APC Colleges White Paper

7/27/2019 APC Colleges White Paper

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Proprietary

CollegesBelieve.Achieve.

Succeed.

Prepared by The Association of Proprietary Colleges


2/20

The Association of Proprietary Colleges

Table of Contents

Introductions

NewYorksWorkForceSolution

ImprovingAccesstoHigherEducation

NewYorksEconomicWorkhorse

APCCollegesAcrossNewYork

Footnotes

i

1-2

3-6

7-11

12-15

16

17

Association of Proprietary Colleges121 State Street, Albany, NY 12207

Tel: 518.437.1867 Fax: 518.437.1048

Email: [email protected]: www.apc-colleges.org


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The Association of Proprietary Colleges 1

Introductions

A Message from the President

AsPresidentotheAssociation

oProprietaryColleges(APC)anorganizationthatrepresents26degree-grantingproprietarycollegeson36campuses,serving50,000studentsinNewYorkState,Iamproudtoleadagroupthatisdedicatedtoimprovingourstateseconomythrougheducation.

Thisreportexplainswho

weareandwhatwedo.Ourrolebeginswithasustaining

mission:Proprietarycollegesexisttoprovidestudentswhoneedordesireaocusedentrypointintotheworkorceaclearpathtothatgoal.Inademanddriveneconomy,whereemployerscravejobapplicantstrainedorspecicemploymentunctions,studentschoosecollegesthatcansharplypivottomeetthoseneeds.Weexist,quitesimply,toeducatestudentsorthejobsthatareavailabletodayandwillbetomorrow.

Ourmissionalsoistolistencareullytowhatemployersneedandplanaccordinglysothatbothtraditionalandnon-traditionalstudentscanbestgainthecareerskillstheyneedtoachievetheullpromiseoAmericanlie.

Toulllthismissionrequiresacommitmenttoqualityeducation.Weknowtherearenoshortcutsorourstudentsacademicsuccess.Thatiswhywenowoerdegreesrangingromassociatedegreesthroughdoctoraldegrees.

Studentschooseproprietarycollegesbecausetheyoerexibleschedules,smallerclasssizes,acultywithrealworldexperienceandremediationwherenecessary.APCCollegeshavealaser-likeocusoncareerplacement,meetingthedemandso

anever-changingmarketplace.Wehavebecomeanadapter,connectingstudentstotheactualskillsneededtolaunchcareersinournewlyat

economicworld.

Consequently,wellavitalnicheamongtheoursectorsohighereducation.Eachotheoursectorsservesasustainingroleenrichingopportunitybymeldingacollegeeducationtostudentaspirations.Fromthisdiversestructureohighereducationcomesanacademicstrengththatenhancesourstateseconomicdevelopmentprospectsduringthistryingtimeoscaltravail.

Weoperateonasimpleeducationalmodelthatholds:Iwedeliveraproductpeoplewantinourcase,anemployablegraduatewestayinbusiness.Ourinstitutionshavebeenatthismissionoraverylongtime,somegoingbackto1854.Outothiscontinuitycomesanenduringcommitmenttoourstudentsandourcommunities.

Therecenttraumasaictingournationaleconomymakethismissionnotjustimportant,butessentialEssentialnotjustorourinstitutionsandour

students,butorourstateandournation.

Wearearesh,excitingandgrowingactoradvancingNewYorksconstellationohighereducationopportunities.

StephenJ.JeromePresident,MonroeCollege

StephenJ.Jerome,

President,

APCColleges,

MonroeCollege


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The Association of Proprietary Colleges2

Introductions

About the Association of ProprietaryColleges (APC)

APCCollegesempowerstudentstoBelieve,Achieve,Succeed.

APCisoneoNewYorksoursectorsohighereducation,representing50,000studentspursuingassociate,bachelors,masters,anddoctoraldegrees.Withsmallclasssizes,exibleprogramsandcareer-ocusedinstruction,APCCollegesconnectstudentstomeaninguljobsinavarietyotraditionalandemergingproessions.

