Lubbers Looks to Restore Higher Education Confidence

Posted: Updated:
INDIANAPOLIS -

Indiana's higher education commissioner Monday addressed skepticism about the value of education beyond high school. During her sixth State of Higher Education Address, Teresa Lubbers argued the increased earnings of a college graduate "more than exceed" the total costs of college.

During her speech, Lubbers acknowledged that consumer confidence toward higher education has decreased in recent years. She says it's crucial for the commission, universities and others must work to restore that confidence by detailing the return on investment of a degree.

Lubbers says there are signs of progress, including slowing tuition increases, decreasing student debt levels and improving college graduation rates. However, concerns about overall college costs and graduates' readiness for the workforce remain.

The commissioner used her address to outline what she calls three key arguments in favor of higher education. First, she said college is worth the cost, citing statistics suggesting college graduates' lifetime earnings often top those of Hoosiers without a degree by $1 million or more. Second, she argued higher education strengthens the economy, with each graduating class of Indiana's public colleges contributing at least $13 billion more in additional economic impact. Finally, she said financial aid pays off for both students and the state in terms of return on investment.

You can see the full text of the address by clicking here.

  • Perspectives

    • Market Caps: What's in Your Portfolio?

      Investors understand the importance of having a proper balance of large-, mid-, and small-cap companies in their stock portfolios. Unfortunately, there are no strict rules followed by index funds when categorizing by company size. When you "check under the hood" of your portfolio, you may discover you’re taking more (or less) risk than you intended! What Is Market Cap? Market capitalization, or market cap, is a term used to represent the size of a company.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (Image of planed West Lake Corridor Expansion of the South Shore commuter rail line provided by the Northwest Indiana Regional Development Authority.)

      South Shore Extension Moves Closer to Federal Funding

      The South Shore Line West Lake Corridor is a step closer to up to $440 million in federal funding, thanks to a positive project rating from the Federal Transit Administration. The "medium-high" rating means the project, which involves the extension of the South Shore Line between Dyer and Hammond, is eligible for funding to cover a large portion of the more than $700 million project. The rating came from the FTA's Fiscal Year 2020 Annual Report on Funding Recommendations...

    • Fishers Among Finalists For National Prize

      The city of Fishers is one of 12 finalists for the Robert Wood Johnson Foundation Culture of Health Prize. The award honors "communities that are bringing partners together around a shared commitment to health, opportunity, and equity."

    • (photo courtesy of our partners at The Times of Northwest Indiana)

      Indiana Leads U.S. Steel Production

      Indiana once again led the nation in steel production in 2018. Jake Murphy with the American Iron and Steel Institute tells our partners at The Times of Northwest Indiana steel mills throughout the state made 26.7 million net tons of steel last year, up from 24.1 million in 2017. 

    • More Families Earn Hoosier Homestead Awards

      More than 50 families from throughout the state have been recognized for operating longstanding farms. Lieutenant Governor Suzanne Crouch and State Department of Agriculture Director Bruce Kettler have presented the latest Hoosier Homestead Awards, recognizing farms owned by the same family for more than 100 consecutive years.

    • Hanna believes crews could begin "turning dirt" in 2020.

      Hanna: South Shore Project Hits 'Major, Major Milestone'

      The president of the Northwest Indiana Regional Development Authority says the South Shore Line West Lake Corridor project will create a crucial "Hoosier gateway in Chicago." The more than $700 million project has received a positive project rating from the Federal Transit Administration, putting it a step closer to up to $440 million in federal funding. Bill Hanna says the rail extension will help Hoosier workers connect to jobs in Chicago that often pay more...