Daily updates of news, research and trends by UPCEA
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Saturday, December 31, 2016
Broad financial predictions for 2017 have higher ed implications - Jarrett Carter, Education Dive
WalletHub has released its 10 financial predictions for the upcoming year, with dismal outlooks for gross domestic product growth and household credit card debt, but some optimism on unemployment numbers. The website projects that the nation's GDP will hover at just above 2%, while unemployment will finish at 5% and total credit card debt will top $1 trillion for the first time in history. These predictions have close ties to the success and growth of the higher education industry, and new mandates for colleges to support job training and creation while reducing costs for education access.
http://www.educationdive.com/news/broad-financial-predictions-for-2017-have-higher-ed-implications/432448/