Maine faces distinctive challenges that the Mitchell Institute can help address.
As widely reported by the media, public confidence in the value of a college education recently fell to an historic low nationwide. Yet we know that college graduates on average earn $1.2 million more over their lifetimes than people without a four-year degree.
Here in Maine, the erosion in the value of higher education is coupled with three other challenges: The state’s workforce needs are outpacing our demographics, our rate of student degree completion is stagnant and trails national and New England rates, and our first-generation, low-income, and historically underrepresented BIPOC student populations have lower rates of college degree attainment.
The impact of these challenges is clear. Declines in college degree attainment make it more difficult for Maine employers to hire an educated workforce and deprives communities statewide of leadership potential needed to sustain vital civic institutions.
The mission of the Mitchell Institute — to increase the likelihood that young people from every community in Maine will aspire to, pursue, and achieve a college education — is more important than ever.
Watch Mitchell Institute President and CEO Jared Cash Explain Why the Need Is Greater Than Ever