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>> Gerry Dick: THE PAYOFF FOR
STUDENTS WHO EARN COLLEGE CREDIT
WHILE IN HIGH SCHOOL, A NEW
INDIANA COMMISSION FOR HIGHER

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EDUCATION REPORT SAYS THEY ARE
MORE LIKELY TO ENROLL IN COLLEGE
AND SUCCEED ONCE THEY GET THERE.
ADD TO THAT, EARLY COLLEGE

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CREDIT CAN SAVE HOOSIER FAMILIES
AND THE STATE SUBSTANTIAL
DOLLARS.
FOR MORE ON THAT, PLEASED AS

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ALWAYS TO BE JOINED BY INDIANA
COMMISSION FOR HIGHER EDUCATION
COMMISSIONER TERESA LUBBERS.
THANKS FOR JOINING US.

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>> Teresa Lubbers: HI, GERRY.
>> Gerry Dick: LET'S TALK ABOUT
EARLY COLLEGE CREDIT, GETTING
COLLEGE CREDIT WHILE IN HIGH

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SCHOOL.
TODAY IT SEEMS TO BE EVERYWHERE.
IT HASN'T BEEN AROUND THAT LONG.
TALK ABOUT THE IMPORTANCE OF IT

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TO THE STUDENT, BUT ALSO FROM A
FINANCIAL STANDPOINT WHAT IT
MEANS TO FAMILIES AND ALSO THE
STATE OF INDIANA.

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>> Teresa Lubbers: WE JUST
RELEASED OUR 2021 EARLY COLLEGE
CREDIT REPORT, AND IT DOES
VALIDATE ALL THOSE THINGS YOU

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JUST SAID.
IT ENSURES STUDENTS ARE MORE
READY FOR THE JOURNEY AFTER HIGH
SCHOOL, MORE LIKELY TO ENTER,

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COMPLETE, AND COMPLETE COLLEGE
ON TIME.
ABOUT 64% OF OUR GRADUATING
STUDENTS FROM HIGH SCHOOL ARE

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GRADUATING WITH SOME SORT OF
EARLY COLLEGE CREDIT, DUAL
CREDITOR AP.
YES, IT COMES WITH A GREAT

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SAVINGS TO FAMILIES AND TO THE
STATE OF INDIANA AS WELL.
TO THE TUNE OF ABOUT $160
MILLION ANNUALLY, OF WHICH ABOUT

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80 MILLION OF THAT BENEFITS
STUDENTS AND FAMILIES AND ABOUT
78 MILLION IS A BENEFIT TO THE
STATE FOR GETTING THOSE COLLEGE

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CREDITS WHILE YOU'RE IN HIGH
SCHOOL.
>> Gerry Dick: IMPORTANTLY, I
ASSUME THIS IS A NICE BOOST TO

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YOUR GOAL OF GETTING MUCH
GREATER PERCENTAGE OF HOOSIERS
WITH THAT CREDENTIAL OR
EDUCATION BEYOND HIGH SCHOOL.

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>> Teresa Lubbers: I APPRECIATE
YOU BRINGING THAT UP BECAUSE
2025 IS GOING TO BE HERE BEFORE
YOU KNOW IT, AND OUR BIG GOAL OF

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HAVING 60% OF HOOSIERS WITH A
QUALITY CREDENTIAL BEYOND HIGH
SCHOOL AND CERTIFICATE, INDUSTRY
CERTIFICATION, TWO OR FOUR-YEAR

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DEGREE, IS COMING VERY QUICKLY.
WE ARE DOUBLING DOWN ON ALL OF
OUR EFFORTS TO MAKE SURE
STUDENTS UNDERSTAND THE

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IMPORTANCE AND THE IMPORTANCE IS
REALLY BECOME THAT KIND OF
PREPARATION IS REALLY ALIGNED TO
THE NEEDS OF THE COMPLY AND TO

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GET A GOOD JOB.
>> Gerry Dick: IS THAT ALIGNMENT
PIECE, BECAUSE WE HEAR
COMPANIES, WE HEAR BUSINESSES

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TALK A LOT ABOUT THAT, AS WELL
AS EDUCATORS, THAT ALIGNMENT
BETWEEN THE NEEDS OF BUSINESS,
THE NEEDS AND WHAT KIND OF

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EDUCATION THEY'RE GETTING.
DO YOU SENSE INDIANA'S ON THE
RIGHT PATH WHEN IT COMES TO THAT
ALIGNMENT PIECE?

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>> Teresa Lubbers: ABSOLUTELY.
ONE OF THE WAYS I MEASURE THIS,
OUR NEW STRATEGIC PLAN IS CALLED
REACHING HIGHER IN A STATE OF

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CHANGE.
ONE OF OUR THREE METRICS IS THAT
EVERY COLLEGE DEGREE AND PROGRAM
WOULD HAVE EMBEDDED CAREER

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RELEVANCE.
WE'RE DESIGNING THAT WITH OUR
EMPLOYERS IN THE STATE OF
INDIANA.

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THE GOVERNOR'S WORKFORCE CABINET
IS REALLY FOCUSED ON THIS
ALIGNMENT BETWEEN EARLY
CHILDHOOD EDUCATION AND LIFELONG

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LEARNING AND MEETING THE NEEDS
OF EMPLOYERS.
I THINK THE SILOED KIND OF
THINKING WE HAD IN THE PAST HAS

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BEEN REPLACED BY A COMMITMENT TO
MAKING SURE PEOPLE HAVE AN
OPPORTUNITY TO HAVE A MEANINGFUL
CAREER AND LIFE.

