According to the National Center for Education Statistics (Aud et al., 2013), only 10.6% of students who started at a two-year institution in the 2003-2004 year successfully completed a baccalaureate degree from a four-year institution within six years. Two- and four-year institutions are looking for new strategies to improve transfer student…

As the nation, bogged in recession, focuses on job creation and economic growth for relief, attention has turned to education as the key to building a workforce to fill current and future job needs. However, to the surprise of some, much of the discussion involves community colleges, rather than traditional four-year, degree-granting universities…

Innovations in science and engineering have driven economic growth in the United States over the last five decades. More recently, technology has risen to become a defining driver of productivity in business and industry. In that context, college graduates in science, technology, engineering, and mathematics (STEM) disciplines provide critical…

Human capital is a broad and multifaceted concept encompassing many different types of investment in people. However, the key aspect of human capital has to do with the knowledge and skills embodied in people. Human capital has always been an extremely important determinant of individual and social progress. In the present scenario, it is the…

Recognizing that higher education, including community colleges, four-year colleges, and research universities, cannot help drive economic growth in their states unless students' academic success is linked to the needs of the marketplace, governors and state policymakers are beginning to move beyond their focus on getting more students to get…

Raising Arizona was the challenge of the 20th century. Sustaining Arizona is now the challenge of the 21st. A crucial part of that task is not just understanding today's knowledge economy, but mastering it. Ray and Charles Eames, the creative geniuses behind many iconic 20th century designs, debuted their film "Powers of 10" in 1977. In…

Higher education in India has grown large since the country's independence in 1947. Starting from a small base, the pace of growth was initially rapid. Initially, the pace of growth was rapid. Enrollments grew by 13 to 14 percent per annum during the 1950s and 1960s. Over the past few decades, the growth rate has declined noticeably. Since then it…

Canada weathered the global economic crisis well, mainly reflecting sustained growth in domestic pending, and the economy is continuing to grow despite the persistence of international turbulence, most recently stemming from the euro zone sovereign debt crisis. In Canada's case, several factors are acting in its favour. Federal fiscal plans are…

The single most important factor that will determine the success of North Dakota will be its human capital. The primary developer and source of that capital is the University System. This brochure describes the North Dakota University System's requests in parity and equity funding. It also describes the System's activities that contribute to the…

Despite economic theory postulating that increases in investment in human capital and physical capital leads to increase in economic growth, in the Kenyan case, this has not been true. This paper empirically examines the contribution of human capital and physical capital to economic growth in Kenya. Measures to be undertaken by higher education…

Addresses the important role education has played in raising standards of living and the particular role of the liberal arts in promoting the creative intellectual energy that is an increasingly important part of the economy. (EV)

Discusses three main ways New England's institutions of higher education can help secure the region's strong position in the "new economy": (1) educating a skilled workforce for the twenty-first century; (2) capturing and effectively utilizing research and development funding; and (3) helping provide economic opportunity for all…

Faced with the challenge of responding to shifting tides in the American labor market through the development of innovative and relevant educational programs that directly facilitate regional economic growth, numerous community colleges have identified the implementation of small business development and entrepreneurship education initiatives as…

This booklet contains descriptions of the approach of each state member of the Action Team on Lifelong Learning in meeting the challenge to prepare and upgrade the skills of the work force. Each one-page discussion is followed by the name, address, and telephone number of a contact person in the state. The reported approaches of 10 states…

A study analyzed the contributions of education to U.S. economic growth during the years 1948 to 1973. By allocating the growth of the quality of labor input among the contributions of changes in the composition of the labor force by sex, age, education, employment status, and occupation, researchers were able to separate the contribution of…