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One explanation posits that tuition increases simply reflect the increasing costs of producing higher education due to its high dependence upon skilled labor.According to the theory of the Baumol effect, a general economic trend is that productivity in service industries has lagged that in goods-producing industries, and the increase in higher education costs is simply a reflection of this ...
In 2021, student loan debt in the United States amounted to $1.71 trillion owed by 45 million borrowers with an average student loan debt of $37,693, [41] while the median value of an owner-occupied housing unit in the United States in the 2015–2019 American Community Survey 5-year estimates was $217,500 (with the ratio of average student ...
Unequal access to education in the United States results in unequal outcomes for students. Disparities in academic access among students in the United States are the result of multiple factors including government policies, school choice, family wealth, parenting style, implicit bias towards students' race or ethnicity, and the resources available to students and their schools.
HB 1, the state budget, includes a requirement that the Texas Education Agency study post-secondary outcomes of students and how they correlate to student programming in high school, allowing the ...
As districts shore up details for their 2024-25 school year budgets, many across Texas are facing steep funding cliffs. In the Austin district, officials face an $89 million deficit on the ...
Texas has two Biosafety Level 4 (BSL-4) laboratories: one at The University of Texas Medical Branch (UTMB) in Galveston, [51] and the other at the Southwest Foundation for Biomedical Research in San Antonio—the first privately owned BSL-4 lab in the United States. [52] The Texas Medical Center, in Houston, is the world's largest concentration ...
According to the Bureau of Labor Statistics, bachelor’s degree holders earn about 68 percent more weekly than those with only a high school diploma. Recession vs. depression
There is concern that the possible higher education bubble in the United States could have negative repercussions in the broader economy. Although college tuition payments are rising, the supply of college graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment and underemployment while increasing the burden of student loan defaults on ...