Connect with us

Arkansas

Doubling STEM Grads Could Add Nearly $4B to Arkansas Economy by 2038, Study Finds

Published

on

Doubling STEM Grads Could Add Nearly B to Arkansas Economy by 2038, Study Finds


Arkansas’ economy could grow by nearly $4 billion by 2038 if the state can double the number of graduates with STEM degrees in that time period, according to a new study released Tuesday by Bentonville-based “think-and-do” tank Heartland Forward in partnership with the University of Arkansas. 

“We know that STEM education is vital to economic performance,” said Heartland Forward President and CEO Ross DeVol. “And right now, Arkansas faces a critical shortage of STEM graduates, with nearly 58,000 open positions projected by 2028 alone. This threatens the state’s ability to compete in the knowledge-based economy of the future.”

According to the study, gross domestic product per worker grew from $86,452 in 2012 to $111,603 in 2021 in Arkansas. More than a quarter of that growth was attributable to the work being done at engineering colleges across the state, particularly in research, computer and data science and engineering. 

“If we look forward, in terms of what can happen to long-term economic performance by doubling the number of graduates in both computer science and engineering and data science and research productivity, this means there’s a need to make an investment,” DeVol said. 

It would be a worthwhile investment, he added. 

Advertisement

“The long-run economic benefits of doubling the number of graduates are 15 times the near-term economic impact of just operations at the university,” DeVol said. “And so to better realize these economic benefits, we need a concerted strategy to address the needs and produce more graduates within the system.”

Heartland Forward’s study estimates that if Arkansas can increase its share of engineering and computer science professionals by 1.1%, the state’s GDP would increase by 1.6% and 19,000 new jobs would be created by 2038.

If the number of those professionals grew by 50%, it could raise GDP by $2.4 billion. If the state doubles the engineering and computer science workforce, the GDP could increase to up to $3.9 billion. 

Kim Needy, dean of the University of Arkansas College of Engineering, said half of the engineers produced in the state of Arkansas come from the university in Fayetteville. The university as a whole has been supportive of the College of Engineering’s efforts to attract and retain more students, she said. 

“Currently, our graduation rate is 53%, so nearly half the students who start don’t graduate … So we’re making sure we’re putting in intervention, and we have tutoring, we have career counseling, academic advising, coaching to get students to the finish line,” Needy said. 

Advertisement

The university also on Nov. 12 announced its new Land of Opportunity scholarship campaign, which is currently ongoing. Funds raised will go to help low-income students bridge the gap between other financial assistance they receive and the costs to attend UA. 

“We have many poor students in the state that would love to study engineering, but can’t see the pathway on how to pay for it,” Needy said. 

But increasing the number of degree-holding engineers in Arkansas starts when students are much younger, said Arkansas Commerce Secretary Hugh McDonald. 

“We’ve also got to expose our kids in K-12. We’ve got to equip them. We’ve got to give them hands-on, work-based learning experiences, so they see how algebra, how chemistry, how math, using a measuring tape are all applied in the real world,” McDonald said. “This triggers an interest in a young student’s mind.”

And opportunities in STEM fields aren’t limited to degree-holders, said Patrick Schueck, a UA College of Engineering graduate who is now CEO of steel fabricator Lexicon Inc. of Little Rock.

Advertisement

“What makes success in my world, what makes success for the state of Arkansas, long-term, is having that delicate balance of educated engineers that are focused on STEM followed up by a … workforce that knows how to do to turn the nuts and lay the well down, do piping and pour concrete,” Schueck said. “It takes both; it takes a nice balance.”

 

 



Source link

Advertisement

Arkansas

Children’s Advocacy Center of Southeast Arkansas receives Difference Makers Award

Published

on

Children’s Advocacy Center of Southeast Arkansas receives Difference Makers Award


LITTLE ROCK, Ark. – Hazel Maxey picked out toys at the annual Santa’s Holiday Gift Drive.

“With toys, we can bring a little bit more cheer to a family, especially the children,” Maxey said

The toys might seem like a small gesture, but they’re actually a big deal for the children Maxey’s organization serves.

“We’re able to reach more children, help children and bring more cheer to the children that we serve so we are very grateful,” she said.

