ERIC Number: ED505633
Record Type: Non-Journal
Publication Date: 2006-Jan
Reference Count: N/A
Higher Education And Economic Growth: A Conference Report. Chicago Fed Letter. Number 222b
Mattoon, Richard H.
Federal Reserve Bank of Chicago
The future of higher education and its relationship to economic growth were the focus of a one-day conference at the Federal Reserve Bank of Chicago on November 2, 2005. Cosponsored by the bank, the Committee on Institutional Cooperation, and the Midwestern Higher Education Compact, the event brought together over 100 academic, business, and government leaders. In opening remarks, Michael Moskow noted that although the relationship between education, productivity, and economic growth has never been clearer, financial support for higher education has waned while costs have continued to rise. Speakers included Wick Sloane, Michael McPherson, B. Joseph White, Lou Anna Simon, and Richard Saller. Paul Courant, Richard Vedder, and Robert Silberman offered perspectives on the costs of higher education. James Duderstadt spoke on adapting to the knowledge economy. Larry Isaak, Ray Holmberg, Eddie Dunn, Joseph Chapman, and Roger Rierson described the work of the North Dakota Roundtable on Higher. The conference indicated that traditional models of higher education finance and service delivery are under stress. Declining state financial support and changing student demographics require new service delivery models. (Contains 4 notes and 2 tables.) [For condensed report, "Higher education and Economic Growth. Chicago Fed Letter. Number 222a", see ED505632.]
Descriptors: Economic Progress, Higher Education, Financial Support, Conferences (Gatherings), Educational Finance, Delivery Systems, School Business Relationship, Economic Impact, Case Studies, Educational Improvement, Cost Indexes, Performance Factors
Federal Reserve Bank of Chicago. 230 South LaSalle Street Chicago, IL 60604; Tel: 312-322-5322; Web site: http://www.chicagofed.org/
Publication Type: Collected Works - Serial; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: Federal Reserve Bank of Chicago, IL.