Our workforce depends on it.
By 2020, 62 percent of all jobs will require education beyond high school.1 The latest data shows that 48 percent of Wisconsinites hold a degree or high-quality certificate.2
The challenge is that participation in postsecondary education is faced with troubling trends. Two years ago, a national survey showed that 17 percent of families were not even considering higher education for themselves or their children. Last year, the survey was repeated and found 28 percent not considering postsecondary education.3 This trend must be reversed so that students are not discouraged from attending college.
Our economy depends on it.
According to the Wisconsin Taxpayers Alliance, demographic trends show that “Wisconsin’s biggest long-term economic challenge is a shortage of workers.” By enabling students who would otherwise be unable to afford college, the Wisconsin Grant helps to address the workforce crisis.
The median annual wages of college graduates (ages 25-59) are $62,000 compared to $36,000 for high school graduates.4
Because college graduates generally earn more, have greater financial resources, and are more likely to be employed, they make fewer demands for resources such as unemployment compensation and healthcare. They will contribute 80 percent more in taxes over their lifetimes than those without a college education.5
We depend on it.
We all depend on continued support of the Wisconsin Grant. By investing in the Wisconsin Grant, Wisconsin is investing not only in each individual student’s success, but also in the state’s workforce/economy and the quality of civic and cultural life for everyone who lives here.