Frombusinessadministrationtocomputerprogramming,healthcaretovisualarts,APCstudentshaveaccesstotheup-to-datecurriculumandthepracticalskillsandeducationtheyneedtosucceedintodayscompetitiveworkplace.

WeenjoycloserelationshipswithNewYorksbusinesscommunitybecauseweprovideemployablegraduateswhoareeducatedtomakeimmediateandvaluablecontributionsintheworkorce.Ourcollegeshavesomeothebestjobplacementratesashighas98percentamongallNewYorkcolleges.

Asthisreportshows,APCmembercollegesaretaxpayinginstitutionsthatreceivenodirectstatenancialassistance,investmillionsodollarsannuallyincapitalimprovements,employthousandsoNewYorkersandaccountormillionsodollarsineconomicimpactintheircommunities.APCCollegesprovidemillionsodollarsinannualscholarships,positivelyimpactingincome-qualiedstudentsandtheiramilies.

Inaddition,comparedtotheothersectorsohighereducation,APCCollegesarethemostraciallydiverseandservethelargestpercentageonanciallyneedystudents,increasingthequalityotheirlivesastheybecomeproductivecitizens.

Theproprietarysectorcontinuestobetheastestgrowingdegree-grantingsectorinthestate.Asyouwillreadinthisreport,enrollmenthasnearlydoubledsince1980,andthestateprojectsuturegrowthtooutpacetheotherthreesectorsohighereducation.

ThehallmarkoanAPCCollegeisinthewayittreatsitsstudents.Fromthehands-oneducationbyeld-qualiedaculty,tothesmallclasssizesandgenerousgrantprograms,totheextensivecareercounselingandplacementservices,APCCollegespreparestudentsorulllingcareers.

A Proud Tradition

In1978,thevepresidentsoAlbanyBusinessCollege,MonroeCollege,RochesterBusinessInstitute,UticaSchooloCommerceandtheWoodSchoolormedtheAssociationoPrivateDegreeGrantingInstitutionsthroughincorporationbytheNewYorkStateBoardoRegents.Thesecollegeleaderssuccessullyarguedthattheirinstitutionswereno

dierentthanothercollegesandthereoreshouldhavetheauthoritytoawarddegrees.

ThehistoryoproprietarycollegesinNewYorkisrichanddeep,anditgoesmuchurtherbackthanthecreationothisassociation.BryantandStrattonCollege,whichwasoundedin1854,JamestownBusinessCollege(1886),andUticaSchooloCommerce(1896)arestilloperatingsuccessully.Manyotherproprietary

institutionscametobeinthersthalothe20thcentury;TheCollegeoWestchesterwasoundedin1915,BerkeleyCollege(1931),MonroeCollege(1933)andManhattan-basedLIM(1939).APCCollegeshavedeepandsolid

rootsinNewYorkState.


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New Yorks Work Force Solution

3

APCCollegesarestructuredtorecognizeandadjusttotrendsintheworkorce.Asindustriesemerge,weworkwiththebusinesscommunitytomakesureweareeducatingthenextgenerationoproessionals.Ourbusinessmodelisespeciallyrelevantintimesoeconomicturmoilandtremendousjobloss.Whilesomanyareocusedoncuttingcosts,includingjobs,APCCollegesareocusedonllingthejobsthatarebeingcreated.

Asaresult,APCCollegeshavebecomeamajor

actorinthestateseortstodevelopahighqualityandsustainableworkorce.

APCCollegesarepartotheWorkForceSolutionbecauseourstudentscompletetheirstudyullypreparedtojointheworkorce,makingthemvery

6%

20%

22%

18%

30%

22%

14%

24% 23%

67%

57%

SUNY CUNY Independent Proprietary

Associate Bachelor's Master's

30%

Five-Year Growth, Percentage of Degrees Awarded,

by Sector, 2001-02 through 2006-071

attractiveprospectstoemployers.OurcollegesdevelopdegreeprogramsthatmeetandexceedregionalaccreditationandStateBoardoRegentsstandardswhilemeetingtheneedsobusinesses

andstudents.

