The Workforce Investment and Opportunity Act (WIOA) funds programs that connect and assist job seekers with training, support, and education services so that they can find and maintain employment. Services funded by WIOA will be available to job seekers of all ages, including the chronically unemployed, the disabled, displaced workers, and…

This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

Education in general and specific educational projects fit into the construct of the allocation of investment resources that is basic to economic theory. Two techniques of computing returns to education and education projects are benefit-cost ratios and rates of return, which both rely on measuring costs and benefits. While measuring costs is…

If education is a form of investment, how much does it contribute to economic growth compared with other forms of investment? The first approach to answering this question was the correlation approach. But although simple correlation studies show a relationship between education and economic progress, they do not prove cause and effect. The…

Analysis of three common approaches to higher education planning (social demand, manpower planning, and rate-of-return) in European countries suggests that while planners should not rely on one approach, combining approaches superficially can produce contradictory indicators. It also suggests ideological differences are less significant in…

THE PARTICULAR CHARACTERISTICS OF EDUCATION AS AN ECONOMIC GOOD ARE EXAMINED. THE LITERATURE ON THE ECONOMIC VALUE OF EDUCATION, THE DIFFERENT APPROACHES TO EDUCATIONAL PLANNING, AND THE MATHEMATICAL MODELS PROPOSED FOR THIS PURPOSE ARE ANALYZED. THESE APPROACHES ARE SYNTHESIZED TO OBTAIN A COMPREHENSIVE ESTIMATE OF THE DEMAND FOR EDUCATION. THE…

For over a hundred years the federal government has been underfunding its treaty obligations and other commitments to the Navajos. As a result, much of the reservation economy now operates at the level of bare subsistence. Deficiencies in social overhead capital have brought on even more marked deficiencies in industrial and commercial capital.…