Advertisement

Maxey is the executive director of the Children’s Advocacy Center of Southeast Arkansas in Pine Bluff. For the past three decades, the center has served thousands of children who are victims of sexual and physical abuse.

Hazel Maxey, executive director children’s advocacy center of southeast Arkansas:

“We do forensic interviews, sexual assault exams, therapy and advocacy services so that we can help children in their healing process,” Maxey explained.

In 2024, they saw at least 700 children. Maxey believes the numbers will even higher by the end of this year.

“Children should have the right to be heard and believed and supported because children shouldn’t be hurt because of child maltreatment,” she said.

Advertisement

The team’s ultimate goal is to help children heal so they don’t carry their trauma into adulthood. That is why Rainwater Holt & Sexton has named the Children’s Advocacy Center of Southeast Arkansas as this month’s Difference Maker.



Source link

Continue Reading

Arkansas

WholeHogSports Freshman of the Year: Joscelyn Roberson starred for Arkansas gymnastics after Olympics | Whole Hog Sports

Published

on

WholeHogSports Freshman of the Year: Joscelyn Roberson starred for Arkansas gymnastics after Olympics | Whole Hog Sports





WholeHogSports Freshman of the Year: Joscelyn Roberson starred for Arkansas gymnastics after Olympics | Whole Hog Sports







Advertisement






Advertisement






Source link

Continue Reading

Arkansas

6 die in South Arkansas car wrecks –

Published

on

6 die in South Arkansas car wrecks –


Separate vehicle crashes in South Arkansas in the days before Christmas claimed the lives of six people.

Information was compiled from preliminary fatal crash summaries posted by Arkansas State Police.

On Saturday, Dec. 20, a Texarkana pedestrian was struck and killed on Arkansas Highway 82. A report says 47-year-old Christopher Lamin was walking in the roadway near its intersection with Vanderbilt Road when an eastbound 2010 Toyota struck and killed him. Weather and road conditions were clear when the collision occurred at 8 p.m.

On Sunday, Dec. 21, a Nashville woman died in a crash at the Nevada County town of Emmet. Marshauntie T. Sanders, 30, was traveling on US Highway 67 when the 2015 Ford Edge she was driving left the roadway and struck an embankment. The weather and roads were clear when the crash happened at 1:16 a.m.

Advertisement

A second crash early Sunday morning on US Highway 79 left a Magnolia man dead and a Waldo woman injured. Therran R. Moreno, 19, was driving a 2013 Chevy Tahoe north when the vehicle left the roadway and struck an embankment, overturning the vehicle and ejecting Moreno. His passenger, Summer Murphy, also 19, was transported to Magnolia Regional Center for treatment to unlisted injuries. The weather was clear and the roads were dry at the time of the crash, at 3:07 a.m.

A third car accident Sunday morning killed two Star City residents in the Desha County city of Dumas. James Dale Wilcox Jr., 63, was driving a 2023 Chevy Trailblazer north on US Highway 165 when he veered left of center, drove off the highway and collided with an embankment at Dan Gill Drive. Both Wilcox and his wife, Brenda, 59, were killed in the crash. Roads and weather conditions were clear at the time of the crash, 9:48 a.m.

A one-vehicle wreck on Arkansas Highway 51 in Hot Spring County left one person dead Monday, Dec. 22. Matthew Joseph Buffington, 40, of Malvern, was driving a 2021 Jeep Compass when he drove up an embankment, sending the vehicle airborne and striking two trees. Weather and road conditions were clear and dry at the time of the crash, 12:20 a.m.

Editor’s Note: Preliminary Arkansas State Police fatality reports sometimes contain information that turns out to be inaccurate. Typical errors include spelling errors in names, or incorrect ages; outdated hometown information; vehicle direction of travel; and incident times. The ASP sometimes corrects these errors in updated reports. ASP reports omit names of passengers or drivers who are not injured, even in instances when uninjured drivers may appear to be at fault. The reports also omit names of juveniles who were injured or killed, although we report those names when obtained through other sources.

Advertisement

Discover more from

Subscribe to get the latest posts sent to your email.





Source link

Continue Reading

Trending