The American Recovery and Reinvestment Act and the American Graduation Initiative emphasize Pell grant funding and focusing on community colleges and sub-baccalaureate degrees. As a result, the administration's postsecondary strategy shifts postsecondary resources to the least advantaged students and the two-year and less selective four-year…

The United States has been underproducing college-going workers since 1980. Supply has failed to keep pace with growing demand, and as a result, income inequality has grown precipitously. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly. If the…

Going directly from high school to college is not possible for everyone. Many who go to college will not do so straight out of high school, and many more need to work to pay for college. Good jobs for people without college degrees certainly still exist, although they are on a steady decline as computers and related technology take over routine…

Economic policy today is often stated in the terms of "demand managers" and "simple supply-siders" who look upon economic policy simply as a matter of stimulus or restraint. It matters little what programs are cut as long as overall spending is reduced to cool inflation. On the other hand, the real supply-side economists…

Technology will not save us from scarce resource problems by creating "virtual schools." Technology is an expensive investment, adding value more than reducing costs. Social capital is the collateral necessary for human capital development. Our education system must consider its academic and cultural roles, not just provide foot soldiers…

While no one can predict the future, today's economic and demographic realities suggest the opportunities and challenges that will face America in the years to come. The U.S. economy has already undergone dramatic changes in the latter part of the twentieth century. The extension of product and labor markets has expanded global competition, and…

This document, one of the results of a 3-year study, provides an overview of training in the United States in terms of who gets trained and how the training itself is organized, structured, and delivered. The findings were developed through a literature review, the work of advisory panels, feedback from 400 experts and practitioners, interviews…

The growing importance of education in overall economic growth and individual opportunity has necessitated that education reformers address the need for the additional and better human capital needed to foster overall growth in the new knowledge-based economy. Education reformers must also work to reduce the growing differences in family incomes…

By the time today's eighth graders reach age 28-29, approximately 66% will have had some kind of postsecondary education or training. There has been a dramatic upward shift in the education and skill requirements for all occupations. Access to higher education has become the threshold for career success. Elite managerial and professional jobs,…