NewYorkStateEducationDepartmentdatashowstheproprietarysectorisexperiencingstrongandsustainedgrowthindegrees

awarded,duetoconvenientlocations,atargetedcurriculumandexibilityoschedules.Highplacementratesmeanthesegraduatesentertheworkorceimmediately,becomingpartotheWorkForceSolution.Inparticular,thegrowthothemastersandbachelorsdegreeprograms,asshownbelow,istestamenttothesectorsabilitytoadjusttothedemandsobusinessandindustry.

The growth of the masters andbachelors degree programs is

testament to the sectors ability toadjust to the demands of business

and industry.


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Associate Degree Graduation Rate at Institutions

First Entered, Within Three Years, 2006

25%

11%

39%

28%

24%

SUNY CUNY Independent Proprietary State Average

Source: New York State Education Department using National Center for Educational Statistics (IPEDS) data.

APC Colleges adjust curriculum in

consideration of industry and employer

needs, as well as employment growth

trends. More than 18,000 jobs open up

annually in New York in the following

professions: Accounting and Financial

Management; Business Management and

Administration; Computer Software and

Systems; and Computer Information Systems

Management. APC Colleges offer degrees in

these and other high-growth job markets.1

APC FAST FACT

Whiletherehasbeenanincreaseinbachelorsandmastersdegreesawardedbyproprietarycolleges,thesectorhaslongbeensuccessulinawardingassociatedegrees.Asshownbelow,the

proprietarysectorsgraduationrateorassociatedegreesisourpercentagepointshigherthanthestateaverage,andsecondamongtheoursectors.


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5

MeetingtheNeedsofStudentsandBusinesses

AcornerstoneoAPCCollegesisthecareerservicestheyprovidetostudents.

Bryant&StrattonCollege,whichhaseightcampusesinourupstatemarkets,hasullystaedcareerservicesdepartmentsineachmarket.Thedepartmentplacesstudentsininternshipsandull-timepositionswithtopemployersthroughoutNewYork,ensuringthatstudentssupplementtheirclasstimewithhands-oncareerexperiences.

LikeotherAPCColleges,Bryant&Strattonenlistslocalbusinessleadersandproessionalstoserveonadvisoryboards.Theseboardshelpshapecurriculumtomeettheneedsobusinesses.InSyracusealone,Bryant&StrattonhasadvisoryboardsortheBusiness,GraphicDesignandMedicalAssistingdegreeprograms.Graduatesarehiredbysomeothestatesmostrespectedbusinesses,includingAlbanyMolecularResearch,RensselaerPolytechnicInstitute,M&TBankandStrongMemorialHospital,tonameaew.

TheCollegeoWestchesterhasacareerservicesstrategythatleadstohighplacementratesaswell.Othe243studentswhograduatedwithassociatedegreeslastJune,95percentoundjobswithinsixmonths.

AttheLaboratoryInstituteoMerchandising(LIM),studentscompletethreerequiredinternshipswithsomeothebiggestnamesinashionmerchandisingandretail,suchasTommyHilger,Gucci,DKNY/DonnaKaranIntl.,GiorgioArmani,Macys,KennethColeandRalphLauren.LIMcontinuestoproducehighqualitygraduates,morethan90percentowhomlaunchcareerswithNewYorksashiongiantswithinsixmonthsograduation.Thecalibero(LIM)studentsisarsuperiortotheotherschoolsIveworkedwith,saidGucciHumanResourcesManager,LoriStrober-Lewin.

Becauseothecareer-speciccurriculumatAPCColleges,studentsentertheworkorceabletoquicklyadapt.MariaCruz,ofcemanagerattheNYUHospitalorJointDiseases,reportedthatourohersevenstamembersaregraduatesotheMandlSchoolinManhattan.With29physiciansinabusyorthopedicspractice,itsimportanttohavewell-trainedmedicalassistants.TheresumesIwasreceivingromothersourceswereinadequate,Cruzsaid.ButoverthepasttwoyearsIvehiredMandlgraduates.Itsbeenagreatrelationship.Mandlstudentsaretrainedverywell.

