State Opportunity Index – Strada Education Foundation

Last Updated: 04/04/2024

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Overview

In April 2024, Strada Education Foundation published The State Opportunity Index to help state policymakers and higher education institutions assess how well they are leveraging post-high school education — including degrees, certificates, and other credentials — to strengthen workforce competitiveness and pathways to opportunity. The research-based framework aims to encourage progress in linking education and opportunity.

The first annual report establishes a baseline (quantifiable set of measures) for how states are doing in five areas:

  1. Clear Outcomes
  2. Quality Coaching
  3. Affordability
  4. Work-Based Learning
  5. Employer Alignment

While all states have room for improvement, each state’s progress is designated in one of four categories based on their index rating:

  • Leading: State is at the forefront and has made the most progress toward creating equitable pathways to opportunity.
  • Advanced: State has made substantial progress toward creating more equitable pathways to opportunity.
  • Developing: State is in the early stages of creating more equitable pathways to opportunity.
  • Foundational: State is just beginning to create more equitable pathways to opportunity.

Profiles for each of the 50 states plus Washington, D.C., provide a breakdown of state progress for return on investment (ROI) and the five priority areas. The five areas represent ways for states to strengthen the link between education and opportunity. For example, one measure of the strength of that link is how consistently college graduates achieve a positive ROI (percentage of graduates better off financially because they went to college). The positive ROI value for each state represents the estimated percentage of college graduates whose earnings premium over high school graduates is enough to repay their total cost of a degree within 10 years. Positive ROI data are available for 50 states and Washington, D.C.

Measures

Clear Outcomes: The Index identifies 10 critical elements that contribute to the capacity of state education-to-employment data systems to strengthen the connection between education and opportunity:

  1. Nondegree and noncredit data
  2. Enhanced wage records (e.g., occupation)
  3. Longitudinal data from postsecondary education
  4. Longitudinal data from high school
  5. Data sharing across state lines
  6. Open data files
  7. Interactive resources
  8. Researcher access
  9. Learning and employment records
  10. Dedicated insights capacity

Quality Coaching: Everyone should have access to coaching that helps them reflect on their talents and interests, choose a career goal, map pathways through education, and navigate challenges. To measure progress, the Index surveys recent graduates to learn who experienced education-to-career coaching with accompanying information about employment outcomes information and support in achieving their goals. Quality Coaching data are available nationally for public two- and four-year institutions, and public four-year institutions in California, Florida, New York, and Texas.

  • National bachelor’s
  • National associate

Affordability: Quality post-high school programs should be within everyone’s financial reach, allowing for equitable opportunities for success. To measure progress, the Index calculates how many hours a week a student would need to work to cover the in-state net price (total cost of attendance minus any grants and scholarships). Affordability data are available for 50 states and Washington, D.C.

  • State bachelor’s
  • State associate

Work-Based Learning: All students should have access to quality work-based learning experiences (e.g., paid internships and apprenticeships) that help connect their education and career aspirations. To measure progress toward broadening access to paid internships, the Index surveys recent college graduates. Work-Based Learning data are available nationally for public two- and four-year institutions, and public four-year institutions in California, Florida, New York, and Texas.

  • National bachelor’s
  • National associate

Employer Alignment: Students should have access to programs that lead to quality jobs and mobility, and employers should assess and advance individuals based on skills and experiences, not just degrees. To measure progress, the Index calculated a supply/demand ratio for a variety of high-demand, high-wage jobs in each state, as well as estimated the percentage of terminal bachelor’s degree holders aged 26-30 employed in a college-level job. Employer Alignment data are available for 50 states and Washington, D.C.

  • College-level employment
  • Overall supply/demand ratio
    1. Data analytics
    2. Engineers
    3. Finance and accounting professionals
    4. Finance and accounting support
    5. Health care technicians and technologists
    6. Information and cybersecurity
    7. Nursing
    8. Software development and engineering
    9. Technicians and technologists

References

Executive Summary: https://stradaeducation.org/state-opportunity-index-executive-summary-2/

State Profiles: https://stradaeducation.org/state-opportunity-index-states/#

Website: https://stradaeducation.org/report/state-opportunity-index

Website: https://stradaeducation.org/who-we-are/

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