Increased Community College Funding

Policy or Initiative Description

Policymakers should provide additional funding for community colleges to provide high-quality, in-demand skills training. This funding should be based on 1) characteristics of the student body (with greater funding allocated to schools with greater shares of students from disadvantaged backgrounds); 2) the labor market conditions in the local community, such as the local employment rate; and 3) demonstrated improvements in student retention and completion.

Example

Delaware and Tennessee were among the first states to develop “College Promise” programs, which expanded funding for community colleges.

Source

McKay, Connor, Ethan Pollack, and Alastair Fitzpayne. “Automation and a Changing Economy. Part II: Policies For Shared Prosperity.” The Aspen Institute Future of Work Initiative. April 2019.

Source

Source

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