Indiana Must Improve College Participation and Credential Attainment Rates to Remain Competitive

• To remain globally competitive, the U.S. and each state should ensure that at least 60% of adults ages 25 to 64 have an associate or bachelor’s degree by 2025. In Indiana, the current rate is 33.2%.
   
• Indiana ranks 22^nd among 50 states in the size of the degree gap it needs to fill. To meet the 60% goal, it will need to produce an additional 609,988 degrees by 2025.
   
• By achieving rates of the top-performing states, Indiana can produce about 226,000 bachelor’s degrees, 173,000 associate degrees and 67,000 certificates by 2025.

Meeting Top Performers Produces Significant Personal Economic Return

Per capita income increases when the state meets top performers

• Under current postsecondary investment patterns, annual personal per capita income in Indiana is projected to increase by about $13 in 2025.
   
• By meeting top performers, annual per capita income would increase significantly more, by approximately $1,200 in 2025.

Meeting Top Performance Produces Significant Economic Returns to the State

Status quo produces small returns

Under current postsecondary investment patterns, Indiana’s
state revenues will increase by about $10 million in 2025.

Meeting top performance pays off

By meeting top performance, Indiana will generate more annual revenue, topping  approximately $1 billion in 2025.

State Revenues Exceed Costs When Top Performance Goal is Met

Status Quo: Costs exceed revenues

Under current postsecondary investment patterns, Indiana’s postsecondary costs exceed state revenues by about $7
million by 2025.

Meet top performance: Revenues exceed costs

By meeting top performance, Indiana’s revenues
exceed postsecondary costs by approximately $725
million by 2025.

This analysis was prepared using the CLASP-NCHEMS Return on Investment Dashboard tool.  See clasp2022.tealmedia.dev/ROIdashboard