Joe Cortright presented the year two Talent Dividend progress reports covering the 57 cities participating in the the Talent Dividend Prize competition. The webinar described the data and methods used to count the number of degrees awarded in each metropolitan area, and the process for reviewing and approving this data. The webinar described the range of results for participating Talent Dividend cities. The year two process and methods will serve as the basis for the final determination of the Talent Dividend Prize winner in the fall of 2014.

1. Talent Dividend Degree Award Report
Chattanooga- TN-GA Metropolitan Area (CBSA)
Post-Secondary Degrees Awarded, 2009
Data by Institution from IPEDS.
CBSA
Chattanooga- TN-GA
Talent Dividend Degree Award Report
First
Bachelors Masters
Professional
Institution
Associates Degrees Degrees Degrees PhD Degrees Degrees
Chattanooga College Medical Dental and Technical Careers
7
Chattanooga State Community College
61
7
Covenant College
298
21
ITT Technical Institute-Chattanooga
Miller-Motte Technical College-Chattanooga
18
1
Northwestern Technical College
Richmont Graduate University
69
Southern Adventist University
1
44
359
79
First
Temple Baptist Seminary
Bachelors Masters 67
Professional
Tennessee Temple University
5
45
2
The University of Tennessee at Chattanooga Degrees Degrees Degrees 1
,256
377
50
Institution
Associates
PhD Degrees Degrees
1
1
Chattanooga College Medical DentalUniversity of Phoenix-Chattanooga Campus
and Technical Careers
7
-2
Virginia College-School of Business and Health
27
Chattanooga State Community College Total
61
7
MSA
91 8
1
,981
603
52 -
Chattanooga- TN-GA Metropolitan Area (CBSA)
Post-Secondary Degrees Awarded, 2009
Data by Institution from IPEDS.
CBSA
Chattanooga- TN-GA
The Talent Dividend
Year Two Reports
Covenant College
ITT Technical Institute-Chattanooga
Miller-Motte Technical College-Chattanooga
Northwestern Technical College
Richmont Graduate University
Southern Adventist University
Temple Baptist Seminary
Tennessee Temple University
The University of Tennessee at Chattanooga
University of Phoenix-Chattanooga Campus
Virginia College-School of Business and Health
MSA Total
18
1
1
44
5
27
91
8
298
359
67
1
,256
1
1
,981
21
69
79
-
Joe Cortright
December 2013
Talent Dividend Prize and associated programs are generously supported by:
-
45
377
1
2
603
2
50
-
52
-

2. Roadmap
1. The Talent Dividend
2. Year Two Reports
3. Questions
December 2013

3. The Talent Dividend
December 2013

4. Talent Dividend
December 2013

5. Education drives individual
success
Earnings Strongly Correlated with Education
Annual Earnings (Chained 2012 $)
100,000
1975
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
Not a High School High School Graduate
Some
Bachelor's Degree
Advanced Degree
Graduate
College/Associate's
Degree
Educational Attainment of Population, All Persons Aged 25 and older
Source: Current Population Survey,

6. This relationship has grown
stronger
Earnings Strongly Correlated with Education
Annual Earnings (Chained 2012$)
100,000
2011
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
Not a High School High School Graduate
Some
Bachelor's Degree
Advanced Degree
Graduate
College/Associate's
Degree
Educational Attainment of Population, All Persons Aged 25 and older
Source: Current Population Survey,

7. College wage premium growing
Source: Johnathan James, FRB, Cleveland 2012

8. Enrico
Moretti
• “Human capital is the
best predictor of high
salaries for both
individuals and
communities
• . . . The presence of
college-educated
residents - - - results
in high wages not just
for the skilled workers
but also for workers
with limited skills
• (page 90)

9. Education lowers
unemployment
• Glaeser
• Education has
“a social
multiplier”
• Unemployment
rates are lower
for everyone in
metro’s with
high levels of
education

10. The hypothesis
• Better educated metropolitan areas have
higher incomes
• Better skilled workers are more innovative
and productive
December 2013

11. The evidence
Education Explains Most Differences in Metro Income
Annual Per Capita Income, 2005
NY
$50,000
$48,000
$46,000
HAR
$44,000
PHI
HOU
SEA
DEN
MIN
BAL
SAN
y = 763.27x + 16466
R2 = 0.5846
CHI
$42,000
NO
$40,000
LV
$38,000
$36,000
$34,000
MIA
DAL
LA
MIL
PIT
RIC
CHA
DET
NASIND
STL
JAC
CLE
BIR PRI SAC KC
POR
CIN
ROC
COL ATL
LOU
OKC
MEMTPA
SLC
VB
PHO
BUF
ORL
SAT
RAL
AUS
$32,000
$30,000
15
December 2013
20
25
30
35
Percent of Population with a 4-Year College Degree, 2006
Sources: BEA (Income), Census (Education)
40
45

12. Updated to 2011
December 2013

13. Estimating the gain
• Each 1% improvement in college
attainment is associated with a $763 $856
increase in per capita income for the entire
metropolitan area
• These education gains are the product of
a shift in the entire skill distribution, not
just moving 1% past the 4 year mark
December 2013

