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Two Student Loan Studies Everyone Missed

Education Next – Jason D. Delisle

“Novel research that focuses on student loans tends to receive considerable attention these days. Yet two recent studies with big implications for the federal student loan program have gone largely unnoticed. Perhaps that is just a coincidence. Or perhaps it is because these studies contradict popular narratives about student debt that imply the loan program ought to be more generous and lenient. Each paper is summarized below, followed by a discussion of what the findings imply for policy reforms.”(more)

Report: STEM Degrees Rise, but Disparities Remain

The U.S. News and World Report – Claire Hansen

“Despite modest gains in degree attainment in science, technology, engineering and math, women and minorities remain grossly underrepresented in the fields, according to a new report out Wednesday. Women are also less likely to enter STEM occupations after earning a STEM degree as are blacks, Hispanics and Native Americans, according to the report, which was prepared by the RAND corporation and commissioned by the American Petroleum Institute, a trade association with over 625 members in the oil and natural gas field. The report analyzes broad STEM degree attainment and employment trends, and pays specific attention those in the the oil and natural gas sector.”(more)

Analysis: By 2022, America Will Need 1 Million More College Grads With STEM Training Than We Are on Track to Produce

The 74 Million – Blair Blackwell and Talia Milgrom-Elcott

“As our economy evolves, we must evolve with it, developing a workforce prepared to meet the demands of a new economy. Now is our chance to build a workforce ready to succeed over a lifetime, not just over the next three to five years. At the heart of the opportunities and risks we face in a new global economy is the increasing value of skills rooted in science, technology, engineering, and mathematics (STEM). Indeed, 10 of the top 14 fastest-growing industries require STEM training. To keep up with the projected growth in demand for STEM jobs, America will need an additional 1 million more college graduates with STEM training by 2022 than we’re on track to produce.”(more)

OPINION: Research confirms an urgent need to improve how students are supported when choosing college majors

The Hechinger Report – William Hansen and Johnny C. Taylor Jr.

“Earlier this year, a first-generation college student told a disturbing story in The Hechinger Report. She was her sixth year at a four-year college, having changed her major twice and taken time off because she lacked a clear roadmap of what she wanted and how to get there. This, sadly, is not an unfamiliar tale. Choosing a college major is one of the most important decisions students make. It influences everything from employment and earning potential to overall health and happiness. It fuels the lifeblood of our economy – a diverse talent pipeline with the skills and knowledge employers need from a 21st century workforce.”(more)

The Asian century is gaining momentum: universities must prepare

The Guardian – Matt Durnin

“Amidst the handwringing over the effect of Brexit on the UK’s universities, we need to contemplate our place in a future global economy driven by technology and innovation. From where will the most important discoveries of the coming decades emerge? Which countries and cities will give birth to the technologies, cures and ideas that will shape our future? China spends five times that of the UK on R&D each year. For universities hoping to build or maintain their position as global leaders in innovation and enterprise, China is hard to overlook as an option.”(more)

Apple Co-Founder Steve Wozniak Forms ‘Woz U’ to Reprogram Tech Education, Address Skills Gap

Business Wire – Staff Writer

“The man who revolutionized personal computing now wants to help revamp higher education for the tech industry. Apple co-founder Steve “Woz” Wozniak today announced the formation of Woz U, a world-class digital institute to help fill the employment gap for high-paying technology jobs across the U.S. Woz U is designed to get people into the workforce quickly and affordably, creating long-term financial stability for a new generation of tech workers while providing prepared hires and training solutions for businesses.”(more)