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ERIC Number: EJ974877
Record Type: Journal
Publication Date: 2012
Pages: 5
Abstractor: ERIC
Reference Count: N/A
ISSN: ISSN-1068-1027
The College Economy
Carnevale, Anthony P.
Trusteeship, v20 n3 p16-20 May-Jun 2012
As the United States grinds its way through a halting economic recovery, one thing has become abundantly clear: The recession of 2007 continues to reshape the economy in significant and permanent ways. Perhaps the most profound change is the accelerating disappearance of good-paying jobs that require only a high-school education or less. That means, of course, that an ever-growing share of the jobs that remain will be reserved for workers with some kind of postsecondary education and training. Education has long been a well-traveled route to good jobs, economic advancement, and success. What has changed in recent decades is that the relationship between education and opportunity has become much stronger. Education--especially higher education--is no longer just the preferred path to middle-class status. Today, it has increasingly become the "only" path. The importance of education is clear. While race, gender, and other factors can affect earnings and advancement in a career, education is the primary key for entrance to middle-class opportunity. Without postsecondary credentials, workers find themselves in an ever-shrinking pool where jobs are usurped by information technology and possibilities dwindle with each passing day. (Lists 1 resource.)
Association of Governing Boards of Universities and Colleges. 1133 20th Street NW Suite 300, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site:
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Adult Education; Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: United States