OneofaKind

APCCollegesareknowntoquicklychange

curriculuminresponsetothedemandsoevolvingindustries.Acaseinpoint:Intheheart

oNewYorkCity,theLaboratoryInstituteo

Merchandising(LIM)isalreadyuniqueamongUnitedStatescollegesanduniversitiesinthatits

missionandocusisonthestudyobusinessand

ashion.Inurthertestamenttoitseducationalvision,LIMhasnowestablishedamasters

degreeinbusinessadministration(MBA),with

concentrationsinFashionManagementandEntrepreneurship.TheLIMMBAistheonly

programoitskindintheUnitedStatesandoneoahandulosuchprogramsworldwide.

ThroughoutNewYork,APCCollegesaredistinguishingthemselvesorqualityand

innovation.Forveconsecutiveyears,students

romMonroeCollegeintheBronxhavewontheregionalcompetitionandadvancedtothe

nationalnalsintheprestigious.Studentsin

FreeEnterprise(SIFE)competition,inwhich

studentsapplywhatislearnedintheclassroomtoimprovingcommunities.Inonesuchproject,

CupidinBusiness,studentsprovidedwomeninshelterswithmotivationalskills,vocational

trainingandnancialliteracy.In2005,MonroestudentswonthenationalSIFEcompetition.


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Changing Work Force Needs: The Projected Percentage

Employment Growth in the U.S. from 2004 to 2014 by

Level of Education Required2

ABureauoLaborStatisticsstudyshowedthathighskilljobsrequiringadvancededucationwillmakeupnearlyhaloalljobgrowthinthe

UnitedStates.Thisisanindicationthatthenationiscontinuingtoshitrommanuacturingandarmingjobstowardaservice-andinormation-basedeconomy.Italsoshowsthatahighschooldiplomaisnolongerapassporttosuccessgiventodayseconomictrends.

Betweennowand2014,jobsrequiringatleastanassociatedegreewillincreaseataasterratethanthosejobsthatrequireon-the-jobtraining,

indicatingthathighereducationiskeytondingajobthatpaysalivingwage.2

11.4%

8.5%

8.7%

9.6%

17.7%

19.6%

16.6%

18.8%

30.8%

19%

25.1%

0% 5% 10% 15% 20% 25% 30% 35%

Professional Degree

Doctorate Degree

Masters Degree

Postsecondary Plus Work Experience

Bachelor's Degree

Associate Degree

Postsecondary Vocational Award

Work Experience in Related Occupation(No Formal Award)

Long Term On the Job Training(No Formal Award)

Moderate On The Job Training(No Formal Award)

Short Term On The Job Training(No Formal Award)


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Improving Access toHigher Education

Percent of Race/Ethnicity Full-Time Enrollment,

2007, 2- and 4-Year Institutions Combined3

15%

48%

15%

51%

Black and Hispanic Students


Duringthistimeoscaluncertainty,improving

accesstohighereducationhasneverbeenmoreimportant.ByincreasingaccessormoreNewYorkers,wewillbeabletoprovideawell-educatedworkorcecapableorebuildingNewYorkseconomy.

BusinesseswillbemorewillingtobringjobsbacktothestateandkeepthemherewhenNewYorkcansteadilyprovideahigh-qualitysupplyowell-educatedproessionals.

ProvidingaccesstotheminoritycommunityisanareainwhichAPCCollegesexcel.Othe50,000studentscurrentlyenrolledatAPCCollegesannually,morethanhal51percentareblackor

Hispanic,comparedto48percentorCUNYand15

percenteachorSUNYandindependentcolleges.Minoritystudentshavehistoricallyselectedproprietarycollegesovertheothersectorsohighereducation.

APCCollegesrecognizethechallengebroughtonbylowgraduationratesandhavedevelopedamodeldesignedtohelpstudentsthriveandgraduate.Thisincludesremedialprograms,whichhelpstudentsacclimatetothepaceanddemandsocollegestudy;smallclasssizes,whichprovides

amoreattentivelearningenvironment;andinternshipprograms,whichenergizestudentsbyputtingtheminrealworksettings.


