A new report from the University of Utah’s Kem C. Gardner Policy Institute highlights the value of higher education in Utah. The report shows that Utah has the third most well-trained and educated workforce in the nation, with 61.5% of adults attaining some form of post-secondary education. Individuals with college degrees in Utah have higher median earnings, lower unemployment rates, and are less likely to be in poverty. The report also highlights the economic benefits of higher education, with the state’s higher education system contributing $12.1 billion to the state’s GDP in 2024.
However, there are concerns about the value of higher education, with some questioning its relevance in today’s society. Lawmakers in Utah are currently considering a bill, HB265, which would require schools to cut inefficient programs and reinvest that money in high-performing programs. The bill has passed in the House and is awaiting a vote in the Senate.
Overall, the report emphasizes the importance of higher education in Utah and the need for strategic investments to ensure that graduates are equipped with the necessary skills for the changing economy.
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