Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
Business Roundtable supports policies that will support a world-class workforce equipped with the knowledge and skills needed to help America lead in global innovation, drive robust economic growth and foster job creation. We are committed to ensuring all students and workers are prepared to work and ready to succeed.
Recent Activities in Education & Workforce
On behalf of Business Roundtable, an association of chief executive officers of leading U.S. companies, I am writing to express our views on the Promoting Real Opportunity, Success and Prosperity through Education Reform (PROSPER) Act, which the Education and the Workforce Committee recently passed to reauthorize and reform the Higher Education Act (HEA).
These principles reflect the input of 12 national organizations from across the business and workforce development communities, including: The Aspen Institute’s Skills for America’s Future; Business Roundtable; CAEL; Center for Law and Social Policy; Committee for Economic Development; HR Policy Association; Jobs for the Future; National Association of System Heads; National Governors Association; National Skills Coalition; New America Foundation; and the U.S. Chamber of Commerce:
The Higher Education Act (HEA) is the primary source of federal funding to support students pursuing a postsecondary education. It was first enacted in 1965, and was most recently reauthorized in 2008, under the Higher Education Opportunity Act (HEOA). Its authorization expired in 2014. HEA currently provides roughly $140 billion in financial assistance to 15 million students annually. It also provides approximately $2.3 billion for multiple institutional aid programs each year.
The undersigned organizations urge the conference committee to reject section 830 of the Senate-passed version of H.R. 2810, the “National Defense Authorization Act for Fiscal Year 2018,” that would effectively reinstate a version of the recently overturned regulations that implemented President Obama’s “Fair Pay and Safe Workplaces” (FPSW) Executive Order.
Business Roundtable welcomed President Trump’s memorandum directing the Department of Education to make computer science and the science, technology, engineering and math (STEM) fields priorities for funding through its federal grant programs.