How Can Innovative Finance Transform Our Postsecondary Education and Training Systems?
November 29, 2023
At a Glance
Postsecondary education plays a pivotal role in helping individuals enhance their careers and adapt to changes in the job market. However, the way that we educate and prepare workers in the United States to enter the labor market is inflexible and disjointed, and it consistently falls short of supporting future workers in financing their education. In this comprehensive report, JFF’s Financing the Future (FTF) team breaks down five innovative finance models that have the potential to transform our postsecondary education and training systems: Outcome-Based Financing, Pay for Success, Lifelong Learning Accounts, Employer Training Incentives, and Employment-Connected Training.
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