Co-authored with Harry Holzer, over at PostEverything. The ideas here links to the concept of reverse hysteresis, the notion that tight job markets, and, in this piece, smart sectoral and earn-while-you-learn policies, can help bring some who’ve left the labor market back in.
We’re apparently more ideologically divided than ever, politics remain horribly gridlocked, there’s deep confusion about where the economy’s headed…so what better time to trot out an ambitious policy agenda?! Obviously, there’s a selection bias in play, but everywhere I turn these days, people are asking me (and, I presume, others like me): what should we… Read more
The wonk brigade, of which I’m a card-carrying member, has extensively weighed in on the President’s executive order (EO) to expand income-based repayments (IBR) for student loans as well as his endorsement of Sen. Warren’s idea to help borrowers refinance outstanding loans at lower interest rates. The consensus is pretty mixed, with many arguing that… Read more
I’m very much looking forward to participating in this forum at the Urban Institute on Monday, where I’ll be on a panel talking about the role of higher education in both the economy and the lives of the people in the economy. From the event website, here’s part of the motivation for the discussion: Despite… Read more
Taking a break from the confusing and unsettling jobs number today, I wanted to briefly highlight a post by my CBPP colleague Chris Mai on the loss of jobs in local education over the last few years. Whenever someone raises this issue, my first thought is “ok, but what’s happening with enrollments?” That is, it’s… Read more