ORGANIZATION
AMOUNT REQUESTED
$52,040,000
STATUS
None
OKLAHOMANS PROJECTED TO BENEFIT
1,000,000+
ESTIMATED PROJECT DURATION
more than 24 months
IMPACTED COUNTIES
Statewide
PROJECT PURPOSE
Disruption from the COVID-19 pandemic had a significant negative impact on Oklahoma?s workforce and economy. Even prior to the pandemic?s onset, the Governor?s Council on Workforce and Economic Development (GCWED) concluded that Oklahoma faces a sizable skills gap in the state?s key industry sectors and that Oklahoma?s current educational attainment levels do not meet the state?s current and future workforce demands. By 2028, 66 of Oklahoma?s ?100 critical occupations? will require an associate?s degree or higher yet only 34.1% of the state?s adult population has earned at least this level of education. Furthermore, only 26.1% of Oklahoma?s adults hold a bachelor's degree or higher, while the national average is 33.1%. To remain competitive, Oklahoma must increase the educational attainment of its citizens. Through this project, the Oklahoma State Regents for Higher Education will leverage the Reach Higher: Oklahoma?s Degree Completion Program to implement several targeted degree completion initiatives to increase the number of degrees and certificates conferred annually to meet the state?s workforce needs.
EVIDENCE
Project initiatives focus on the following evidence-based interventions to increase college degree completion: reducing unmet financial need among students; providing supportive services that meet students? basic needs to improve student success; academic coaching, tutoring and advising to improve student success; internship opportunities to link education to employment; and data-driven decision-making to drive policy decisions that impact student outcomes and institutional priorities.
POPULATION DESCRIPTION
Disruption from the COVID-19 pandemic significantly impacted Oklahoma?s workforce and economy. Oklahoma?s seasonally adjusted unemployment rate increased from 3.1% in January 2020 to 13% by April 2020, and more than 9,700 business locations in Oklahoma temporarily or permanently discontinued business activities as a result of the devastating economic effects of the pandemic. Not only did the COVID-19 pandemic significantly disrupt Oklahoma?s labor market and result in widespread unemployment, it also greatly accelerated existing workforce trends related automation. Research indicates that the COVID-19 pandemic has accelerated automation potential in Oklahoma by 5 years, and most of the state?s 1.6 million workers will be affected by automation to some extent in the coming decades. Workers most vulnerable to automation are also those most impacted by pandemic-related work disruptions. Adults with lower levels of educational attainment experienced the most severe economic impacts of the pandemic and are more vulnerable to technology advancements in the workplace. During the pandemic, national unemployment rates among adults with only a high school diploma or equivalent peaked at 17.3% compared to 8.4% for those with a bachelor?s degree or higher.
PERFORMANCE MEASURING
The OSRHE will collect data from state system institutions to measure project performance. Evidence of project success includes increases in: the number of students enrolled at state system institutions; student retention rates; student graduation rates; and number of degrees/credentials conferred annually.
ONGOING INVESTMENT AMOUNT
$
ONGOING INVESTMENT DESCRIPTION
None
ONGOING INVESTMENT REQUIRED
One-time project will not need continued funding
PROGRAM CATEGORY
Addressing Negative Economic Impacts
PROGRAM SUBCATEGORY
Other Economic Support
FEDERAL GRANT AMOUNT
$
FEDERAL GRANT DESCRIPTION
The OSRHE has administered federal funds since its inception in 1941. Current federal awards include: ? CFDA 93.558 TANF ? CFDA 93.575 Child Care Block DHS ? CFDA 84.032 FFEL ? CDFA 84.334 GEAR UP ? CDFA 93.788 Opioid STR SAMHSA ? CDFA 47.070 NSF Computer Infrastructure
HQ COUNTY
Oklahoma
ENTITY TYPE
State agency
Data source: Oklahoma Office of Management and Enterprise Services / More information ยป