Supporting Effective Teaching in Tennessee: Executive Summary | Page 9

Why Education Matters for Tennessee Education is the key to both Tennessee’s school diploma earns on average $28,645. Currently, only 22 future and the future of every individual percent of the adult population in Tennessee has a bachelor’s who lives in our great state. In a recent speech degree or higher, resulting in many Tennesseans not being able to the U.S. Hispanic Chamber of Commerce, President Obama to obtain the high-paying jobs they desire.3 emphasized the importance of education to our nation saying, “We know that Education also affects the economic welleconomic progress and educational being of every community in Tennessee. achievement have always gone hand in Research collected by the University hand in America . . . [L]et there be no of Tennessee Center for Business and E d u c atio n is t h e k e y doubt: the future belongs to the nation Economic Research found that the ten that best educates its citizens.” Education counties with the largest recent job growth to b ot h T e n n essee ’ s is and will continue to be the number one had on average 76 percent of adults with determinant of prosperity and well-being at least a high school diploma, while the f u t u re a n d t h e for each individual and community in ten counties with the least job growth our country and in our state. had only 66 percent of adults with a high f u t u re o f every school diploma.4 Similarly, a recent study The jobs available to young adults today by McKinsey found that inequalities in i n d ivi d ua l w h o l ives require a very different level of education education created “clusters of Americans than the jobs that were available to their largely unable to participate in the greater i n o u r g re at state . parents and grandparents. Over the past American economy due to a concentration forty years, there has been a substantial of low skills, high unemployment, or decline in manufacturing and other high incarceration rates.” 5 These clusters, blue-collar jobs that required relatively which exist in many rural and urban areas little formal education. At the same time, in Tennessee, contain a disproportionate there has been a tremendous growth in service sector jobs, number of people who are unable to compete for decent-paying which require greater critical thinking and communication jobs that can support a family. Not only does this make it very skills. These new jobs require a higher level of education than difficult for these individuals to make ends meet, but it also the blue-collar jobs they are replacing (see Figure 2.1). For makes it very difficult for their communities to thrive. example, eight of the ten occupations with the fastest projected growth between Figure 2.1 2004 and 2014 require at least a bachelor’s Minimum Education Requirements for Growing Industries degree or postsecondary vocational certificate. In contrast, none of the ten most rapidly declining occupations At least an At least a require any postsecondary education.1 Associate’s Degree Bachelor’s Degree A recent report by ACT, Inc. found it is not only new jobs, but also the remaining Registered Nurse Public Relations Manager blue-collar jobs, that are requiring more eduction. Specifically, the study found Computer Support Specialist Loan Officer employers are increasingly expecting blue-collar workers, such as electricians, Medical Records Technician Industrial Engineer construction workers, and plumbers, to Health Records Technician Forester have at least an associate’s degree.2 There is no question the level of education an individual attains has significant implications for their own personal earnings. While an individual with a bachelor’s degree on average earns $51,554, an individual with only a high 8 Physical Therapy Assistant Computer Software Engineer Occupational Therapy Assistant Sales Manager Veterinary Technologist Network Administrator Source: Tennessee Chamber of Commerce and Achieve, Inc. T h e S t a t e o f E d u c a t i o n i n T e n n e ss e e