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Building the Workforce

Page 1

BUILDING

the Workforce

GENERATING

$1.5 BILLION

IN ANNUAL ECONOMIC IMPACT


Proven results. Local impact. Strong return on investment.

Milwaukee Area Technical College is Wisconsin’s largest and most diverse technical college, offering 170+ high-quality programs that connect students to a career in as little as one to two years and offer a less expensive path to a four-year degree. $1.5 billion in annual economic impact

900+ employer advisors to keep curriculum current

$418,000 higher lifetime earnings for MATC associate degree grads compared with high school diploma alone

71

%

3,332

work District

graduates in 2018-19

of graduates

in

MATC

(2018-19)

1,846

students transferred to four-year schools who were enrolled in an MATC program in 2018-19

High-quality education at affordable cost Cost of College

(2020-21; one year, full time; 30 credits with fees; Wisconsin resident)

0

$6,170 - MATC four-year college transfer program $7,422Â - UW System four-year college/university (minimum) $38,098 - Private nonprofit and out-of-state public four-year schools (average) 50

100

150

200

Data from Emsi, Milwaukee Area Technical College, Wisconsin Technical College System


Closing equity gaps. Building a diverse talent pipeline.

The region’s source for diverse, skilled talent • 57% of MATC students are students of color

• Youth Apprenticeships help high school students explore careers, gain experience, earn credit

• 1,900+ students to date earned free tuition through the MATC Promise – 75% are students of color

• 25+ apprenticeship programs, where students work and earn income while learning

• Graduates are ready on day one with career-specific and employability skills • Workforce Solutions provides on-site and customized training

Helping all students succeed • MATC uses the nationally recognized Guided Pathways model to keep all students on track for success

Faster time to degree • Students can earn a credential in as little as 1-2 years

• MATC is part of the first group of colleges nationwide to join in the Moon Shot for Equity, a partnership to eliminate equity gaps in graduation rates

• 20% average annual growth in MATC credits earned by high school students

• MATC is Wisconsin’s first college to offer Second Chance Pell financial aid to students leaving incarceration – 94% of students found work after release

94% 95% 94% of MATC graduates employed within six months

TECHNICAL DIPLOMA

ASSOCIATE DEGREE

of graduates are employed within six months

of graduates are employed within six months

an average of

an average of

earning earning $44,464

$52,280

(2018-19)

MATC is a vital economic engine that is preparing grads to fit the most difficult-to-fill job openings in the region.


How MATC is funded Total revenue $272.1 million

• • • • • • •

Property taxes $94.1 State aid $79.2 Federal grants $35.8 Student tuition & fees $27.9 Grants $13.7 Auxiliary/Enterprise $5.4 Institutional $16.0

5%

Foundation

2% 6%

10%

Investing in Student Success

Public-private partnership through the MATC Foundation Inc. 35%

13%

(in millions)

29%

Milwaukee PBS – A community resource

The MATC District Board is the license holder for Milwaukee PBS, WMVS and WMVT, and digital channels 10.1 - 10.3 and 36.1 - 36.3. The station produces several ongoing local series and airs specials and mini-series throughout the year, in addition to noncommercial education and entertainment programs. Milwaukee PBS: • Has an average of 627,770 weekly viewers • Reaches as far south as northern Illinois, west into Jefferson County and north into Sheboygan and Fond du Lac counties

Since 1979, public-private partnerships have been formed through the MATC Foundation Inc., a 501(c)(3) nonprofit corporation, to raise funds for student scholarships, emergency grants and educational programs that address the workforce development needs of the community. These initiatives cannot be supported through government funding alone, which has not kept pace with rising costs. The MATC Foundation manages more than 200 endowment and temporarily restricted funds totaling $12 million, annually supports Milwaukee PBS with $275,000 in endowment earnings, and annually awards more than $1.1 million in scholarship support and more than $100,000 in student emergency grants.

• Serves as the hands-on training facility for MATC students in the Television and Video Production associate degree program

Grow your workforce with MATC • Post an internship or job opportunity • Join Alumni Network • Join an advisory committee to shape in-demand curriculum • Support our students • Connect with customized or on-site training

DOWNTOWN MILWAUKEE 700 West State Street

MEQUON 5555 West Highland Road

OAK CREEK 6665 South Howell Avenue

Contact Vice President Laura Bray, College Advancement and External Communications, at 414-297-6990 or braylm@matc.edu.

WEST ALLIS 1200 South 71st Street

414-297-MATC Wisconsin Relay System 711

MISSION Education that transforms lives, industry and community VISION The best choice in education, where everyone can succeed VALUES Empowerment, Inclusion, Innovation, Integrity, Respect MATC is accredited by the Higher Learning Commission, Commission on Institutions of Higher Education, the national standard in accrediting colleges and schools for distinction in academics and student services. MATC is an Affirmative Action/Equal Opportunity Institution and complies with all requirements of the Americans With Disabilities Act. REV 11/20

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