Our understandably intense focus on restoring full employment in the current down-cycle economy has led some to relegate education and education reform to the back burner. But we do so at our peril. The fact of the matter is that a redesigned and stronger educational system is essential to a sustainable economic recovery.
Employment for Americans with an associate's degree or some college has increased by 578,000 the past six months to 35.2 million, while payrolls for those with at least a bachelor's are up by just 314,000 to 46.5 million, Labor Department figures show.
Researchers say that the lack of specifics about college loan debt in Tuesday's debate reflect the complexity of the issue: Economic forces over the past 30 years have made bachelor's degrees a prerequisite to entering many areas of the workforce, yet the government is increasingly unable to help fund that added educational requirement. The result: it's handed off more and more of that responsibility to the students themselves.
As he tries to engineer a comeback in this week’s presidential debate, President Obama needs to recognize two things. First, when it comes to politics, Mitt Romney treats himself as a product, not a person. Second, Republicans cannot defend their proposals in terms that are acceptable to a majority of voters.
Each additional level of education from high school and beyond brings with it greater economic security. Over the course of an individual's lifetime, a college degree is arguably one of the best investments a person can make, in terms of higher earnings, better quality jobs, greater benefits such as health insurance -- and lower unemployment.
What a difference a week makes. In the first presidential debate, President Obama let Mitt Romney’s attacks on him stand, and seemed disengaged. Vice President Joe Biden stayed in Rep. Paul Ryan’s face for the entirety of Thursday’s vice presidential debate.
During an election year dominated by concerns about our economy, policymakers and voters easily draw connections between domestic issues, such as education, Medicare, or tax policies, and the health of our economy. But so far public discourse hasn’t connected the dots between immigration policies and the economy.