PROFS met with staff from the office of Governor Scott Walker last week and spoke to them about the faculty at UW-Madison and the integral role we play. A pdf of the handout used at the meeting can be found here.
Delivering High Quality Education
- An incoming student is, on average, in the top 11% of his or her high school class.
- Over the past 10 years, the average time to degree has fallen from 4.19 years to 4.06 years.
- In surveys, students consistently give UW-Madison professors high marks.
Promoting Innovation and Bringing Funds to the State In Fiscal Year 2012 (7/1/11-6/30/12) alone, the cutting-edge research being done at UW-Madison, through the faculty’s collaboration with WARF (Wisconsin Alumni Research Foundation), produced:
- 372 invention disclosures
- 151 issued U.S. patents
- 204 international issued patents.
There are 1,449 total active issued U.S. patents that originated at UW-Madison.
There are 42 Wisconsin start-up companies currently on the list of companies based on WARF patents. Note: When a company is acquired, it is removed from the list (e.g. TomoTherapy, NimbleGen, LifeGen).
- Federal funding $890 million
- Gifts, grants, segregated funds $505 million
- Other $500 million
- State GPR $476 million
- Tuition $458 million
- Total: $2.8 billion
Individual faculty members secure, on average, nearly $500,000 in research funding annually.
Driving the State’s Economy UW-Madison’s annual economic impact: $12.4 billion
Contributing to the Quality of Life in Wisconsin The Wisconsin Idea, the historic partnership between the university and the state, is alive and well today as faculty work with people throughout the state to enhance our quality of life. UW-Madison continues to promote the Wisconsin Idea online.
Bringing Pride to Wisconsin Wherever Wisconsinites travel in the United States and throughout the world, they meet people who are familiar with UW-Madison and its stellar reputation.
UW-Madison: A Tradition of Producing Successful Graduates Studies consistently show that UW-Madison graduates go on to very successful careers and lead productive lives. Some highlights:
- 374,000 living alumni
- 17 Nobel Prizes
- 26 Pulitzer Prizes
- 1,050 CEOs
- 16,000 executive positions
A recent study of the educational backgrounds of Fortune 500 CEOs showed that UW-Madison ranked fourth behind Harvard, Columbia and Penn. Past studies of S&P 500 companies showed the UW System tied with Harvard in producing the most CEOs.
Low student-loan default rates signal that students find employment and are fiscally responsible; the current default rate for the Federal Stafford Loan program is 0.9% for UW-Madison graduates, compared to 8.8% nationally.
UW-Madison already reports data on the intended plans of graduating seniors to the federal and state governments, and as part of the university’s participation in the Voluntary System of Accountability/College Portrait. The plans for 2010-2011 were:
- 59% Work full-time
- 25% Attend graduate or professional school
- 10% Work part-time
- 2% Volunteer (Peace Corps, Teach for America, etc.)
- 2% Other
- 1% Military
Many UW-Madison graduates go on to earn advanced degrees. UW-Madison students perform well on graduate and professional school entrance exams. UW-Madison average scores compared to national averages:
- Medical College Admission Test 27.9 vs. 25
- GRE Verbal 517 vs. 471
- GRE Quantitative 657 vs. 596
- GRE Writing 4.24 vs. 3.87
- CPA 76% pass rate vs. 52% pass rate (Wisconsin residents only taking national exam)