This policy paper estimates the short-run economic effects of the Great Start Readiness Program (GSRP), Michigan's state-funded preschool program for 4-year-olds. The paper considers 15year effects on state residents' per capita incomes due to impacts on employment rates and real wages, as well as cost-savings from free preschool and fiscal…

A concern in higher education policy is that students are taking longer to graduate. One possible reason for this observation is an increase in off-campus labor market participation among college students. Financial aid may play a role in the labor/study choice of college students--as college becomes more affordable, students my substitute away…

Higher education has experienced many changes since the 1970s, including an increase in the price of college, an increase in student employment during college, a decrease in college completion rates, and an increase in time to degree. This paper ties these trends together by causally linking changes in financial aid with time to degree and student…

Early childhood programs, if designed correctly, pay big economic dividends down the road because they increase the skills of their participants. And since many of those participants will remain in the same state or local area as adults, the local economy benefits: more persons with better skills attract business, which provides more and better…

"Employment Research" is published quarterly by the W.E. Upjohn Institute for Employment and Research. Issues appear in January, April, July, and October. This issue of "Employment Research" presents an article that summarizes the author's study of the effects of high-quality universal preschool education when it is treated as an economic…

Over the past few decades, the economic prospects for workers possessing relatively few skills have worsened as the demand for skills in the labor market has increased. Even in jobs that might be categorized as low-skilled, workers require a diverse set of skills to succeed. Many of these skills can only be obtained through schooling or job…