Why Postsecondary Education Matters
Dallas County is one of the fastest growing economic regions in the country, yet the number of people living in poverty has increased 42% over the last 15 years. In Dallas County, only 37% of adults have a two- or four-year degree, yet 65% of living-wage jobs require an education beyond high school. The number of people in Dallas County who do not have the necessary skills and credentials is increasing and broadens the wage, talent, and opportunity gap in our region.
MISMATCH IN WORKFORCE NEEDS VS. SUPPLY
The Georgetown Center for Education and the Workforce reports that 99% of the new jobs created nationally after 2008 required some type of training beyond high school. In DFW, 30% of jobs are now considered middle-skill jobs, which require an associate degree or industry/technical certificate. These jobs pay, on average, $51,000 a year.
EDUCATION OPPORTUNITY GAPS
Only 10% of eighth-grade students from low-income families in Dallas County earned a two- or four-year degree within six years following their high school graduation, according to the most recent longitudinal study from the Texas Higher Education Coordinating Board. Fewer than three in 10 of all Dallas County high school graduates complete college within six years.