Higher education impact on human capital and economic growth.
Historically, higher education was driven by the individual states with a purpose of creating scholarly gentlemen and had little concern of producing graduates with the skills desired by the labor market.
A shift toward producing skilled workforce came in 1862 with the creation of the Morrill Land Grant Act that set A&M schools in place. Schools such as this created human capital, spurred economic growth, and drew interest into the investment power of Higher education.
Higher Education’s ability to increase economic growth through increasing human capital is the main topic of discussion. Of course we need to discuss stakeholders such as employers, government, and students and how they affect higher educations economic impact and curriculum.
A brief literature review on human capital is probably required and education’s role in human capital.
Sources must be overwhelmingly from peer reviewed scholarly journals. Books can be used along with some reference materials and government websites.