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Minoritystudentsareearningassociatedegrees

romtheproprietarysectoratahigherratethanminoritystudentsinothersectors.NewYorkseconomybecomesmoreinvigoratedasmore

traditionallylow-incomeresidentsearncollege

degreesandjointheworkorcewithsalariesthatarehigherthanthoseonon-collegegraduates.

15%

9%

22%

26%


Graduation Rates for Black and Hispanic Students

by Sector, Associate Degrees Earned Within

Three Years of Enrollment, 20064




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StudentsattendingAPCCollegesaremorediverse

andnanciallyneedythanstudentsromothersectors,andtheymustsecureundsrombothNewYorksTuitionAssistanceProgramandtheederalPellgrantprograminordertoattendcollege.

Amajorityoourstudents,especiallythosewhoattendAPCsurbancolleges,wouldnothaveaccesstothetypesoeducationoeredbyourcolleges,wereitnotorthegrantsandscholarshipsavailable.Inact,whilelow-interest

loansareavailabletocollegestudents,manystudentsintheproprietarysectordonotqualiy

orloansbecauseosocioeconomicactors.

Withoutgrants,collegeissimplynotanoption.

Additionally,manystudentsenteringcollegetodayarenotpreparedortherigorsostudyandrequiresomeleveloremediationtosucceed.APCCollegeshavedevelopedhighlyeectiveremediaprogramsthathaveresultedingraduationratesonparorbetterthanothersectorsandbetterthanthestateaverage.

Manychoosetocoverproessionaltopicssuchas

etiquette,wardrobeandethics,alongwithbasicstudy,mathandlanguageartsskills,allowhichareinadditiontotheirrequiredcollegecourses.

43%

27%

38%

32%

26%

58%59%


TAP Pell

45%

Percent of Undergraduate Students Receiving Financial Aid

Grants in 2004-05, 4-Year Institutions3



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Percent of Undergraduate Students Receiving Financial Aid

Grants in 2004-05, 2-Year Institutions3

33%

23%

38%41%

50%

46%

64%

91%


TAP Pell


DianaSilva,23,didnotollowthetraditionalpaththroughhighschooland

college.ButnoneothatwillmatterbyAugust2009whenshegraduatesromMonroeCollegeandbeginshercareerwithamajorinternationaloodingredientmaker.Shehaslinedupajoborthedayatershegraduates.

Ms.SilvawasdrawntoMonroeCollegetwoyearsagobecauseoitsspecic

careereducation,scheduleexibilityandaccesstocareercounselingandtuitiongrants.ShecreditsthestatesTuitionAssistanceProgramwithmakingcollegeaordabletoher.TAPwasahugehelp,shesaid.Itreallymadethedierence.


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Students Are Choosing Proprietary

Colleges

Theproprietarysectorhasundergonetremendousenrollmentgrowthinthepast28years,accordingtotheStateEducationDepartment.Ashighlightedbelow,enrollmentintheproprietarysectorhasnearlydoubledsince1980,dramaticallyoutpacingthegrowthotheothersectorsohighereducation.

Theproprietarysectorisalsooutpacingother

sectorsohighereducationinbothprojectedgrowthandpercentoenrollmentincreaseorour-yearinstitutions.Thesetrendsclearlyindicateanincreasingdemandbyincomingstudentsoracareer-orientededucation.

Similarly,thestateprojectsahigherpercentageostudentswilloptorproprietarysectorcollegesinthecomingyearsovertheothersectorsohighereducation.


