WEBVTT

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>> WELL, SOME

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DISTURBING NEW NUMBERS OUT ON

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SCHOOL SENIORS CHOOSING TO MOVE

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ON TO COLLEGE AND IT COULD HAVE

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A RIPPLE EFFECT ON THE INDIANA

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ECONOMY.

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FOR PERSPECTIVE ON THAT AND

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OTHER NEWS MAKING HEADLINES THIS

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WEEK, I'M PLEASED TO BE JOINED

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BY NEXTTECH PRESIDENT KAREN

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JUNG, KATZ KORIN CUNNINGHAM

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ATTORNEY NORRIS CUNNINGHAM AND

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MARIAN UNIVERSITY SENIOR VICE

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PRESIDENT OF STRATEGIC GROWTH

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AND INNOVATION, KENITH BRITT.

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WELCOME ONE AND ALL TO THE

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INSIDERS THIS WEEK.

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BIG NEWS A LITTLE OVER A WEEK

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AGO WITH THIS REPORT FROM THE

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INDIANA COMMISSION FOR HIGHER

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EDUCATION.

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NORRIS, REALLY SOME STUNNING

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NUMBERS.

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BARELY 50% OF HIGH HIGH SCHOOL

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SENIORS -

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HIGH HIGH SCHOOL SENIORS - .

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>> THERE'S QUITE A BIT OF WORK

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TO DO TO ARREST AND TURN AROUND

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THESE NUMBERS.

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YOU HAVE TO BE CONCERNED WHEN

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YOU SEE THESE SORT OF NUMBERS,

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PARTICULARLY THAT IT'S A 12%

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DROP OVER THE PAST FIVE YEARS,

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WHICH MEANS WE CAN'T BLAME IT ON

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THE PANDEMIC.

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IT'S REALLY BEEN GOING ON FOR A

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WHILE.

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IT'S GOING TO TAKE SOME

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PUBLIC-PRIVATE PARTNERSHIPS.

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SOME MORE FUNDING AND A LOT OF

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INNOVATION IN ORDER TO GET US TO

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A PLACE WHERE WE'RE BACK TO

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60-70% AT LEAST ON THE WAY TO

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COLLEGE.

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>> KAREN, YOU'RE IN THE HIGHER

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EDUCATION SPACE.

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YOUR REACTION TO THIS?

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A THINK A LOT OF PEOPLE WERE

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STUNNED AT HOW DRAMATIC THE DROP

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HAS BEEN.

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>> IT'S BEEN ASTOUNDING.

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TO LOOK AT IT FROM THE

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PERSPECTIVE OF FIRST OF ALL WHO

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IS NOT GOING TO COLLEGE, AND WHY

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ARE THEY NOT GOING TO COLLEGE?

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THERE'S CERTAINLY SOME VALID

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REASONS.

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BUT SOME CAN BE OVERCOME.

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IF IT'S FUNDING OR A GENERAL

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BELIEF THAT THEY CAN'T DO IT.

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SO WE CAN ACCELERATE

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INDIVIDUALS' PATH TO COLLEGE.

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>> ONE ISSUE IDENTIFIED IS COST.

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CHRIS LOWREY, THE NEW

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COMMISSIONER FOR HIGHER

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EDUCATION IS GETTING THE WORD

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OUT AND DISPELLING SOME MYTHS

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ABOUT THE COST AND THE VALUE OF

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THAT.

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>> EXACTLY.

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THERE'S THIS PERCEIVED RETURN ON

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A VALUE THAT I DON'T NEED A

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FOUR-YEAR DEGREE.

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I COULD DO SOMETHING MORE

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ACCELERATED.

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THERE ARE COUNTLESS PROGRAMS,

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ONE BEING THE 21ST CENTURY

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SCHOLARS PROGRAM.

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LESS THAN 20% OF ELIGIBLE

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GRADUATES PARTICIPATED.

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IF WE COULD DRIVE PARTICIPATION

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IN THINGS LIKE THAT, A PROGRAM

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THAT WILL PAY FOR YOUR COLLEGE,

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THOSE NUMBERS WILL RISE.

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>> ANOTHER ISSUE, ALONG WITH THE

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FORMER U.S. SECRETARY OF

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EDUCATION, WE WERE TALKING ABOUT

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THESE PRESSING ISSUES, WE HAVE

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TO MAKE HIGH SCHOOL MORE

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RELEVANT.

