FY2016 Budget Request
The Board of Higher Education approved the budget request for Fiscal Year 2016 at its meeting on December 9, 2014. The priorities outlined in this budget reflect the analyses and recommendations contained in Degrees of Urgency: Why Massachusetts Needs More College Graduates Now, as well as the October report by the legislatively-mandated Higher Education Finance Commission.
Strategic Workforce Planning: Next Focus
The Board also heard a presentation by David Cedrone, Associate Commissioner for Economic and Workforce Development, on the next phase of strategic planning in workforce development. The Department of Higher Education is currently focused on filling projected shortages and advancing education in Healthcare and IT/Technology industries, and is looking to expand into other high-growth fields. Cedrone recommended the next focus be on the Manufacturing sector, where all recent workforce growth has been among college-educated workers. According to his presentation, 78% of current manufacturing job postings in Massachusetts require some college education and 69% require bachelor’s or above. The Manufacturing sector also appears to overlap heavily with the Bio sector, so a Manufacturing plan with an emphasis on Bio would benefit both industry sectors.
Visit the Policy and Report Library for BHE meeting agendas, reports and presentations,