An investment in Wisconsin’s future

Our workforce depends on it.

Well-paying jobs with benefits increasingly require higher education. Of the 11.6 million jobs created after the last recession, 11.5 million went to workers with at least some college education.1 A higher attainment rate — the proportion of those aged 25-64 with an education beyond high school — is tied to greater labor force participation and increased earnings. The Lumina Foundation reports that Wisconsin’s attainment rate is just over 51 percent. Wisconsin has set an attainment goal of 60 percent by 2027. Of the 11.6 million jobs created after the last recession, 11.5 million went to workers with at least some college education.

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.

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.3

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.

Sources: [1] Georgetown Center on Education and the Workforce, “America’s Divided Recovery,” 2016 [2] Georgetown University Center on Education and the Workforce, Five Rules of the College and Career Game, 2018 [3] College Board, Education Pays Report, 2013