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WE HAVE TO GET INTERNSHIPS AND

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WHAT THE FAIRBANKS FOUNDATION

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HAS BEEN LEADING ON WITH

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APPRENTICE MODELS.

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MAKING SURE THEY ARE PREPARED

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FOR COLLEGE AND THE WORKFORCE,

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AS WELL.

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>> GERRY, THEY'RE EXACTLY RIGHT.

00:03:18.064 --> 00:03:20.600
MY FIRM HAS BEEN INVOLVED WITH

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TEACHING THE LAW EDUCATION

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CLASS.

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SOME OF OUR ATTORNEYS ALSO

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WORKING TO COACH THEIR MOCK

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TRIAL TEAM.

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WE DID VERY WELL LAST YEAR AND

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WE'RE PLEASED WITH THAT.

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BUT IT'S THOSE KINDS OF

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PARTNERSHIPS I THINK THAT'S

00:03:33.513 --> 00:03:34.380
REALLY GOING TO GIVE KIDS THE

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SENSE THAT THIS IS SOMETHING

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THAT I CAN DO.

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AND THEY CAN SEE PEOPLE WHO LOOK

00:03:38.985 --> 00:03:42.722
LIKE THEM WHO ARE ATTORNEYS, WHO

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ARE PROFESSIONALS, AND I THINK

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IT WILL BUILD THAT DESIRE.

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AND WE'VE GOT AN INTERN FROM

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ARSENAL TECH HIGH SCHOOL

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STARTING AT OUR FIRM ON MONDAY.

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WE'RE VERY PLEASED ABOUT IT.

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THAT'S AN INDIVIDUAL WHO IS

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GOING TO BE SURROUNDED BY FOLKS

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WHO ARE COLLEGE GRADUATES WHO

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CAN TELL HER ABOUT COLLEGE, WHO

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CAN TALK TO HER ABOUT WHAT

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OPPORTUNITIES ARE OUT THERE.

00:04:02.108 --> 00:04:03.943
AND WE NEED MORE OF THAT IN

00:04:04.010 --> 00:04:06.179
ORDER TO ARREST SOME OF THESE

00:04:06.245 --> 00:04:06.713
NUMBERS.

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>> YEAH, BIG STORY, NO DOUBT,

00:04:08.514 --> 00:04:10.950
WE'LL BE FOLLOWING FOR A WHILE

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ANOTHER BIG STORY THAT SURPRISED

00:04:12.986 --> 00:04:15.989
MORE THAN A FEW PEOPLE WHEN

00:04:16.055 --> 00:04:18.625
PURDUE PRESIDENT MITCH DANIELS

00:04:18.691 --> 00:04:20.927
ANNOUNCED HIS INTENT TO STEP

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DOWN AND RETIRE TO BE SUCCEEDED

00:04:24.063 --> 00:04:26.833
BY THE ENGINEERING DEAN.

00:04:26.899 --> 00:04:29.869
WHAT IS NEXT FOR MITCH DANIELS?

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>> THAT'S A BIG QUESTION, RIGHT?

00:04:31.804 --> 00:04:32.972
WHAT DO YOU DO WHEN YOU'VE BEEN

00:04:33.039 --> 00:04:35.141
A SUCCESSFUL GOVERNOR AND AN

00:04:35.208 --> 00:04:37.710
INCREDIBLY SUCCESSFUL UNIVERSITY

00:04:37.777 --> 00:04:37.977
PRESIDENT.

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WHAT HE HAS BEEN ABLE TO DO AT

00:04:41.781 --> 00:04:44.117
PURSUE - PURDUE.

00:04:44.183 --> 00:04:47.387
THEY'VE HAD A TUITION FREEZE FOR

00:04:47.453 --> 00:04:48.488
9 YEARS.

00:04:48.554 --> 00:04:50.323
THAT'S REMARKABLE.

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I DON'T KNOW.

00:04:51.024 --> 00:04:52.325
BUT IF THERE IS A BIG PROBLEM IN

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INDIANA, WE NEED TO BE ASKING

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MITCH TO HELP FIX IT, RIGHT?

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>> NOT SURE WHAT HIS PLANS ARE.

