The traditional approach to formal education ties students to classrooms. Competency-based education programs grant credentials based on what a student knows.
The College Board, who administers the SAT, announced earlier this year they are giving the exam a major overhaul and cite eight specific changes.
The federal Public Service Loan Forgiveness Program (PSLF) is an incentive for these graduates to consider taking jobs in public service areas.
CareerConnect is a $107 million competition to redesign American education. The competition encourages local school districts and post-secondary institutions to develop STEM-focused programs that will graduate students with work-ready skills and knowledge.
More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
The federal government provides billions in grants, loans and work-study opportunities to undergraduate and graduate students each year.
The federal Pell Grant program is the nation’s largest needs-based college grant program.
According to a 2013 College Board report, full-time workers with a bachelor’s degree earn an average of $21,000 more annually than those who have no education beyond high school.
Women make up nearly half the American workforce, yet only 3 percent of engineers, 15 percent of math and computer workers, and 14 percent of scientists are women.
Michigan’s 15 public universities are responsible for more than 120,000 Michigan jobs and $23.9 billion in total economic activity, according to an economic study comissioned by the Presidents Council of the State Universities of Michigan.