Higher education

The success of the American economy is driven by a critical factor: the ingenuity of our workforce. When Americans have the skills and knowledge needed to be competitive in today’s job market, our companies get the talent they need and our communities thrive.

Throughout history, apprenticeships have been critical to the transfer of knowledge from generation to generation. In the United States, however, the apprenticeship model began to decline as the country became more and more industrialized.

Today, that’s changing.

Business Roundtable CEOs are committed to ensuring all students and workers are prepared to work and ready to succeed. As a result, America’s leading companies are increasingly turning to this time-tested model to recruit and train workers in their companies. As technological advancements continue to transform workforce needs, staying competitive in the job market increasingly requires more than a high school diploma.

Whether students pursue college degrees or other technical credentials, postsecondary education is a critical piece of our economic future, particularly within STEM fields. Business Roundtable supports federal legislation—such as the Carl D. Perkins Act, Higher Education Act (HEA) and Workforce Innovation and Opportunity Act—to fund programs that create more postsecondary education opportunities and improve educational outcomes.

Read our principles to ensure HEA reauthorization helps students, employers and America.

The Rise of Apprenticeships

A growing number of employers are offering a new take on a traditional style of employee training: apprenticeships.

In an environment in which U.S. employers are struggling to find workers with the right skills to fill critical job openings, America’s leading companies are increasingly turning to the time-tested model of apprenticeships to recruit and train workers in their companies.

Industry-led and business-supported apprenticeship programs have quickly become proven tools that connect learning directly to the work at hand—while simultaneously helping employers train and advance qualified employees.

Perkins Act Modernization Becomes Law

Business Roundtable Applauds Major Bipartisan Accomplishment

Read the Statement