return to the state. If nothing else, you have to assume that some politicos might actually appreciate an appropriations strategy built on somewhat more honest information.
| 2004 |
|BENEFITS||IOWA||Top States 2004|
|A Decade |
|EDUCATIONAL ACHIEVEMENT (37.5%)|
|Population aged 25 to 65 with bachelor's degree or higher||22%||28%||36%|
|ECONOMIC BENEFITS (31.25%)|
|Increase in total personal income as a result of the percentage of the population holding a bachelor's degree||7%||6%||12%|
|Increase in total personal income as a result of the percentage of the population with some college (including an associate's degree), but not a bachelor's degree||2%||1%||3%|
|CIVIC BENEFITS (31.25%)|
|Residents voting in national elections||61%||58%||60%|
|Of those who itemize on federal income taxes, the percentage declaring charitable gifts||89%||87%||92%|
|Increase in volunteering rate as a result of college education||n/a||19%||22%|
|ADULT SKILL LEVELS (0%)*|
|Adults demonstrating high-level literacy skills:|
*Adult Skill Levels for 2004 are estimated and are not used to calculate grades
- Compared with other states, only a fair proportion of residents have a bachelor’s degree, and this substantially weakens the state economy.
- However, residents contribute substantially to the civic good, as measured by charitable giving, volunteerism, and voting.
CHANGE IN GRADED MEASURES
- The percentage of residents who have a bachelor’s degree has increased substantially over the past decade.
- Over about the same period, Iowa has consistently performed very well on the percentage of residents voting.
OTHER KEY FACTS
- If all ethnic groups had the same educational attainment and earnings as whites, total personal income in the state would be about $452 million higher, and the state would realize an estimated $158 million in additional tax revenues.
- In 2002, Iowa scored 52 on the New Economy Index, compared to a nationwide score of 60. The New Economy Index, developed by the Progressive Policy Institute, measures the extent to which states are participating in knowledge-based industries.
- Policymakers and state residents do not have access to important information about high-level literacy skills because the state has declined to participate in the national literacy survey.