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>> Gerry Dick: I THINK ANOTHER
EXAMPLE OF THAT IMPORTANT
CONNECTION BETWEEN EDUCATION AND
WORKFORCE, YOU TYPICALLY GIVE A

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STATE OF EDUCATION ADDRESS.
THIS YEAR, YOU'RE GOING TO BE
DOING THAT, BUT IN CONJUNCTION,
WE'RE ALSO GOING TO HAVE

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ESSENTIALLY A WORKFORCE ADDRESS
AS WELL.
TALK ABOUT THE NEW FORMAT WHEN
TALKING ABOUT THAT STATE OF

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EDUCATION AND WORKFORCE.
>> Teresa Lubbers: I'VE ALWAYS
DONE A STATE OF HIGHER EDUCATION
ADDRESS, AND WE DECIDED THIS WAS

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A GOOD YEAR TO DO THE STATE OF
EDUCATION AND THE WORKFORCE.
SO I WILL BE DOING IT TOGETHER
WITH KATY JENNER WHO IS THE NEW

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SECRETARY OF EDUCATION AND FRED
PAYNE, THE COMMISSIONER OF THE
DEPARTMENT OF WORKFORCE
DEVELOPMENT AND WE'LL BE FOCUSED

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IN ON WHERE ARE WE AS A STATE TO
MEET THE NEEDS OF INDIVIDUALS
FOR PERSONAL PROSPERITY AND
MEETING THE NEEDS FOR EMPLOYERS.

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IT'S THE FIRST TIME WE'VE DONE
SOMETHING LIKE THIS, BUT WE
THINK IT'S THE RIGHT TIME TO DO
AND WE'LL FOCUS ON AREAS OF

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CONCERN AND OPPORTUNITY FOR
HOOSIERS.
>> Gerry Dick: A NUMBER OF
THINGS THAT TRANSPIRED AND PART

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OF THAT STATE OF EDUCATION,
STATE OF WORKFORCE NOW,
GOVERNOR'S WORKFORCE CABINET
AMONG THEM, AND THESE WORKFORCE

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READINESS GRANTS THAT BEGAN IN
2017 OR THEREABOUTS.
CARES ACT FUNDING HAS COME TO
PLAY HERE.

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TALK ABOUT THE WORKFORCE
READINESS GRANTS.
ARE THEY MAKING AN IMPACT?
>> Teresa Lubbers: THAT'S PART

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OF UNDER THE NEXT LEVEL JOBS AND
THE WORKFORCE READINESS GRANT
PROVIDES
PROVIDES TUITION-FREE

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CERTIFICATES IN HIGH DEMAND.
YOU HAVE AN INDIVIDUAL THAT CAN
GET SKILLED UP, AND IT'S
TUITION-FREE.

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WE HAVE AN EMPLOYER TRAINING
GRANT WHERE THE STATE PROVIDES
FUNDING FOR EMPLOYERS TO TRAIN
THEIR INCUMBENT OR NEW WORKERS.

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WE HAVE OVER 21,000 HOOSIERS WHO
HAVE COMPLETED A HIGH-DEMAND
QUALITY CERTIFICATE AND THE
MEASURE OF SUCCESS IS THAT THE

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MEDIAN ANNUAL WAGE GAIN FOR THAT
IS $6,800.
UNDER THE EMPLOYER TRAINING
GRANT, THE MEDIAN ANNUAL WAGE

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GAIN IS ABOUT -- CLOSE TO $6,000
AS WELL.
SO NOT ONLY ARE THEY GETTING THE
SKILLS THEY NEED, BUT THEY'RE

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GETTING A BUMP AND THEY'RE
GETTING A BETTER JOB THAT PAYS
THEM MORE MONEY.
WE THINK NOT ONLY DO WE HAVE

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21,000 HOOSIERS WHO HAVE
COMPLETED ONE, BUT WE HAVE
41,000 HOOSIERS ENROLLED AND
PREPARED TO ACTUALLY COMPLETE

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THOSE CERTIFICATES IN THE NEAR
FUTURE.
>> Gerry Dick: FINAL QUESTION.
I KNOW YOU'LL GET INTO SPECIFICS

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OBVIOUSLY IN THE STATE OF
EDUCATION ADDRESS, BUT AS YOU
LOOK AT THAT STATE OF EDUCATION,
WHERE THINGS ARE, AT A CRITICAL

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POINT PERHAPS, IN PARTICULAR
COMING OUT OF THE PANDEMIC.
YOU KNOW, A LOT OF FOCUS RIGHT
NOW ON WHERE THE STATE'S ECONOMY

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IS, WHERE IT IS GOING COMING OUT
OF THE PANDEMIC, HOW WORKFORCE
WILL REACT.
IS THE TIMING OF THIS IN

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PARTICULAR CRITICAL?
>> Teresa Lubbers: WELL, IT IS,
AND I THINK WE'RE COMING OUT OF
THIS VERY WELL IN TERMS OF

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UNEMPLOYMENT RATE DROPPING.
WHAT HAS BECOME ABUNDANTLY CLEAR
DURING THIS TIME IS THE
DISPARITY THAT EXISTS BETWEEN

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THOSE WHO HAVE EDUCATION AND
THOSE WHO DON'T, ESPECIALLY LOW
INCOME AND MINORITY STUDENTS.
WE'VE BEEN MAKING A LOT OF

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PROGRESS CLOSING THE ACHIEVEMENT
GAP.
IT'S SAFE TO SAY THAT PROGRESS
HAS STALLED DURING 2020 AND WE

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HAVE TO RE-DOUBLE EFFORTS TO
MAKE SURE THAT THIS OPPORTUNITY
FOR A BETTER JOB IS FOR ALL, NOT
JUST FOR SOME.

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>> Gerry Dick: GREAT
PERSPECTIVE.