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Cigar
01-28-2015, 01:40 PM
President Obama’s 2016 proposed budget, to be released on Monday, February 2, will include a plan to offer two years of free community college (http://www.whitehouse.gov/photos-and-video/video/2015/01/09/president-obama-announces-free-community-college-plan) to millions of students. Free community college would increase employment, help overcome decades-long wage stagnation, and narrow income inequality in the United States, but only if the President's proposal is enacted by a Congress dominated by small-government conservatives. They are likely to resist both its $60 billion ten-year price tag and the suggestion of further federal government involvement in education. Yet, strong bipartisan approval of the President's last-minute decision (http://www.nytimes.com/2015/01/28/us/politics/obama-will-drop-proposal-to-end-529-college-savings-plans.html?_r=0)to give up on his proposal to tax college savings in "529 accounts" suggests there is an appetite for investing in students pursuing higher education. The math underlying the President’s free community college proposal makes clear that it is an investment worth making --- it is direct action to strengthen and expand America’s middle class and heal troubled labor markets.

The starting place for this community college math equation: workers with more education have lower unemployment rates. According to the Bureau of Labor Statistics, (http://www.bls.gov/emp/ep_table_001.htm) in 2013 workers with a high school diploma had an unemployment rate of 7.5% while workers with associates degrees --- the degrees typically awarded by community colleges --- had an unemployment rate of 5.4%. The difference is almost as great between workers with associates degrees and those who studied in college but did not acquire a degree (“some college”): 5.4% versus 7.0%. College studies pay off some, but they pay off significantly more if you acquire a degree. Workers with bachelor’s degrees had a 4% unemployment rate; so, the higher the degree, the lower the unemployment rate. Since President Obama’s proposal will help more students complete associates degrees and put more students on the road to completing bachelor’s degrees, there is every reason to believe that these students will have better employment outcomes in the labor market.

Unemployment is not the only outcome we should consider. Labor force participation, which measures the percentage of workers employed or actively seeking jobs, is at its lowest level in decades. It has long been true that workers with no high school diploma participate least and workers with bachelor’s degrees or more participate most (see graph here (https://research.stlouisfed.org/fred2/graph/?graph_id=215390&category_id=)). But in-between these two groups, workers with some college or an associates degree participate at a meaningfully higher rate than workers with a high school diploma.
Certainly, this difference in labor force participation could be a product of personal circumstances that make it possible to seek work when others cannot. It also could result from higher levels of motivation to find and keep jobs or community college graduates’ sense they have a greater likelihood of success in their job search. It may even result from the positive response associates degree-holders receive when seeking jobs. But taking the unemployment and labor force participation rate together, it is clear that workers with associates degrees are more likely both to seek and to find jobs than workers with less education and those who do not obtain a college degree.

Wages tell a less encouraging story. Again according to BLS, in 2013 (http://www.bls.gov/emp/ep_chart_001.htm) the median weekly earnings of workers with a high school diploma was $651 while for workers with some college it was $727 and for those with associates degrees it was $777. Thus, the return for those with some college studies obtaining a degree is about 7% while the return to workers with high school diplomas of some college studies is around 12%. By comparison, the pay gap in 2013 between workers with associates degrees and those with bachelor’s degrees was a whopping 43%.

These data, and our lived experience, tell a story of occupational segregation. Higher paying jobs go to those with bachelor’s degrees (or higher degrees) while workers with associates degrees compete with high school graduates and workers with some college for lesser paying jobs. The unemployment data suggest that workers with associates degrees frequently win these competitions, and may advance further up the career ladder to higher earnings, but have difficulty breaking into the higher wage jobs without a bachelor’s degree. Their wage ceiling is lower. The labor market and their employers value these workers, but they do not value them nearly as much they values workers with bachelor’s degrees. Nonetheless, after decades of wage stagnation, real wage increases of any kind would be a relief.

Addressing the challenge of giving community college graduates access to higher paying jobs will require encouraging employers to reexamine whether all of their highest paying jobs truly demand a bachelor’s degree. This will take time and a significant culture change among hiring managers, human resources professionals, small business owners, entrepreneurs and other employers. But in the meantime, more community college degrees for more workers will result in better employment outcomes and somewhat higher wages for those workers. Particularly since this proposal seems to be better targeted to benefiting working-class and middle-class families (http://www.nytimes.com/2015/01/28/us/politics/obama-will-drop-proposal-to-end-529-college-savings-plans.html?_r=0)than the 529 college savings plans that will seemingly survive this Congress, the math adds up for free community college.


