When people get more education, they become more productive and help strengthen the entire U.S. economy. So it is discouraging to see that students from wealthy families are increasingly more likely to graduate from college than are those from poor families. This perpetuates inequality from one generation to the next and limits the economic benefits […]
Peter Orszag
Peter Orszag , an occasional Bloomberg View columnist, is vice chairman of corporate and investment banking at Citigroup Inc. and a former director of the Office of Management and Budget in the Obama administration.
Posted inEducation, Higher Education
More College Grads Equals Faster Economic Growth
As the U.S. population ages, and with the effects of the financial crisis promising to linger for some time, economic growth will be lower than we would like. This is why the federal government needs to do more to help Americans earn college degrees. For much of the 20th century, the U.S. benefited from rapidly […]
