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30-04-2024
Social Studies

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Chapter 31 begins with the Higher Education Act that President Johnson signed into law in 1965. The summary titled, "Bring it Home" refers to the Act as an investment in human capital. According to LBJ's Presidential Library, " The act, which is the major law that governs federal student aid, was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in higher education." In 2023/24, President Biden announced he would use the Higher Education Act to relieve $9 billion in student loan debt in 2023 and other proposed amounts ($5 bio.) in 2024.

As far as economic indicators can/does predict, is education a benchmark indicator of the nation's economic wealth?

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