Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
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
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.
Business Roundtable today welcomed bipartisan Committee passage of a bill to reauthorize career and technical education (CTE) programs that demonstrably improve student outcomes after high school.
Business Roundtable has been actively engaged with lawmakers to ensure CTE programs are updated in a way that works for all stakeholders in the system, from students to the business community.