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Wages climbed for college grads in the 1970s and 80s, says Mishel, but since 2002 wage growth for people with a bachelors has been stagnant. But Lawrence Mishel, a labor market economist with the Economic Policy Institute, sees it much differently: “I think we’re way past that tipping point.”.
For example, a federal program introduced in 2002 helps states make available up to $5,000 a year to help current and former foster students pay for postsecondary education. He graduated from JW Sexton High School, a STEM-focused magnet school, in 2016. Government programs have also freed up some financial support.
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