ERIC Number: EJ851056
Record Type: Journal
Publication Date: 2009
Reference Count: N/A
Driving American Economic Renewal
Howard, Muriel A.
New England Journal of Higher Education, v24 n1 p28 Sum 2009
Surmounting a national--indeed global--recession in the wake of war is not new to America or its leaders. Born out of one of the nation's darkest moments of the 20th century were bold initiatives to empower those who served their country as well as all who sought to enter the American middle class. The GI Bill of Rights was one such measure, as was the remarkable expansion of publicly financed postsecondary education systems throughout the U.S. The unfolding story of the current recession will again include the need to increase the educational attainment of the nation's citizens as a core theme. The dismantling and restructuring of the domestic automakers is symbolic; the time for America to compete strictly on brawn has faded. America must instead compete on talent nurtured as part of a systematic and public policy-driven mandate to "grow" human capital. As was true after World War II, it is institutions of the knowledge economy--the colleges and universities--that will power a rejuvenated America. In this article, the author calls for bold actions to make the U.S. first in college attainment, including expanding Pell Grants and education tax credits, streamlining the federal student aid process and facilitating college access for undocumented students.
Descriptors: Human Capital, Middle Class, Tax Credits, War, Educational Attainment, Student Financial Aid, Public Policy, Grants, Higher Education
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Publication Type: Journal Articles; Opinion Papers
Education Level: Higher Education
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: G I Bill