In today’s growing innovation economy, access to higher education is more important than ever.
According to a report from the Georgetown University Center on Education and the Workforce, 63 percent of all job openings by 2018 will require workers with at least some college education.
Couple that with The Pell Institute research showing that college tuition can require up to 84 percent of a low-income family’s annual income, and we quickly see how additional support and innovative programs can strengthen the career pathways available to all San Diego youth, particularly first-generation and low-income students.
College access, college finances and college success are all part of the equation.
By working across those three areas, we can increase the number of adults with college degrees and build a more vibrant and equitable region.
Investing in Tomorrow
In the coming weeks, The San Diego Foundation will formally announce a partnership that will provide local, sustainable solutions to help our young people prepare for, pay for, and persist through college.
As we know, by investing in our youth, from the earliest stages of development to their final steps before joining the workforce, we can strengthen the future of our economy.
San Diego is home to some of the most world-renowned companies positioned at the forefront of their industries – from the Salk Institute and Qualcomm, to WD-40 and Sanford-Burnham Medical Research Institute.
Through this multi-year pilot program, The San Diego Foundation will ensure that these companies and all others in San Diego have a robust pipeline of local scientists, engineers, executives and experts to hire.
Increasing Access to Education
The Center for Policy Initiatives found that more than 15 percent of San Diegans live below the federal poverty level.
I believe that poverty should never be a barrier to education for our young people.
We need to invest in more training and educational initiatives to create a robust pipeline of local professionals ready to take on San Diego’s high-tech and vocational jobs.
For more than two decades, The San Diego Foundation Community Scholarship Program has provided more than $28.7 million in scholarships to thousands of local students pursuing a variety of careers throughout the region.
Our new initiative will build on the success of this program and offer philanthropists a way to invest in a program that brings a holistic approach to higher education.
What local youth initiatives are helping to strengthen San Diego’s economy? Share them in the comments below!
About Kathlyn Mead
President and CEO of The San Diego Foundation, Kathlyn Mead has been actively involved in community throughout her career. National Medical Fellowships honored Kathlyn with its 2015 Leadership in Healthcare award. Charles R. Drew University recognized her commitment to community service with its 2011 Medal of Honor. Mead was named a 2008 Woman of Distinction by the University of Southern California, received San Diego’s 2004 KGTV-10 News Organizational Leadership Award, and is also a 2003 YWCA of San Diego TWIN awardee.