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Community colleges are subsidized through direct state and local government appropriations and through student grant programs. Every student who drops out represents an investment loss by the taxpayers in that student's uncompleted education.
AEI education expert Mark Schneider and Lu Michelle Yin explore the harmful consequences of low community college graduation rates and propose policy solutions in the latest edition of Education Outlook.
An ever-increasing number of individuals are turning to community college for their higher education. Online delivery of classes and competency-based models of higher learning should be employed and innovations from for-profit schools should be borrowed to increase the number of Americans completing their associate’s degrees.
We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.