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Full-Text Articles in Education

Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik Jan 2015

Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik

Timothy J. Bartik

This paper considers how a state such as Michigan can increase the economic development benefits of higher education. Research evidence suggests that higher education increases local economic development principally by increasing the quality of the local workforce, and secondarily by increasing local innovative ideas. These economic development benefits of higher education can be increased by: 1) competent management of conventional economic development programs that focus on business attraction and retention; 2) policies that focus on increasing local job skills by educating the state's residents, as opposed to attracting in-migrants; 3) policies that address specific "market failures" in how higher ...


Return On Investment In Workforce Development Programs, Kevin Hollenbeck Jan 2015

Return On Investment In Workforce Development Programs, Kevin Hollenbeck

Kevin Hollenbeck

Under more and more fiscal scrutiny because of shrinking state and local budgets, workforce development programs are being asked to estimate their return on investment (ROI). This paper introduces basic concepts of ROI in workforce development programs. It distinguishes ROIs estimated for workforce programs from those that are estimated for financial investments or capital projects. The paper furthermore exposits the basic ingredients of an ROI study—identification of the treatment and time periods of analysis, identification of the net impacts of the program, and identification of net costs. Finally, the paper presents results from the estimation of the ROI for ...


Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin Hollenbeck Jan 2015

Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin Hollenbeck

Kevin Hollenbeck

This paper examines the labor market outcomes of individuals with various types of postsecondary educational experiences. In particular, it examines differences between students who have pursued technical education programs from those who have pursued academic programs and from those individuals who have not pursued any type of postsecondary education. Empirical evidence is presented concerning the relationship between economic outcomes and grades earned and the degree to which the labor market rewards credentials. Wage and earnings models yield different structural parameter estimates when based on the three different populations. The differences are most dramatic for high school background effects and for ...


Refining Workforce Education Supply And Demand Analysis: Final Report, Brad J. Hershbein, Kevin Hollenbeck Jan 2015

Refining Workforce Education Supply And Demand Analysis: Final Report, Brad J. Hershbein, Kevin Hollenbeck

Upjohn Institute Technical Reports

No abstract provided.