Analysis by Georgetown University's Center for Education and the Workforce estimates that 54 percent of the jobs to be "created or preserved" by the $787 billion monstrosity will require at least some post secondary education.
Researcher Anthony Carnevale described it as:
"This isn't a bill for people with shovels, it's a bill for people with training and college degrees..."Carnevale also notes:
"There's obviously direct aid in [the stimulus package] to help keep colleges running...the other thing the bill does is ensure a steady supply of customers needing their services."If the Center's analysis is correct, combined with the massive federal expansion into higher education by way of increased financial aid and college campus infrastructure spending, then any light that may have been seen near the end of the tunnel (in terms of making college more affordable and productive) appears to be dissipating. Increased government expenditures on post secondary education will provide a green light for business as usual at U.S. college campuses, which has significantly contributed to the run up in tuition pricing. College officials will continue to reward themselves handsomely for a job not-so-well done, with the average senior executive at all degree-granting institutions making nearly $150k per year, according to 2008-09 data recently released by CUPA-HR.