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I THINK THAT'S THE

00:05:00.033 --> 00:05:00.700
MILLION-DOLLAR QUESTION.

00:05:00.767 --> 00:05:02.435
BUT EVEN GOING BACK TO THE LAST

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TOPIC, THOUGH, MITCH HAS ALSO

00:05:03.670 --> 00:05:05.905
BEEN A VISIONARY IN THINKING

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ABOUT REACHING DOWN INTO THE

00:05:06.973 --> 00:05:07.874
HIGH SCHOOL.

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THINKING ABOUT PURDUE

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POLYTECHNIC.

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HE HAS HAD A HUGE IMPACT IN THAT

00:05:20.420 --> 00:05:20.787
REGARD.

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>> KAREN, YOUR REACTION.

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>> INCREDIBLE LEADER.

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VISIONARY, EVERYTHING WE TALKED

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ABOUT.

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BUT A BRILLIANT MOVE BY THE

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BOARD.

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GOING INTERNALLY, SIGNIFICANT

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LEADERSHIP AND TALENT AT PURDUE.

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YOU DON'T HAVE TO GO AND DO A

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LONG DRAWN-OUT SEARCH.

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MUNG IS AN EXCEPTIONAL

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INNOVATIVE LEADER AT PURDUE.

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A FRIEND OF MINE IS A DEAN AT

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THE UNIVERSITY.

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WAS ON THE SEARCH COMMITTEE WHEN

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THEY HIRED HIM AS THE DEAN.

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HE'S GOING TO TAKE PURDUE TO

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PLACES NO ONE ELSE COULD.

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>> DUKE REALTY, $26 BILLION

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DEAL.

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BUT EMIS COMMUNICATIONS, REALLY

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SELLING ITS RADIO STATIONS,

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GETTING OUT OF THE RADIO

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BUSINESS TO URBAN ONE.

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WHAT'S YOUR TAKE ON THAT ON A

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NUMBER OF FRONTS.

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>> OBVIOUSLY YOU HAVE A LOCAL

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COMPANY STEPPING AWAY FROM ALL

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OF THOSE STATIONS THAT THEY HAVE

00:06:22.548 --> 00:06:23.649
HERE LOCALLY.

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THAT FEELS LIKE A BIG LOSS, BUT

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I WILL TELL YOU IT'S TEMPERED BY

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THE FACT THAT URBAN ONE IS AN

00:06:34.393 --> 00:06:35.895
INCREDIBLE AFRICAN AMERICAN

00:06:35.962 --> 00:06:38.698
OWNED COMPANY.

00:06:38.765 --> 00:06:41.467
CATHY HUGHES IS AN ICON.

00:06:41.534 --> 00:06:43.202
HERE IS AN OPPORTUNITY FOR THEM

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TO REALLY EXPAND THEIR FOOTPRINT

00:06:45.438 --> 00:06:46.038
HERE IN INDIANAPOLIS.

00:06:46.105 --> 00:06:47.373
THEY HAVE A NUMBER OF STATIONS

00:06:47.440 --> 00:06:49.242
HERE IN INDIANAPOLIS.

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ADDING THESE ADDITIONAL STATIONS

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IS GOING TO BE VERY, VERY GOOD

00:06:51.477 --> 00:06:54.914
FOR THE CITY AND QUITE FRANKLY

00:06:54.981 --> 00:06:55.782
AGAIN THEY'RE SUCH A GREAT

00:06:55.848 --> 00:06:56.115
ORGANIZATION.

00:06:56.182 --> 00:06:57.750
I THINK WE'RE GOING TO SEE THAT

00:06:57.817 --> 00:07:00.386
IT'S GOING TO BE BENEFICIAL FOR

00:07:00.453 --> 00:07:01.921
ALL.

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>> YEAH.

00:07:03.723 --> 00:07:06.425
IT KIND OF IS THE END OF AN ERA

00:07:06.492 --> 00:07:09.262
IF YOU WILL WHEN YOU LOOK AT THE

00:07:09.328 --> 00:07:12.698
INDIANAPOLIS RADIO STATIONS.

00:07:12.765 --> 00:07:16.135
AS NORRIS SAID, AN OPPORTUNITY

00:07:16.202 --> 00:07:16.435
FOR GROWTH.

