As employers demand more highly skilled and educated workers, it has become increasingly important for workers to receive education beyond high school in order to support themselves and their families. Adults with postsecondary education earn more than their less-educated counterparts. Given limited federal funding for postsecondary education and job training, individuals often need to leverage a variety of resources to pay for the education and training demanded by the labor market. The challenge of financing higher education is even greater for low- and moderate-income individuals who have limited resources of their own to contribute.
Project: State Assets Policy Project
Greenberg, M., & Patel, N. (2006). Coordinating Individual Development Accounts and the Workforce Investment Act to increase access to postsecondary education and training (CSD Policy Report No. 06-09). St. Louis, MO: Washington University, Center for Social Development.