March 25, 2014
The Honorable Carol Liu
Chair, Senate Education Committee
District 25, California State Senate
State Capitol, Room 5097
Sacramento, CA 95814
RE: SUPPORT OF SB 1022 (Huff)
Dear Senator Liu,
On behalf of the Regional Economic Association Leaders (R.E.A.L.) Coalition, an association of California’s most influential business and economic development entities, representing 21 member organizations and more than 11,000 employers who collectively provide more than 3 million California jobs, we write in support of SB 1022 (Huff), Student Graduate Labor Market Data..
This bill would require the California State University, and request the University of California, to publicly provide labor market outcome information relating to their graduates. The information required by the bill would include, but not necessarily be limited to, salary data and the distribution of employers, classified by industry.
As students and their families make important decisions about investing their time and money in pursuing a college education, this bill would make available for the first time comparative information about the earnings of recent graduates who received an award in a specific program area at a California State University and/or a University of California campus. Graduation rates and earnings data could help students make more informed decisions about their potential programs of study, but this data is not easily accessible to students and their families. Students need tools that allow them to pull the information they need—from graduation rates that account for all students (or students like them) to lifetime career earnings that go beyond the first, often poorest, year-after-graduation salaries. While future earnings is not the only factor students should consider when deciding on a career path, with more comprehensive, accessible data, institutions will have a clearer picture of their outcomes, and students and their families will be able to make better informed decisions about degrees and occupations to pursue.
Now the time has come for colleges and universities to help build a system that gives better information on the value of a college education. It is in the best interest of our state to have an educated workforce to provide the innovation necessary to keep California competitive in a global economy. We urge your “aye” vote when it comes before you in the Senate Education Committee.
(LAEDC’s President & CEO signed onto this letter)