The Artical is in LinkedIN: https://www.linkedin.com/pulse/president-obamas-community-college-math-seth-harris?trk=tod-home-art-list-large_0

You'll find the biggest cheerleaders againt higher education are those who where unsucessful or those who never tried. They will fooleshly listen to their Politicians tell them it's not needed, while all the politicians who are telling them that, went to College.

Mister D
01-28-2015, 01:44 PM
you'll find the biggest cheerleaders againt higher education are those who where unsucessful or those who never tried. They will fooleshly listen to their politicians tell them it's not needed, while all the politicians who are telling them that, went to college.

lol

Mac-7
01-28-2015, 01:44 PM
Reports are that obumer will not be able to pay for his community college scheme by robbing the education savings accounts.

So now he has a money problem.

The Sage of Main Street
01-28-2015, 02:03 PM
President Obama’s 2016 proposed budget, to be released on Monday, February 2, will include a plan to offer two years of free community college (http://www.whitehouse.gov/photos-and-video/video/2015/01/09/president-obama-announces-free-community-college-plan) to millions of students. Free community college would increase employment, help overcome decades-long wage stagnation, and narrow income inequality in the United States, but only if the President's proposal is enacted by a Congress dominated by small-government conservatives. They are likely to resist both its $60 billion ten-year price tag and the suggestion of further federal government involvement in education. Yet, strong bipartisan approval of the President's last-minute decision (http://www.nytimes.com/2015/01/28/us/politics/obama-will-drop-proposal-to-end-529-college-savings-plans.html?_r=0)to give up on his proposal to tax college savings in "529 accounts" suggests there is an appetite for investing in students pursuing higher education. The math underlying the President’s free community college proposal makes clear that it is an investment worth making --- it is direct action to strengthen and expand America’s middle class and heal troubled labor markets.

The starting place for this community college math equation: workers with more education have lower unemployment rates. According to the Bureau of Labor Statistics, (http://www.bls.gov/emp/ep_table_001.htm) in 2013 workers with a high school diploma had an unemployment rate of 7.5% while workers with associates degrees --- the degrees typically awarded by community colleges --- had an unemployment rate of 5.4%. The difference is almost as great between workers with associates degrees and those who studied in college but did not acquire a degree (“some college”): 5.4% versus 7.0%. College studies pay off some, but they pay off significantly more if you acquire a degree. Workers with bachelor’s degrees had a 4% unemployment rate; so, the higher the degree, the lower the unemployment rate. Since President Obama’s proposal will help more students complete associates degrees and put more students on the road to completing bachelor’s degrees, there is every reason to believe that these students will have better employment outcomes in the labor market.

Unemployment is not the only outcome we should consider. Labor force participation, which measures the percentage of workers employed or actively seeking jobs, is at its lowest level in decades. It has long been true that workers with no high school diploma participate least and workers with bachelor’s degrees or more participate most (see graph here (https://research.stlouisfed.org/fred2/graph/?graph_id=215390&category_id=)). But in-between these two groups, workers with some college or an associates degree participate at a meaningfully higher rate than workers with a high school diploma.
Certainly, this difference in labor force participation could be a product of personal circumstances that make it possible to seek work when others cannot. It also could result from higher levels of motivation to find and keep jobs or community college graduates’ sense they have a greater likelihood of success in their job search. It may even result from the positive response associates degree-holders receive when seeking jobs. But taking the unemployment and labor force participation rate together, it is clear that workers with associates degrees are more likely both to seek and to find jobs than workers with less education and those who do not obtain a college degree.

Wages tell a less encouraging story. Again according to BLS, in 2013 (http://www.bls.gov/emp/ep_chart_001.htm) the median weekly earnings of workers with a high school diploma was $651 while for workers with some college it was $727 and for those with associates degrees it was $777. Thus, the return for those with some college studies obtaining a degree is about 7% while the return to workers with high school diplomas of some college studies is around 12%. By comparison, the pay gap in 2013 between workers with associates degrees and those with bachelor’s degrees was a whopping 43%.

These data, and our lived experience, tell a story of occupational segregation. Higher paying jobs go to those with bachelor’s degrees (or higher degrees) while workers with associates degrees compete with high school graduates and workers with some college for lesser paying jobs. The unemployment data suggest that workers with associates degrees frequently win these competitions, and may advance further up the career ladder to higher earnings, but have difficulty breaking into the higher wage jobs without a bachelor’s degree. Their wage ceiling is lower. The labor market and their employers value these workers, but they do not value them nearly as much they values workers with bachelor’s degrees. Nonetheless, after decades of wage stagnation, real wage increases of any kind would be a relief.

