Topic: Postsecondary value

Earning a bachelor’s degree is increasingly important to an individual’s longer-term economic prospects. Communities, at all levels, also benefit when their members earn postsecondary credentials, through improved economic, social, and health outcomes. Yet, despite an increase in college participation over the last two decades, severe inequities in bachelor’s degree attainment remain; inequities that often leave lower-income and BIPOC (Black, Indigenous and people of color) students with debt and no or low-value credentials. With Democrats coalescing around a number of federal…

The liberal arts and sciences has been a prominent feature of the United States higher education system for centuries, yet it has faced waves of public skepticism since the 1930s. Today, the value of a liberal education is constantly disputed, and colleges and universities face increasing pressure to justify their use of its practices on their campuses. To better understand the value and benefits of the liberal arts and sciences, The Andrew W. Mellon Foundation has funded a series of…

In response to the Great Recession in 2008 and 2009, states reduced their expenditures on many public services and goods, including substantial cuts to higher education spending. Despite a strong economic recovery since the Great Recession and significant increases in student enrollment, most states’ spending on higher education has not returned to pre-recession levels. Reductions in state spending and rising costs have led a number of public colleges and universities to increase tuition, making college less affordable for many students…

In his 2000 Romanes Lecture, entitled “At a Slight Angle to the Universe, the University in a Digitized, Commercialized Age,” William Bowen anticipated many of the challenges higher education faces today. His incisive summary of the most important purposes of higher education offers a useful framework for assessing how higher education is fulfilling its uniquely important role supporting a vibrant democratic society. Those responsible for higher education’s well-being, including presidents, administrators, trustees, faculty, and government policy makers, would do well…

The American higher education sector is diverse and creative. In 2014-15, the sector produced over 1 million associate’s degrees, nearly 1.9 million bachelor’s degrees, over 758,000 master’s degrees, and over 178,000 doctoral degrees.[1] The world leader in innovation for decades, the sector continues to produce cutting edge research and contributes mightily to the American economy. Recent estimates concluded that the United States spends a larger percentage of GDP on higher education than any other country.[2] But…