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Higher Education Trends and Economic Impact Analysis

This review analyzes labor force trends, degree attainment, and college participation by socioeconomic status. It covers data from 1973 to present, projecting education demand to 2018 and examining the importance of postsecondary education for job requirements. The study also delves into employment growth prospects post-stimulus package and the vulnerability of the least educated during economic downturns.

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Higher Education Trends and Economic Impact Analysis

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  1. Louisiana Postsecondary Education Review Commission Paul E. Lingenfelter, President State Higher Education Executive Officers August 10, 2009

  2. Figure 1: 1973 Labor Force Degree Analysis Source: Analysis of March CPS data, 1973 to present, Center on Education and the Workforce forecasts of education demand to 2018. Center on Education and the Workforce

  3. Figure 2: With stimulus package, employment growth set to resume in 2011 Source: Georgetown University Center on Education and the Workforce’s Analysis of Macroeconomic Advisers (MA) Long-term Economic Outlook, March 2009 Center on Education and the Workforce

  4. Figure 3: 2007 Labor Force Degree Analysis Source: Analysis of March CPS data, 1973 to present, Center on Education and the Workforce forecasts of education demand to 2018. Center on Education and the Workforce

  5. Figure 4: The evidence suggests that jobs in the last 4 decades have increasingly required post secondary education Source: Current Population Survey, Various years Center on Education and the Workforce

  6. Figure 5: Least educated are most vulnerable in economic downturns (unemployment rates by education) Source: Bureau of Labor Statistics, Employment Situation, various years Center on Education and the Workforce

  7. Figure 6: College Participation by Socioeconomic Status Source:Access Denied, Department of Education, February 2001.

  8. Figure 7: Degree Attainment by SAT Scores and Socioeconomic Status Source: Anthony Carnevale, Liberal Education, Fall 2008, p. 58.

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