Fading College Dream Saps U.S. Economy of Productivity Miracle

Fading College Dream Saps U.S. Economy of Productivity Miracle

Enrollment in higher education has steadily declined due to rising education costs and lower work wages resulting in a reduction in productivity as well as a drop in economic growth. The National Center for Education Statistics reported that 60 percent of college students complete a four year degree within six years through 2014. Less educated workers make up a large amount of people recently going into the workforce, which in turn could result in a 0.25 decrease in productivity.

 

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