Addressing the challenge of giving community college graduates access to higher paying jobs will require encouraging employers to reexamine whether all of their highest paying jobs truly demand a bachelor’s degree. This will take time and a significant culture change among hiring managers, human resources professionals, small business owners, entrepreneurs and other employers. But in the meantime, more community college degrees for more workers will result in better employment outcomes and somewhat higher wages for those workers. Particularly since this proposal seems to be better targeted to benefiting working-class and middle-class families (http://www.nytimes.com/2015/01/28/us/politics/obama-will-drop-proposal-to-end-529-college-savings-plans.html?_r=0)than the 529 college savings plans that will seemingly survive this Congress, the math adds up for free community college.


The Artical is in LinkedIN: https://www.linkedin.com/pulse/president-obamas-community-college-math-seth-harris?trk=tod-home-art-list-large_0

You'll find the biggest cheerleaders againt higher education are those who where unsucessful or those who never tried. They will fooleshly listen to their Politicians tell them it's not needed, while all the politicians who are telling them that, went to College. When Derek Jeter was 18, the Yankees gave (didn't loan) him $900,000 to put himself through baseball's equivalent of a college education. Over and above that 900K and Jeter's salary after he made the big leagues, the Yankees profited $200,000,000. Anything talent-haters can say against replacing the class-biased indentured servitude with paid professional training can be decisively rebutted by Blue Chip athletes.

PolWatch
01-28-2015, 02:10 PM
8. You must provide a link when quoting an article and follow fair use guidelines (you are permitted to copy and paste two to three paragraphs).

Archer0915
01-28-2015, 02:53 PM
We need more people willing to work and follow not more welfare educated idiots. Americans who believe the shit are freaking stupid. If you want to get it right improve the schools that are failing. People get out of HS that can not read and do not know their asses from a hole in the ground. How the fuck any idiot can support this stupidity is beyond me. We need better public schools. How the hell...

Fucking retards.

domer76
01-28-2015, 03:04 PM
$60 billion over 10 years? Sounds like a pretty good investment to me. Success begets success and education is the best means to get there.

Archer0915
01-28-2015, 04:28 PM
$60 billion over 10 years? Sounds like a pretty good investment to me. Success begets success and education is the best means to get there.

Tell that to all the unemployed and underemployed college grads out there.

Too fucking good to take a fucking job that they feel is below them and then bitch about the immigrants taking the fucking jobs.

domer76
01-28-2015, 08:32 PM
Tell that to all the unemployed and underemployed college grads out there.

Too fucking good to take a fucking job that they feel is below them and then bitch about the immigrants taking the fucking jobs.

Jesus Christ! When was the last time you had an enema? You need one immediately to loosen up, pal!

Did an unemployed and underemployed college grad fuck your sister or something? You sure seem to have a hard on in this thread for somebody.

The bottom line is that the key, generally, to success, to pull yourself out of the nasty cycle of unemployment and poverty is education. There's no argument there. No, a two year AA degree isn't much. But it's a shitload better than some will ever be able to obtain and could be a start to something better. And something better for their offspring, too.

Archer0915
01-28-2015, 08:57 PM
Jesus Christ! When was the last time you had an enema? You need one immediately to loosen up, pal!

Did an unemployed and underemployed college grad $#@! your sister or something? You sure seem to have a hard on in this thread for somebody.

The bottom line is that the key, generally, to success, to pull yourself out of the nasty cycle of unemployment and poverty is education. There's no argument there. No, a two year AA degree isn't much. But it's a $#@!load better than some will ever be able to obtain and could be a start to something better. And something better for their offspring, too.

Fucking bullshit. The key is to take a damn job and excel at it. I do not need no damn degree to make a living.

domer76
01-28-2015, 09:01 PM
Fucking bullshit. The key is to take a damn job and excel at it. I do not need no damn degree to make a living.

Yeah, that's what the rubes with no education in my home state, Idaho, keep telling their kids. That's why Idaho has about the lowest percentage going on to a higher degree and about the lowest wages in the nation. There's a connection whether you wish to admit it or not.

Are you the best burger maker on the line? I'll bet you are! (No fries for me, but thanks anyway)

Adelaide
01-28-2015, 09:10 PM
Jesus Christ! When was the last time you had an enema? You need one immediately to loosen up, pal!