00:07:16.502 --> 00:07:20.640
LEAVES A LEGACY.

00:07:20.706 --> 00:07:22.175
>> SIGNIFICANT LEGACY,

00:07:22.241 --> 00:07:23.009
LEADERSHIP THAT HE'S LEFT ON

00:07:23.075 --> 00:07:23.943
THIS CITY.

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IT'S ABOUT CULTURE.

00:07:25.344 --> 00:07:28.281
IT'S GREAT TO SEE THE IMPACT HE

00:07:28.347 --> 00:07:30.049
HAS HAD AND NOW URBAN ONE AND

00:07:30.116 --> 00:07:31.884
THE CULTURE THAT THEY HAVE.

00:07:31.951 --> 00:07:32.785
I'VE HAD THE OPPORTUNITY TO WORK

00:07:32.852 --> 00:07:33.653
WITH THEM, AS WELL.

00:07:33.719 --> 00:07:34.320
GREAT PEOPLE.

00:07:34.387 --> 00:07:35.221
EXCEPTIONAL CULTURE.

00:07:35.288 --> 00:07:36.522
IT'S GREAT TO SEE THAT THAT

00:07:36.589 --> 00:07:38.157
TRANSITION WILL HAPPEN.

00:07:38.224 --> 00:07:39.892
>> INDIANA ON A GLOBAL STAGE.

00:07:39.959 --> 00:07:41.861
THE INDIANA TECH ECOSYSTEM GOT A

00:07:41.928 --> 00:07:45.298
BIG SHOUT OUT, IF YOU WILL, AT

00:07:45.364 --> 00:07:47.233
LONDON TECH WEEK GLOBAL SUMMIT

00:07:47.300 --> 00:07:50.937
EXPLORING ALL THINGS TECHNOLOGY.

00:07:51.003 --> 00:07:53.372
INDIANA AND INDIANAPOLIS TOP 40

00:07:53.439 --> 00:07:58.811
TECH ECOSYSTEM GLOBALLY.

00:07:58.878 --> 00:08:02.014
THAT'S SOME PRETTY HIGH PRAISE.

00:08:02.081 --> 00:08:03.182
>> VERY MUCH SO.

00:08:03.249 --> 00:08:07.553
IF YOU THINK OF ALL THE GROWTH

00:08:07.620 --> 00:08:07.954
COMPANIES.

00:08:08.020 --> 00:08:10.189
THE SALESFORCE ACQUISITION OF

00:08:10.256 --> 00:08:12.158
EXACT TARGET OR ALL THE NEW

00:08:12.225 --> 00:08:13.259
COMPANIES THAT SPRUNG OUT OF ALL

00:08:13.326 --> 00:08:14.627
THAT CAPITAL, IT'S GREAT TO SEE

00:08:14.694 --> 00:08:16.996
IT RECOGNIZED ON A LARGER STAGE.

00:08:17.063 --> 00:08:19.599
>> DO YOU THINK THAT INDIANA AND

00:08:19.665 --> 00:08:20.800
INDIANAPOLIS IN PARTICULAR ARE

00:08:20.867 --> 00:08:22.802
BEGINNING TO FIGHT THROUGH THAT

00:08:22.869 --> 00:08:24.537
CLUTTER AND BE RECOGNIZED

00:08:24.604 --> 00:08:26.072
OUTSIDE OF THE MIDWEST AS A

00:08:26.138 --> 00:08:26.472
TECH.

00:08:26.539 --> 00:08:26.839
>> ABSOLUTELY.

00:08:26.906 --> 00:08:27.840
IF YOU LOOK AT THE VENTURE

00:08:27.907 --> 00:08:30.109
CAPITAL DOLLARS, IT'S ONE OF THE

00:08:30.176 --> 00:08:32.345
BEST TESTAMENTS, IF YOU WILL, TO

00:08:32.411 --> 00:08:34.647
BEING RECOGNIZED.

00:08:34.714 --> 00:08:36.182
WE'RE NO LONGER THAT LITTLE CORN

00:08:36.249 --> 00:08:37.483
BELT STATE, IF YOU WILL, IN

00:08:37.550 --> 00:08:38.251
TERMS OF TECHNOLOGY.

00:08:38.317 --> 00:08:39.318
>> VERY GOOD.