From Lumina: Fostering Economic Recovery Through Postsecondary Education
No single program or policy will solve America's current job crisis. But if implemented, these ideas could begin to pay for themselves very quickly. As postsecondary graduates enter or re-enter the job market, they'll do so at a higher income level—roughly 25 percent higher, according to 2007 Census figures. And each year, those increased earnings—earnings directly attributable to the investment in high-quality, workplace-relevant education—will add up. They will improve the quality of life for hundreds of thousands of Americans and their families. And that will benefit all of us.
Labels: federal, financial crisis, policy, recession, stimulus, workforce development
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