55 by 25 2023 Report
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THE PURPOSE<br />
In 2019, One Acadiana and regional partners launched the <strong>55</strong> <strong>by</strong> <strong>25</strong> initiative to address the economic<br />
and moral imperative for increasing educational attainment. To ensure Acadiana is globally competitive,<br />
the region requires a strong and well-educated workforce. No accomplishment will be more critical to<br />
our future as a region.<br />
For many years, the blessings of the oil & gas industry – where one could earn a good living without<br />
a postsecondary degree – created an environment where higher education was desirable but not<br />
essential. As our regional economy evolves, many more of our citizens will need postsecondary<br />
degrees and high-value credentials to equip them for good jobs and good wages.<br />
“Increasingly, the level of education of a community’s population is becoming<br />
a decisive factor in economic competitiveness. Firms understand the need to<br />
operate in economies that offer a sufficient supply of workers that meet or<br />
exceed their demands. They also know that the lack of an educated<br />
workforce can significantly affect business performance.”<br />
— Garner Economics,<br />
One Acadiana Target Industry Strategy<br />
THE VISION<br />
• An equitable education system that meets the region’s need for talent and offers all Acadiana<br />
residents the chance for a better life through increased educational attainment<br />
THE GOAL<br />
• Increasing the proportion of working-age adults in Acadiana with postsecondary degrees,<br />
certificates, or other high-value credentials to <strong>55</strong>% <strong>by</strong> 20<strong>25</strong>.<br />
<strong>55</strong> <strong>by</strong> <strong>25</strong> partners are focused on supporting programs and pathways that provide job seekers with<br />
the opportunities and resources they need to gain education and training to secure good jobs and<br />
good wages.<br />
This year, we’re putting special focus on strengthening partnerships between industry and education.<br />
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