ERIC Number: ED382862
Record Type: Non-Journal
Publication Date: 1995-Feb-2
Reference Count: N/A
Education's Impact on Economic Competitiveness. Hearing on Examining Education's Impact on Economic Competitiveness before the Subcommittee on Education, Arts and Humanities of the Committee on Labor and Human Resources. United States Senate, One Hundred Fourth Congress, First Session.
Congress of the U.S., Washington, DC. Senate Committee on Labor and Human Resources.
This document contains the text of testimony presented at a congressional hearing examining education's role in economic competitiveness. Senator James M. Jefford's opening statement is followed by testimony given by representatives of the following agencies and organizations: TRW, Inc., Circuit City Stores, Inc., McGraw-Hill, Inc., Drew University, U.S. Bureau of the Census, University of Southern California, Cornell University, and Knowledge Network for All Americans. Also included is a paper titled "Improving Education: How Large Are the Benefits? How Can It Be Done Efficiently?" (Bishop), and a paper titled "Improving National Economic Competitiveness through Educational Investment" (Lloyd). Charts summarizing the following are contained in the testimony: average annual federal taxes by family for 1991; change in median family income by education; education loan debt; employment by major economic sector from 1800 to 1993; the growing gap between individuals based on mastery of the skills required for economic competitiveness; distribution of available capital stocks in the U.S. business economy; components fueling domestic economic growth in the United States from 1929 to 1990; and shifts in federal budget priorities from 1993 to 1995. (MN)
Descriptors: Economic Development, Economic Impact, Education Work Relationship, Federal Aid, Financial Support, Hearings, Outcomes of Education, Policy Formation, Position Papers, Postsecondary Education, Public Policy, Role of Education, Salary Wage Differentials, School Business Relationship, Secondary Education, Taxes, Vocational Education
U.S. Government Printing Office, Superintendent of Documents, Congressional Sales Office, Washington, DC 20402.
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Authoring Institution: Congress of the U.S., Washington, DC. Senate Committee on Labor and Human Resources.