The Race to Fuel Indy's Economy

The Race to Fuel Indy's Economy

By 2025, Central Indiana is projected to have 51,500 net new technical jobs. At the rate we are going today, projections show 24,500 of those jobs could go unfilled.
Unless we make some changes.source

Smart Choices

Filling our classrooms with more students is a given, but making sure that our younger students choose technical fields of study isn’t enough. We need to make sure those students finish their studies.

Smart Choices

More STEM Students

In 2014, Central Indiana enrolled 97,690 post-secondary students in STEM and technical educational pathways. At the current rates of degree completion, we need 14,350 more enrollments every year in order to produce 24,500 new technical degrees by 2025.source

2014
2025

Smart Choices

More Graduation Caps & Gowns

The ratio of students who complete degrees in post-secondary technical fields must grow. Only 17% of all post-secondary students who enroll in technical fields complete their degrees. By 2025 we must raise that number to 27%.source

17%
27%
2014
2025

Smart Choices

More Staying Power

Surpassing the national retention rates for Associate degrees (from 50.5 percent to 57 percent) and Bachelor’s degrees (from 76.5 percent to 81 percent) and aiming to be one of the country’s top ten states will help in providing Central Indiana with the technical talent we need by 2025.source

Goal rate: 57% Associate Degrees
Goal rate: 81%
Bachelor's Degrees

Skills That Matter

It’s not just about being smart; Central Indiana has plenty of smart people. We need to ensure these people are smart in the right subjects. Aligning our students‘ studies with businesses’ needs is critical.

Skills That Matter

ACT Above the Average

Improving Math and Science ACT scores is key for Central Indiana students to excel in technical fields. As a region, Central Indiana is just 3 percentage points away from ranking among the top ten states in the percentages of our students achieving the ACT benchmarks scores in Math and Science. source

59.7% 56.7%
50.2% 47.2%

Skills That Matter

Fewer Coffee Runs, More Learning

We can provide more applied learning opportunities for students through internships. Central Indiana employers are clearly looking for interns as indicated by postings by Central Indiana employers. But we need to continue this trend.source

More Learning 627 902

Skills That Matter

More Hometown Hoosier Talent

Central Indiana needs to keep more students who graduate from Central Indiana schools. Right now just 16 percent of the technical graduates from Indiana public colleges are employed by Central Indiana companies. Raising that to 20% would give us an increase of almost 900 new employees annually.source

More Hometown Hoosier Talent 3,782 4,538

Talent Highways

How do we accelerate the number of technically skilled employees feeding into the pipeline? It starts with creating and maintaining talent highways that are accessible to all residents, whether they’re still in school or currently in the workforce.

Talent Highways

Fueling Our Future

In 2014, Central Indiana had 5,278 post-secondary students enrolled in competency-based and accelerated technical programs leading to academic credentials, but we need more. Finding more ways for Central Indiana students to achieve their goals will not only shorten the length of time in the classroom, but will also diversify our workforce.source

Feuling Our Future 5,278

Talent Highways

The Need for Speed

Finishing school faster is a sure sign of dedicated students and diligent workers. We can track these motivated Central Indiana students as they shorten the average length to complete their degrees between now and 2025.source

Certificate Associate Bachelor's

Talent Highways

Students of Every Age

Hoosiers ages 25-44 are a critical piece in our economy's puzzle. As we get closer to 2025, there is plenty of room to increase the percentage of educated and employed Central Indiana workers who will need post-secondary credentials for tomorrow's jobs.source

Students of Every Age
Some College
21%
Students of Every Age
Associate
9%
Students of Every Age
Bachelor's
25%
Students of Every Age
Master's
10%