The Great Recession has put state leaders in a bind. Governors and statehouses must simultaneously generate the economic growth that will replenish state coffers and avoid adding to significant budget deficits. Though tax revenues have rebounded some since 2010, for fiscal year 2013, 31 states still reported budget deficits, totaling $55 billion. In the midst of this new normal, state leaders must leverage existing investments to improve their states' economic outlooks, say Andrew P. Kelly and Daniel K. Lautzenheiser of the American Enterprise Institute.States have often looked to their systems of higher education to help drive economic growth. America's research universities are among the best in the world, producing the innovations and skilled graduates that fuel state and regional economies.As urban studies theorist Richard Florida has argued, colleges and universities tend to attract and employ members of the "creative class," helping to catalyze dynamic regional economies like those in California's Silicon Valley, the Seattle metro area and Route 128 in Boston.
Postsecondary institutions also provide the occupational training that allows state economies to retool in light of new demands, particularly in places that are continuing to shift away from manufacturing.Beyond these transitioning economies, demand for postsecondary credentials (and not just four-year degrees, but certificates and associate's degrees) will only grow in the years to come.The Georgetown Center on Education and the Workforce estimates that, by 2018, almost two-thirds of all jobs will require some level of postsecondary education.Much of this growth will be in so-called "middle-skill" jobs, those that typically require short-term occupational training from a two-year college rather than a four-year degree.Higher education is increasingly serving so-called "nontraditional" students -- learners over the age of 25 who are attending part time and juggling multiple commitments such as work and family. One-third of college students are over the age of 25. Nearly 40 percent of undergraduates attend part time, and one-third of part-time students report working more than 35 hours per week. These shifting demographics, combined with the technological advances that allow for distance learning, suggest a need to revisit many of the assumptions underlying the traditional place-based model.Higher education will continue to compete for state funding with priorities such as health care and K-12 education. State leaders must seek out reforms that leverage existing investments more effectively and that put their higher education systems on a stable, sustainable path.
Source: Andrew P. Kelly and Daniel K. Lautzenheiser, "Taking Charge: A State-Level Agenda for Higher Education Reform," American Enterprise Institute, July 8, 2013.Source:http://wwwlibertyfriends.blogspot.com/2013/07/state-level-agenda-for-higher-education.html
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Chalk another victory up for the PC police.Via Washington Times:The U.S. Department of Education announced Thursday that beginning with the 2014-2015 federal student aid form, the Department will — for the first time — collect income “from a dependent student’s legal parents regardless of the parents’ marital status or gender, if those parents live together.”The new FAFSA form will use terms like “Parent 1” and “Parent 2” instead of gender-specific terms like “mother” and “father.”“All students should be able to apply for federal student aid within a system that incorporates their unique family dynamics,” Secretary of Education Arne Duncan said in a statement. “These changes will allow us to more precisely calculate federal student aid eligibility based on what a student’s whole family is able to contribute and ensure taxpayer dollars are better targeted toward those students who have the most need, as well as provide an inclusive form that reflects the diversity of American families.”
