State Council of Higher Education for Virginia (245)
Measure Name
Percent of institutions' aggregated degree estimates that are accurate.
Measure Last Modified
08-30-2024 03:08 p.m.
Measure Last Published
08-29-2024 02:16 p.m.
Status
Active
Data Source and Calculation
In consultation with SCHEV, each public institution of higher education develops an estimate of the number of degrees it projects to award in each of the next six years. Each institution also reports to SCHEV annually its actual number of degrees awarded. This measure is calculated as the total number of accurate degree estimates divided by the total number of estimates received for a given year, with 'accurate' defined as an institution's degree-award total being within five percentage points (above or below) of its projected estimate.
Enterprise Priorities and Strategies
Initiative
Priority
Strategy
Workforce
Credentialing
Establish annual goals and identify ways to increase statewide credentials that align with employer current and future needs.
Associated Service Areas
Service Area Code
Service Area Name
11104
Higher Education Coordination and Review
Targets and Baselines
Name
Date
Result
Note
Baseline
06-01-2018
73.0
Short Target 2025
06-30-2025
75.0
Long Target 2027
06-30-2025
75.0
Results
Year
Result
Note
2015
95
2016
47
Of the 53 percent of institutions' degree-award estimates that were inaccurate, only 12 percent were inaccurate because of an institution's inability to produce at least 95 percent of the number of degree awards it projected. The majority (41 percent) of the inaccuracies were estimates that under-projected the number of degrees produced (i.e., the number of degrees awarded by an institution was more than five percent above its estimate). While having many institutions exceed their estimates is a positive result in terms of the number of degrees awarded, these under-estimates present challenges for state policymakers in planning and funding decisions, which is why this measure is constructed this way.
2017
73
Of the 27 percent of institutions' degree-award estimates that were inaccurate, 13.5 percent were inaccurate because of an institution's inability to produce at least 95 percent of the number of degree awards it projected and 13.5 percent were incorrect because the institution under-projected the number of degrees produced (i.e., the number of degrees awarded by an institution was more than five percent above its estimate). While having institutions exceed their estimates is a positive result in terms of the number of degrees awarded, under-estimates present challenges for state policymakers in planning and funding decisions, which is why this measure is constructed this way.
2018
Of the XX percent of institutions' degree-award estimates that were inaccurate, XX percent were inaccurate because of an institution's inability to produce at least 95 percent of the number of degree awards it projected and XX percent were incorrect because the institution under-projected the number of degrees produced (i.e., the number of degrees awarded by an institution was more than five percent above its estimate). While having institutions exceed their estimates is a positive result in terms of the number of degrees awarded, under-estimates present challenges for state policymakers in planning and funding decisions, which is why this measure is constructed this way.
2019
Institutions will report their degree awards for 2018-19 to SCHEV in Fall 2019, and SCHEV will report performance on this measure in Spring 2020.
2020
2021
2022
Institutions will report their degree awards for 2021-22 to SCHEV in Fall 2022, and SCHEV will report performance on this measure in Spring 2023.
2023
2024
Institutions will report their degree awards for 2023-24 to SCHEV in Fall 2024, and SCHEV will report performance on this measure in Spring 2025.