Did an unemployed and underemployed college grad fuck your sister or something? You sure seem to have a hard on in this thread for somebody.

The bottom line is that the key, generally, to success, to pull yourself out of the nasty cycle of unemployment and poverty is education. There's no argument there. No, a two year AA degree isn't much. But it's a shitload better than some will ever be able to obtain and could be a start to something better. And something better for their offspring, too.

domer76 has been thread banned.

Archer0915
01-28-2015, 09:26 PM
Yeah, that's what the rubes with no education in my home state, Idaho, keep telling their kids. That's why Idaho has about the lowest percentage going on to a higher degree and about the lowest wages in the nation. There's a connection whether you wish to admit it or not.

Are you the best burger maker on the line? I'll bet you are! (No fries for me, but thanks anyway)

I know you are banned from this thread but I am just going to FYI you here. I have skills and education. The skills that do not need college pay more than a degree in my region. Currently I am working as an engineering product consultant. And though I was working on a masters in engineering this job is not about that. It has to do with processes, procedures and documentation.

You must consider the regional demand for employee types. ANd my undergrad was in business and computers.

del
01-28-2015, 10:34 PM
Fucking bullshit. The key is to take a damn job and excel at it. I do not need no damn degree to make a living.

are you an english teacher?

Redrose
01-28-2015, 11:19 PM
Tennessee Promise: Offering free community college to all residents (http://republic3-0.com/tennessee-promise-free-community-college-for-all-students/)

republic3-0.com/tennessee-promise-free-community-college-for-all-students/



Tennessee currently ranks 43rd in the nation in the share of residents who’ve completed college – 32 percent of Tennesseeans hold at least a two-year degree.
The dearth of graduates means a future shortage of educated workers to fill the high-skilled jobs the state is producing. Tennessee officials say that at least 55 percent of the jobs in the state will require a post-secondary credential by 2025.To bridge this gap, Governor Bill Haslam announced in February 2014 the nation’s first-ever effort to provide free community college to all state residents, regardless of merit or need. The new “Tennessee Promise (http://www.driveto55.org/tennessee-promise/)” scholarships are part of the state’s recently-launched “Drive to 55” initiative, which aims to increase the share of Tennesseans who are college graduates to 55 percent. Reaching this goal by 2025 will require 494,000 additional degrees, officials say
The Tennessee Promise scholarships will be funded by $110 million from the state’s lottery reserves, along with a $47 million endowment created by the state General Assembly. Students are expected to receive an average scholarship of $971, in addition to existing aid from the state’s Hope Scholarship (http://www.tn.gov/collegepays/mon_college/hope_scholar.htm) program. Students will also be required to maintain a 2.0 GPA and give 8 hours of community service per semester.



I'm all for affordable education. In my county in Tennessee, Sevier County, Dolly Parton offers 2 years of CC for any student who graduates high school. She is paying back her hometown. The requirements are the same as the state plan, 2.0 GPA.

If Obama put it's funding out to a lottery (in each state) it might work out very well.

Archer0915
01-29-2015, 10:42 AM
are you an english teacher?

Your point? Is it to poke and troll or do you actually have something to say?

The Sage of Main Street
01-29-2015, 12:11 PM
domer76 has been thread banned. See how nasty people are who try to defend the fact that college is class-biased indentured servitude and has no place in a free society that has any hope of widespread prosperity.

From childhood on, Americans are brainwashed about such a talent-insulting institution that only rewards slaves afraid to grow up and rich brats living off an allowance. It is a perfect example of the Big Lie.

Captain Obvious
01-29-2015, 12:29 PM
lol

The irony is orgasmic sometimes.

The Sage of Main Street
01-29-2015, 12:31 PM
We need more people willing to work and follow not more welfare educated idiots. Americans who believe the $#@! are freaking stupid. If you want to get it right improve the schools that are failing. People get out of HS that can not read and do not know their asses from a hole in the ground. How the $#@! any idiot can support this stupidity is beyond me. We need better public schools. How the hell...

$#@!ing retards. Then abolish the prep schools. The only people who have a say on educational policy are sheltered from having to attend public schools.

Hippie leader Abbie Hoffman's prep school charges $30,000 a year tuition, so this also applies to the self-described Left Wing of the Heirhead vulture.

The Sage of Main Street
01-29-2015, 12:39 PM
are you an english teacher? There are no English teachers, only Literature teachers who are too lazy to teach grammar and instead self-indulgently pontificate about New Age unrealistically depressing snob novels that they claim tell the truth about life.