The Georgetown Center on Education and the Workforce has engaged in a highly publicized campaign claiming that the nation will face a very substantial deficit of college graduates by 2018 if the American postsecondary system fails to rapidly expand the number of college degrees it awards each year. Indeed, the employment projections developed by Anthony Carnevale and his colleagues at Georgetown U...
This past September as thousands of college students moved into their dorms, the Boston Globe ran a front-page story about UMass Amherst. The theme of that story was familiar to anyone who has worked in public higher education in Massachusetts: The university community has high aspirations, but those hopes and plans have been consistently thwarted by public apathy and governmental neglect. Quoting...
At no point in recent history has the need for educational institutions to justify their investment value been greater than today. Despite news of a “slow recovery,” budget cuts continue with drastic consequences for schools serving all levels of education. During these economically insecure times, when government-supported industries are competing for scarce public funds, evidence of educatio...
The nation seems to have suddenly awoken to the reality that for-profit academic institutions are a force to be reckoned with. For so long, they have been ignored as inconsequential, second-rate competition, and vilified for their greed and lack of quality. Two events seemed to have changed their image into something far more formidable: the realization that government-sponsored financial aid goes...
The New England states, like the rest of the nation, are finally starting to show signs of a recovery from the Great Recession of 2008, albeit at different paces. Three of the states, however, still have unemployment rates that are about four percentage points above where they were before the recession began in 2007 (Rhode Island, Massachusetts and Connecticut). The smaller increases in unemploym...
Among the little truly predictable—or at least those rare things I’ve been able to successfully predict—I would suggest these three truths.
First is the inevitability of recessions. Whether the result of human folly or business cycles, the economy will contract—probably about once every decade, give or take, and probably in direct proportion to the degree to which we lived beyond our me...
He was bored and restless by age 42. He had vertically integrated a major media business, insofar as he owned his own publishing company, newspaper and book series, and even aspects of the postal system. He was an acclaimed author and civic leader. He decided to retire early to pursue his true passion and curiosity: his interest in science. His inquisitiveness in how things worked wasn’t the...
June 2009 is seen by many as the end of the Great Recession. Strong growth in GDP following massive monetary and fiscal responses to the collapse in housing and financial markets meant that the economy was on the mend. Yet a year later, 1.1 million fewer people are working, and the unemployment rate is stuck at 9.5%. Worse still, more than one million individuals have left the job market since Apr...
Secularism is controversial in today’s political debates, championed by some and vilified by others. So when Trinity College in Hartford, Conn., opened a center for the study of secularism in September 2005, some people worried that it could become a source of friction on campus—yet another battleground in the culture wars that are wreaking havoc in higher education.
The reality has been fa...
The U.S. once had the world’s highest percentage of adults with a college degree, but has now dropped to 10th, according to the OECD. In an attempt to reverse this slide, a number of policymakers and foundations have sought to make increased degree attainment a national priority. President Obama has articulated the goal that America will regain the world’s highest rate of degree attain...