This legislation will provide backing for the CTE programs that prepare students to take the jobs of today and tomorrow.
Business Roundtable supports policies that will support a world-class workforce equipped with the knowledge and skills needed to help America lead in global innovation, drive robust economic growth and foster job creation. We are committed to ensuring all students and workers are prepared to work and ready to succeed.
Recent Activities in Education & Workforce
Business Roundtable believes passage of your legislation can play a key role toward addressing this mismatch by supporting state and local efforts to build talent pipelines that provide students and workers the skills they need to succeed in today’s workforce.
Currently, federal financial aid does too little to support students who are older, returning to school, or seeking specific skills and credentials for work. These students, who may be employing strategies such as combining work and learning, accelerating their time to degree, and/or attending school part-time and year-round, need this flexibility to more successfully persist and complete their program of study.
Reinstating year-round Pell would provide that flexibility, allowing students to receive Pell throughout the entire academic year. Adopting this policy would more formally recognize that the needs of today’s low- income students are inadequately served by the current Pell Grant program.
As an association of CEOs who represent more than 200 leading U.S. companies with more than 16 million employees, Business Roundtable understands the importance of a skilled, prepared workforce. Its members are also familiar with the skills gap affecting the U.S. economy. According to a recent survey of its members, more than 95 percent of CEOs indicated their companies suffer from skills shortages. The long-term negative impacts of this skills gap on workers, families, businesses, governments and the economy are potentially far-reaching.