Great article from Clint Key on why it’s so difficult to replicate or scale up the success of proven workforce programs like Project QUEST.

It's been another crazy week in what may be the craziest year for borrowers -- here's where things stand with student loan forgiveness under the SAVE plan, other IDR plans, PSLF, and a new plan that could arrive in just weeks. forbes.com/sites/adammins…

This is the way

For different reasons, both the GOP and Dems are increasingly disenchanted by traditional higher education. The winds are shifting toward nondegree skills-based education. Jobs for the Future (JFF) has a plan for that! jff.org/idea/eliminati… cc @jffdave

Such a good bit of reporting from @rmc031 vox.com/politics/37548…

If med school grads are more sensitive to substitution effects rather than income/wealth effects, it’s better & cheaper to intervene on the margins. E.g. Stanford Law School Flywheel Program — an outcomes-based renewable fund — gets you a lot more bang for buck. reuters.com/legal/transact…

At AEI Education post-election event: Preston Cooper: “Workforce development is one bipartisan area that a divided Congress might actually be able to make progress on.”

It’s hard to overstate how much people hate inflation—and the lasting scars this recent surge caused. People across the board, even Democrats, mainly blamed the government (see the figure👇). Check the summary 🧵for "Why do we dislike inflation?" here: x.com/S_Stantcheva/s…

How can you get ahead without a degree? There are 73 “launchpad” jobs where workers tend to earn more over time and have more job security than the median college grad, according to great research by ⁦⁦The Burning Glass Institute⁩ nytimes.com/2024/11/21/bus…

The federal workforce development system is so ignored in DC that when its reauthorization (first time in a decade!) dies, it doesn’t even get an obituary.

Making government more efficient is tough. Tracy Palandjian proposes a common-sense (and bipartisan!) approach: what if government programs paid for outcomes rather than inputs? Taxpayer dollars get higher ROI, and states & private sector get freedom to innovate new approaches.

Large scale job displacements due to AI are likely to occur more slowly than a lot of people talking about AI and work might suspect. Translators were paid more and in more demand a year after GPT-4 than they were the year it launched.

Context: ➡OBBBA will blow a >10% hole in the student loan market. ➡ Students will face financing gaps: some will drop out, forgo education entirely, or rely on risky private loans w/ no low-wage protections. ➡Institutions will need to step up to address student financing gaps.

Through income share agreements (ISA), students pay for their education as a percentage of their post-grad income rather than a flat up-front charge or a conventional loan where they are on the hook for a fixed monthly payment regardless of what they’re earning. I sat down with