14. Make progress at every stage
December 2013

15. Year Two Reports
December 2013

16. The Talent Dividend Prize
• Prize: $1 million to the winning metro
• 57 Competing Metropolitan Areas
• The Talent Dividend Prize will be awarded
to the city that exhibits the greatest
increase in the number of post secondary
degrees granted per one thousand
population over a four-year period
December 2013

17. Calculation details
• Data Sources:
– Degrees Awarded: IPEDS
– Population: Census Bureau, ACS
• Weighting
– 2-year degrees: 1 point
– 4-year and higher degrees, 2 points
• Base Year: 2009-10
• Year Two: 2011-12
• Rules: http://ceosforcities.org/talent/rules.html
December 2013

18. Scoring degrees
IPEDS Degree Classifications
Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree – other
December 2013
Points
1
2
2
2
2
2

19. Base year
• 2009-10 academic year is the base year
for the Talent Dividend competition
• Participating cities have been provided
with provisional year two reports and are
now being given the opportunity to review
and correct them
December 2013

20. Year two reports
• Compare 2009-10 (base year) with 201112 (year two).
• Two reports
– Detail: Results by institution
– Summary: Metro area totals and score
• Data from IPEDS, and are preliminary
December 2013

21. Summary
report
December 2013

22. Data is preliminary and subject to verification and revision.
IPEDS data current as of October, 2013.
Talent Dividend Second Year Report (Provisional)
Detail
report
December 2013
Institution Detail Report
Buffalo-Niagara Falls- NY Metropolitan Area
Institution
Bryant and Stratton College-Amherst
Bryant and Stratton College-Buffalo
Bryant and Stratton College-Southtowns
Canisius College
Cheryl Fells School of Business
Christ the King Seminary
Continental School of Beauty Culture-Buffalo
Continental School of Beauty Culture-West Seneca
D'Youville College
Daemen College
Erie 1 BOCES
Erie 2 Chautauqua Cattaraugus BOCES-Practical Nursing Program
Erie Community College
Hilbert College
ITT Technical Institute-Getzville
Leon Studio One School of Hair Design
MarJon School of Beauty Culture Ltd
Medaille College
National Tractor Trailer School Inc-Buffalo
New York Institute of Massage Inc
Niagara County Community College
Niagara University
Orleans Niagara BOCES-Practical Nursing Program
SUNY College at Buffalo
The Salon Professional Academy-Tonawanda
Trocaire College
University at Buffalo
Villa Maria College
Grand Total
2009-10 Academic Year
AA
BA and Higher
116
135
266
8
1,842
32
141
67
970
4
202
1
69
3,853
30
8
35
1,346
10
756
732
194
1,116
1,367
2,641
7,073
11
15,319
2011-12 Academic Year
AA
BA and Higher
124
147
176
11
2,059
22
203
92
1,008
5
294
44
4,185
24
16
15
1,502
11
803
784
186
918
1,319
2,687
7
7,653
34
15,959

23. Data is preliminary and subject to verification and revision.
IPEDS data current as of October, 2013.
Detail report(Provisional)
Talent Dividend Second Year Report
Institution Detail Report
Buffalo-Niagara Falls- NY Metropolitan Area
Institution
Bryant and Stratton College-Amherst
Bryant and Stratton College-Buffalo
Bryant and Stratton College-Southtowns
Canisius College
Cheryl Fells School of Business
Christ the King Seminary
Continental School of Beauty Culture-Buffalo
Continental School of Beauty Culture-West Seneca
D'Youville College
Daemen College
Erie 1 BOCES
Erie 2 Chautauqua Cattaraugus BOCES-Practical Nursing Program
Erie Community College
Hilbert College
ITT Technical Institute-Getzville
Leon Studio One School of Hair Design
MarJon School of Beauty Culture Ltd
Medaille College
National Tractor Trailer School Inc-Buffalo
New York Institute of Massage Inc
December 2013
Niagara County Community College
Niagara University
2009-10 Academic Year
AA
BA and Higher
116
135
266
8
1,842
32
141
67
970
4
30
8
35
1,346
10
756
732
194
1,116
1,367
2011-12 Academic Year
AA
BA and Higher
124
147
176
11
2,059
22
203
92
1,008
5
24
16
15
1,502
11
803
784
186
918
1,319

24. Validating results
• Year two results are preliminary
• Participating cities should validate their
IPEDS-based data with local institutions
• Though rare, reporting errors do occur
– Wrong data
– Mis-classification
– Administrative Changes
December 2013

25. http://nces.ed.gov/ipeds/datacenter/
December 2013

26. Next Steps
• Distribute year 2 “outlier” report
– Identify unusual increases in degree awards
• Publish year 2 performance report
• Collect year 3 data for judging and award
December 2013

27. IPEDS Key Dates
Talent
Dividend
Year
Academic
Year
Reporting
Deadline
“Early
Release”
Date
Public
Availability
Base
2009-10
October 2010
May 2011
October 2011
1 Year
2010-11
October 2011
May 2012
October 2012
2 Years
2011-12
October 2012
May 2013
October 2013
3 Years
2012-13
October 2013
May 2014
October 2014
4 Years
2013-14
October 2014
May 2015
October 2015
December 2013

28. Questions?
December 2013