More than half of states have implemented tuition-free college policies aimed at reducing attendance costs and incentivizing enrollment. We review the academic literature on the design features and impacts of these tuition-free policies, and we analyze an initiative Virginia implemented in 2021 called Get a Skill, Get a Job, Get Ahead (G3), which…

Strong, ongoing collaboration between business and higher education offers a solution to a growing skill shortage. But to see changes at scale, partnerships must exist within an ecosystem that fosters regular communication, relays industry needs to the academic community, and demonstrates to educators the larger marketplace for those skills. This…

In 2018, BHEF and the Business Roundtable joined forces to create the Workforce Partnership Initiative (WPI). The initiative invited Business Roundtable CEOs to form multi-company partnerships and connect with leaders of postsecondary institutions to meet regional workforce needs. Dozens of CEOs responded, and the JPMorgan Chase Foundation awarded…

Within the next few years the majority of jobs in the U.S. will require some type of postsecondary credential. However, less than half of adults in this country currently possess a credential beyond high school. Though they may not have a college degree to show for it, most adults have likely gained significant and valuable learning through their…

Calls to increase the number of undergraduate STEM credential recipients have largely failed to differentiate between sub-baccalaureate and four-year credentials at the undergraduate level, which is problematic for workforce development. In this paper, the authors develop a classification system for sub-baccalaureate STEM credentials that is…

Postsecondary education and credentials are key to economic mobility for individuals and economic competitiveness for our nation. Although the economic return to credentials varies significantly by field of study, generally workers with higher levels of education have higher wages, work more hours, and suffer lower rates and shorter durations of…

In their 2004 State of the State speeches, the nation's governors cited many issues competing for their attention and their states' resources, including health care, education, crime, and security (Nodine 2004). Among the most compelling challenges were those related to economic development and the ability of a state's workforce to meet the needs…