According to Student Loan Hero, 44.2 million Americans owe student loans that total over $1.48 trillion in debt. As College Board reported, the average in-state public college cost $25,290 for the 2017-18 academic year.
Yet all this money isn’t leading everyone to good-paying jobs and promising careers.
Too many of our high schools have ceased to teach their students vocational skills that they can use in the real world for a lifetime.USAWorkforce.org knows that boosting our economy depends on our ability to bring back this essential professional training.(h/t Brett Melvin, Executive Director of Bridging America’s Gap and former Senior Advisor to then-U.S. Secretary of Labor Elaine Chao)
Posted by USA Workforce on Friday, March 23, 2018
This ‘college-for-all’ approach to education has left the U.S. economy with a shortage of middle-skilled labor, and that has generated our current skills gap.
A study by Georgetown University’s Center on Education and the Workforce found that half of young adults are failing to successfully launch their careers.
Enacting the USA Workforce Tax Credit Act will help more young people obtain meaningful careers and provide businesses with a much needed influx of talent.
Pictured in video left to right: Brett Melvin, Executive Director, Bridging America’s Gap and former Senior Advisor to then-U.S. Secretary of Labor Elaine Chao; Rep. Lloyd Smucker; Thomas Carroll, Executive Director of the #EdTaxCredit50 Coalition; Corporal Jeffrey J. Cleland, U.S. Marine Corps, Ret., Director of President George W. Bush Institute’s Military Service Institute