Issue Spotlight: Investing in Education & the Economy
There is a strong link between the educational attainment of a state’s workforce and both productivity and workers’ pay, according to a new study from the Economic Analysis and Research Network (EARN). Expanding access to high-quality education will create more economic opportunity for Pennsylvania residents and do more to strengthen the state’s overall economy than anything else.
Pennsylvania is one of a handful of states that have not begun to replace higher education funds cut during the recession, according to the Center on Budget and Policy Priorities in Washington D.C. The state is providing $2,206 less per student in inflation-adjusted dollars to public colleges than it did in 2008.
Pennsylvania’s economy is not recovering as quickly as most states. Gov. Corbett, attempting to improve growth, made a bet that a billion dollars in new corporate tax cuts would fuel economic recovery, but that bet has been lost.
Governor Tom Corbett presented a $29.4 billion 2014-15 budget proposal today to a joint session of the General Assembly. The charts below offer some broad details on the proposal and proposed higher education funding.
Punxsutawney Phil is predicting more chilly weather ahead, but a winter-weary Gov. Tom Corbett must have spring on his mind. His budget address Tuesday painted a bright and rosy picture of Pennsylvania's future even as we remain in the grip of a long economic winter.
Margaret Mary Vojtko, a 25-year adjunct faculty member at Duquesne University, died recently in poverty at the age of 83. How can we avoid a future in which a majority of higher education faculty earn less than a "quality" wage?