Percent of Enrollment Increase,

by Sector, 1980-2008


15%

20%

14%

61%

Percent of Enrollment Increase for

4-Year Institutions, by Sector,1998-2008

Source: http://www.highered.nysed.gov/oris/counts/finalenr/06/rpt.pdf

Projected Growth for Full- and Part-

Time Degree-Credit Enrollment,by Sector, 2003 to 2013


8.6%

4.3%

6.3%

8.9%

17%

40%

15%

97%


SeeChartonBottomLet

SeeChartonBottomRight

SeeChartonRight



14/20

New Yorks Economic Workhorse

ProprietarycollegesarestrongnancialenginesorNewYorkState.Whilenonprot,independentcollegesaretaxexemptandreceiveastatesubsidy,APCCollegesaretaxpayingbusinessesthatreceivenodirectstateaid.Theyrepresentasubstantialsavingstotaxpayers.

InNewYork,asurveyoAPCmembercollegesshowedasignicantcontributiontoNewYorkseconomy,including$41millionincapitalinvestmentsoverthepastveyearsalone.Inaddition,APCCollegespaidmorethan$130millioninpayrollin2007andonaveragedisbursemorethan$15millionannuallyinscholarshipstostudentsinneed.

ThestructureoAPCCollegesprovideanenvironmentorstudentsuccess.Whenstudentsaresuccessul,theygraduatewithjobsandbecomecontributorstoNewYorkseconomic

engine.Researchshowsthatindividualswithhigherlevelsoeducationarelesslikelythanotherstoliveinhouseholdsthatparticipateinsocialprograms.5StudentswhoattendAPCColleges,manyowhomareromlow-incomeamilies,haveachancetobreakawayromgovernmentsubsidizedsocialprogramssimplybycompletingcollegewithaneducationleadingtomeaningulemployment.

The Impact of Higher Education

AccordingtoananalysisotheOrganizationorEconomicCooperationandDevelopment

data,theU.S.decitindegreeattainmentposesaseriousthreattothenationseconomicwell-being.Otherhighlycompetitivenationsareimprovingthequalityotheeducationtheyprovidetheiryoungpeople,whilealsoradicallyincreasingthecapacityothesystemsthatservethem.ThesenationshaveovertakentheUnitedStateslong-timepositionastheworldleaderindegreeproductionrelativetopopulationasawhole.2Whileestimatesvary,American

universitiesawardabout18degreesorevery100ull-timestudentsenrolled.Theleadingnations(Japan,Portugal,andtheUnitedKingdom)awardabout25degreesper100students.Thesenationsareexperiencingmorepositivereturnsontheirinvestmentsinhighereducation.2

Accelerated Study Works forStudents

StudentswhoattendAPCCollegesareabletodosoyear-round,thankstoinnovativeacceleratedstudyprogramsavailableprimarilyintheproprietarysector.Acceleratedstudyprovidesstudentswithaastertracktotheworkorcebecauseyear-roundstudyenablesthemtoearnanassociatedegreeinayearandahalandabachelorsdegreeinthreeyears.

OneexampleoasuccessulacceleratedstudyprogramisatPlazaCollegeinQueens,whichhasdevelopedprogramsthathelpreducedropoutratesandacceleratecompletion,saidCharlesE.Callahan,vicepresident.Byoeringclassesthroughouttheyear,studentscanenjoyuninterruptedstudy,yieldinghighergraduationrates.

Overthepastseveralyears,PlazaCollegehasrecordedjobplacementrateso91percent.

Thismeanswell-educatedNewYorkersaregainingaccesstotheworkorceaster.AndbecausethemajorityoAPCgraduatesremaininNewYork,theircontributionstotheNewYorkeconomyaredirectlyreectedindisposableincome,goodsandservicespurchased,taxespaidandmanyothermultipliers.



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Median Earnings and Tax Payments of Full-Time Year RoundWorkers Ages 25 and Older, by Education Level, 20055

$74,500 $25,500

$59,500 $19,900

$46,600 $14,700

$39,000 $11,900

$31,500 $9,100

$29,000 $8,100

$24,900 $6,600

$18,800 $4,600

$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000

Professional Degree

Doctoral Degree

Master's Degree

Bachelor's Degree

Associate Degree

Some College, No Degree

High School Graduate

Not a High School Graduate

After Tax Income Taxes Paid

Total: $23,400

Total: $31,500

Total: $37,100

Total: $40,600

Total: $50,900

Total: $61,300

Total: $79,400

Total: $100,000

Proprietarycollegesdonotjustbenetstudentsandbusinesses;theyaregoodorNewYork.AccordingtoaNewYorkStateEconomicDevelopmentCorp.report,thereareopportunitiesorassociatedegreegraduatestoearnupwardso$50,000annuallycomingoutocollege.6

These

jobsaremorethanjustapaychecktoindividualsandamilies.Theybringhealthinsurance,pensionplansandotherbenetsthatmanymayhavereceivedromthegovernmentbeorenishingcollege.

