Dear Friends of CEW,
The enduring mission of higher education is to promote human flourishing. A critical part of flourishing is economic independence. But, times have changed. In the 70s, two out of every three people had only a high school diploma or less and still were able to earn middle class wages. Now, two out of three people need education beyond high school to achieve the same standard of living. The difference is education. So, what constitutes an adequate level of education to guarantee this economic self-sufficiency?
We recently released research that seeks to define a new outcomes-based earnings standard for all postsecondary education programs. After closely examining the value and cost of college programs, we determined a standard that would allow graduates to attain middle class earnings and recoup their education costs. Our proposal: within 10 years following graduation, students must attain earnings greater than $35,000 annually above their cost of education.
But, how can students determine whether their postsecondary pursuits position them for economic self-sufficiency? We have developed a few tools that help them explore earnings by field of study. But now, students can also compare the tuition costs of associate’s degrees and bachelor’s degrees to earnings levels necessary to meet the standard we propose.
As transparency around student outcomes continues to grab the spotlight, it is our mission to continue working with policy makers and education practitioners to improve and develop clearer guidance systems.
We hope you take a moment to explore our new tools and welcome your feedback and thoughts for their improvement.
Best,
Anthony P. Carnevale
Founder and Director
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CEW signs two letters to promote transparency in higher ed
On January 25, CEW signed a letter by the Institute for Higher Education Policy to the National Advisory Committee on Institutional Quality and Integrity about the importance of high-quality data in making informed decisions about higher education.
On March 19, CEW signed a letter by the Student Veterans of America about the provisions of the PROSPER Act that harm veterans and their families.
Dr. Carnevale testifies before the Senate HELP Committee
On January 30, Dr. Carnevale testified before the US Senate Committee on Health, Education, Labor, and Pensions at the “Reauthorizing the Higher Education Act: Accountability and Risk to Taxpayers” hearing. Dr. Carnevale’s testimony focused on the importance of transparency surrounding the ROI of college programs. Read the statement or watch the full testimony.
Dr. Carnevale participates in webinar on retraining manufacturing workers
On February 21, Dr. Carnevale was a guest on the National Press Foundation webinar, “Retraining and Retooling Workers.” The webinar focused on manufacturing jobs and how to retrain workers with the skills needed to compete in today’s workforce. Watch the full webinar.
Credential Engine releases a new report on postsecondary credentials
A new report from Credential Engine, Counting US Secondary and Postsecondary Credentials, details the first-ever estimated count of postsecondary degrees and certificates, registered apprenticeships, certification, licenses, alternative degree programs, and bootcamps. Read the report.
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Achieving the Dream Conference
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On March 12, Dr. Carnevale presented at the American Association of Community Colleges’ (AACC) College Readiness Convening, which explored the links between education, career preparation, and workplace demands.
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February 27, 2018- More women are finishing college than men, yet the gender wage gap persists. Even when education levels, college majors, and occupations are the same, women still earn only 92 cents for every dollar paid to men.
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May 16, 2018- College is less about what institution you attend and more about the returns of individual college programs. Workers with a bachelor’s degree have median earnings nearly double that of workers with no more than a high school diploma.
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April 12, 2018- In this blog post, Dr. Carnevale writes about the 500,000 college-ready students who never get a college credential--not even a certificate. The effects of this talent loss are immense, both for the students and for the US economy.
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May 2, 2018- This report for the Century Foundation Working Group on Community College Financial Resources outlines a novel outcomes-based earnings standard for all postsecondary education programs.
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April 28, 2018- This journal article for the American Journal of Medical Research analyzes educational demands, competencies, earnings, and demographic distribution of the nursing workforce in the US.
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 Ask Brianna: Is four-year college right for you?
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 Smerconish’s guest Anthony P. Carnevale on vocational schools vs. higher education
CNN’s Michael Smerconish sat down with Dr. Carnevale to discuss the debate between vocational schools and college. Watch the interview. |
 Is that all? Women need an extra academic degree to achieve equal pay with men
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 AT&T’s $1 billion gambit: retraining nearly half its workforce for jobs of the future
To stay competitive, AT&T has begun a massive retraining program focused on software and engineering programs for its employees. Read more in this CNBC article. |
 When an honors student wants to skip college and go to trade school
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Tired of your cubicle? Try a trade
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Washington D.C. 20007
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