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Reviews population projections released in December 2012 by the U.S. Census Bureau and by the Arizona Department of Administration’s Office of Employment and Population Statistics. Compares the new projections to previously released projections.
After receiving his Bachelor of Business Administration from the University of Toledo, Tom earned his Master of Business Administration from Arizona State University in 1976. After working in the private sector, he joined ASU in 1980, working for the predecessor of the L. William Seidman Research Institute. Since 2005, he has served as manager of research initiatives in the Office of the University Economist.
The average return on investment in a bachelor's degree remains very high for men and women. However, the college earnings premium varies widely by major field of study.
There is broad agreement that the average return on investment in a four-year college degree remains substantial and that other benefits accrue to graduates and to society. However, public perception of the value of a bachelor's degree is different and has decreased over time.
Artificial intelligence is an institutional design challenge for higher education. The central question is whether universities will organize AI around the forms of human effort that higher education is meant to cultivate.