Asshowninthechartbelow,collegegraduates,nationally,payanaverageo$10,500intaxeseachyearcomparedto$6,600paidannuallybythosewithoutacollegeeducation.Federalandstatenancialaidisaninvestmentintheuturethatisquicklyrepaidbyrecipients.

GraduatesoAPCCollegesmakealastingeconomicimpact.AstudybytheCollegeBoard

notedthatthetypicalbachelorsdegreerecipientcanexpecttoearnabout61percentmoreovera40-yearworkingliethanatypicalhighschoolgraduateearnsoverthesameperiod.Thestudyalsoshowedthathigherlevelsoeducationcorrespondtolowerunemploymentandpovertyrates,reducingthecostosocialprograms.Additionally,theearningsoworkerswithlowereducationlevelsarepositivelyaectedbythepresenceocollegegraduatesintheworkorce.5

Moreover,acollegegraduateworkingull-timeyear-roundpaidalmost80percentmoreinederastateandlocaltaxesthanatypicalhighschoolgraduate.7

Simplystated,grantprogramssuchasTAParenotonlyinvestmentsinstudents,theyareinvestmentsintheutureoNewYork.



16/20

Percentage of Individuals Ages 25 and Older Livingin Households That Participated in Public Assistance

Programs, by Education Level, 20055

34%

19%

15%

12%

6%

17%

8%

6%5%

1%

14%

6%5%

4% 1%

Medicaid School Lunch Food Stamps

Not A High School Graduate High School Graduate Some College, No Degree

Associate Degree Bachelor's Degree or Higher



TheroleAPCCollegeswillhaveinNewYorksutureeconomicsuccesshasneverbeenmorerelevantthannowgiventhestatescurrenteconomiccrisis.Asnewbusinesssectorssuchasnanotechnology,bioinormaticsandcleantechemergeandgrow,ourcollegeswillbeabletodevelopeducationalprogramsthatwillproducetheworkersneededatalllevels.

Between1990and2005,NewYorklostandreplacedapproximately380,000jobs.Thoselostjobswereprimarilyintheprivatemanuacturingsectorandhadaweightedaveragesalaryo$61,796.Theywerereplacedwithlowerwagepositionsinthepublicandpublicly-subsidized

privatesectorsthatpaidanaverageweightedsalaryoonly$45,905,alossoabout25percent.6

ForNewYorktobesuccessulreversingthistrend,itmusteducatestudentstolljobsintheseemergingindustries,aswellasexistingindustriesthatmustalwaysstrivetokeeppacewithchangingtechnologies.

AndNewYorkmustnotlimititseltocollege-agestudentsbecausethetypicalcollegereshmanisnotlimitedtorecenthighschoolgraduates.Youngpeoplewhowouldnothaveconsideredcollegeinthepast,adultswhohaveneverbeentocollegeandworkingpeoplelookingtoimprovetheircircumstancesareenrollingatAPCCollegesinsearchoaneducationthatwillleadtothesenew,higherpayingjobs.


