Press Room
The Answer
YES PREP PUBLIC SCHOOLS: TRANSFORMING PUBLIC EDUCATION
YES Prep's growth will have a profound impact on the city--and the country--in the following ways:
Market Share
When YES Prep reaches its enrollment target of 10,000 students, it will serve 10% of the 6th-12th graders currently enrolled in HISD. There will be a YES Prep campus is every underperforming, low-income feeder pattern in HISD. YES Prep believes this will serve as a "tipping point" that creates an additional incentive for traditional public schools to improve their college-ready programs--or risk further deterioration of family/public support and enrollment rates for their schools.
College Graduate Outcomes
Upon reaching its enrollment target, YES Prep will contribute 1,100 more college graduates to the city every year. Collectively, YES Prep will help triple the number of low-income Houstonians who graduate from college each year. YES Prep will be the largest producer of low-income college graduates in the region and will play a direct role in preparing the next generation of Houston's civic and business leaders.
Return on Investment
A high school graduate has the potential to nearly double his or her annual salary by earning a college degree. Over a lifetime, a college graduate can anticipate earning a million dollars more than a non-graduate (Bizjournals 2008).
A high school graduate has the potential to nearly double his or her annual salary by earning a college degree. Over a lifetime, a college graduate can anticipate earning a million dollars more than a non-graduate (Bizjournals 2008).
At YES Prep, over 90% of students are the first in their families to attend and complete college. For every college graduate it produces, YES Prep is radically increasing individual lifetime earnings potential and transforming the long-term economic prosperity of the city.
As a result of YES Prep's model and its focus on community serice, over 75% of YES Prep alumni return to live and work in Houston after earning a college degree. This is good news for Houston. Based on these figures, when YES Prep achieves its growth goals, every graduating class has the potential to annually contribute one billion dollars in lifetime earnings to the Houston economy. This is in addition to the corresponding tax revenue and other benefits that accompany a population of successful college graduates. This is a tremendous return on investment, considering the relatively modest $34 million growth capital need that currently exists in order for YES Prep to implement its Phase II expansion.
YES Prep: A National Model for Public Education
At scale, YES Prep will serve as a model for what is possible within the public education system: affordable and sustainable schools which provide a college-preparatory education for all students. As YES Prep achieves quality growth, its mission becomes even more compelling. When the model is proven at 10,000 students, successful replication of these results by traditional ISDs or other CMOs becomes increasingly convincing and plausible. School visits and personal endorsements by Bill Gates, Michael Dell, and other education reformers highlight the role that YES Prep is playing in the national education reform movement. By staying focused on the education need in Houston, YES Prep believes it can have a far-reaching impact on the movement nationwide without "diluting" its model or over-extending itself geographically.
At scale, YES Prep will serve as a model for what is possible within the public education system: affordable and sustainable schools which provide a college-preparatory education for all students. As YES Prep achieves quality growth, its mission becomes even more compelling. When the model is proven at 10,000 students, successful replication of these results by traditional ISDs or other CMOs becomes increasingly convincing and plausible. School visits and personal endorsements by Bill Gates, Michael Dell, and other education reformers highlight the role that YES Prep is playing in the national education reform movement. By staying focused on the education need in Houston, YES Prep believes it can have a far-reaching impact on the movement nationwide without "diluting" its model or over-extending itself geographically.
Questions?
Contact: Ryan Dolibois, VP for Institutional Advancement
ryan.dolibois@yesprep.org
713.817.5291
