The administration of President Donald Trump is pushing elite universities such as Harvard University to invest billions of dollars in vocational training as a condition for recovering federal federal research, a policy that is expected to benefit greatly from American commercial schools. According to the Bloomberg report, the Minister of Commerce, Howard Lottenic, specifically suggested the creation of “Harvard Professional School”, which puts it as a national need.
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The University of Brown has already agreed to a $ 50 million settlement, with allocating money for ten years to train on the workforce in Rod Island. Data from the Indexbox platform indicate an increase in demand for skilled deals, as it is in line with the administration’s focus on reviving local manufacturing. The New England Institute of Technology, which participates with employers such as Generaral Dynamics Electric Boat on welding and termination programs, is among the institutions that are preparing to benefit from this transformation in financing.
While Harvard University indicated openness to a possible investment of $ 500 million in workforce programs to restore access to more than two billion dollars in grants, details of how these investments are managed are clear. The approach contrasts with federal financing discounts; The administration suggested canceling the annual budget of the Ministry of Labor of $ 200 million to teach adults and stopped the job agent program. A strategy to redirect money from elite institutions is presented to vocational training, which a analyst described as “Robin Hood’s approach”, as a corrective measure to better align higher education with market dynamics and economic needs.
Source: Indexbox Market Intelligence
