On April 24, 2008, CGS released a major new report, Graduate Education and the Public Good, at a legislative forum at the Library of Congress.
The report illustrates the value of graduate education to the U.S. economy and our quality of life by showcasing alumni of U.S. graduate schools and the significant contributions they have made to the nation and the world.
Full report available from the CGS Online Bookstore
From Chronicle of Higher Education News blog, April 24:
Universities may be labeled “ivory towers,” but many people find a master’s degree or a doctorate an important steppingstone to career advancement in the wider world as well. But how does all of that advanced education translate into the betterment of society at large? And, more important, do legislators, policy makers, and the average citizen know how much graduate education matters?
A new report released today by the Council of Graduate Schools argues that those advanced degrees not only make a tangible difference in people’s lives, but provide American society with a vital knowledge base, economic capital, and social cohesion.
The report, “Graduate Education and the Public Good,” cites knock-on effects from graduate education that extend past technological advances in medicine and other disciplines to include higher average salaries (which yield greater tax revenue) and replenishment of the nation’s teaching corps.
Furthermore, the report observes, “the new global competition for talent places increasing importance on maintaining a world-class graduate higher-education system.” —Richard Byrne