17/20


$20,

200

$24,

200

$16,

000

$21,

700

$18,

100

$25,

400

$26,

500

$21,

500

$24,

800

$23,

100

$24,

900

$25,

100

$

34,

200

$3

2,

500

$27,

600

$31

,800

$30,4

00

$3

3,

400

$28,

400

$36,

500

$27,

400 $

33,

500

$30,

800 $

37,

300

$30,

500

$40,

900

$51,

300

$36,

500

$38,

800

$36,

300

$46,

400

$37,

500

$46,

900

$54,

100

$39,

000

$40,

800

$38,

200

$49,

400

$40,

800

$50,

100

Asian Male Black Female Black Male Hispanic Female Hispanic Male White Female White Male

Not A High School Degree High School Degree Some College, No Degree

Associate Degree Bachelor's Degree Master's Degree Or Higher

Median Earnings of Full-time, Year-round Workers

Ages 25 to 34, by Race/Ethnicity,

Gender and Education Level, 20055

StudentsattendingAPCCollegescanchooserommorethan60undergraduateandgraduateprograms.ManyremaininNewYorkollowinggraduationandcontributetothestateseconomy.Asthechartaboveshows,earningpotentialcorrelatesdirectlywitheducationlevel.Themore

advancedthedegree,thehigherthepay.ThedierenceinearningslevelsisespeciallymarkedinHispanicemales,whosemedianincomewithoutahighschooldiplomais$16,000.Withanassociatedegree,theirincomenearlydoublesto$30,800.


APCCollegeslooksorwardtoworkingwiththestatesExecutiveandLegislativebranches,aswellastheStateBoardoRegents,theStateEducationDepartment,theothersectorsohighereducationandthebusinesscommunity

toensurethateducationremainsatoplegislativepriorityandabrightlightinstateseconomicrecovery.Toviewthisreportonline,visitwww.apc-colleges.org.

To Conclude


18/20

The Art Institute of New York City 1Berkeley College 2Briarcliffe College 3 & 4Bryant & Stratton College 5-12Business Informatics Center 13

The College Of Westchester 14DeVry Institute of Technology 15Elmira Business Institute 16 & 17Everest Institute 18Five Towns College 19Island Drafting & Technical Institute 20ITT Technical Institute 21Jamestown Business College 22

Laboratory Institute of Merchandising 23Long Island Business Institute 24 & 25Mandl School 26Monroe College 27 & 28New York Career Institute 29

Olean Business Institute 30Plaza College 31School of Visual Arts 32Simmons Institute of Funeral Service, Inc. 33Technical Career Institutes, Inc. 34USC - The Business College 35Wood Tobe-Coburn 36

2, 14

3 4

5, 2167

89

20New York City Area:1, 15, 24, 23, 25, 26,

27, 29, 31, 32, 34, 36

19

35

11

1012, 33

13

16 17

18

22

24

28

30

APC Colleges Across New York



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Footnotes


1.NewYorkStateEducationDepartmentOfceoHigherEducation,OfceoResearchandInormationSystems(ORIS),2009.

2.HittingHome:Quality,CostandAccessChallengesConrontingHigherEducationTodaybyTravisReindl,programdirectororJobsortheFutureonbehaloMakingOpportunityAordable,supportedbyLuminaFoundationorEducation,March2007(http://www.j.org/JFF_KC_Pages.php?KC_M_ID=321&WhichLevel=1&lv1_id=4&lv2_id=0&lv3_id=0).Sourcedata:U.S.BureauoLaborStatistics.

3.AReviewoHigherEducationDataComparisonotheFourSectorsoHigherEducation,NYSEducationDepartment,February2009.

4.NewYorkStateEducationDepartment,2006,http://www.highered.nysed.gov/oris/gradrates/bysector/assocpage1b.htm

5.EducationPaysTheBenetsoHigherEducationonIndividualsandSociety,preparedortheCollegeBoardbySandyBaumandJennierMa,2007(http://www.collegeboard.com/prod_downloads/about/news_ino/trends/ed_pays_2007.pd)6.DeliveringonthePromiseoNewYorkState:AStrategyorEconomicGrowthandRevitalization,preparedortheEmpireStateDevelopmentCorporationbyATKearney,2007(http://www.nylovesbiz.com/pd/atkearneyreport2007.pd)

7.NewYorkStateDepartmentoLabor,DivisionoResearchandStatistics(http://www.labor.state.ny.us/workorceindustrydata/index.asp)


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