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Work force training can help colleges bridge budget gap: companies get workers with upgraded...

By Keating, Michael
Publication: Expansion Management
Date: Sunday, August 1 2004

DOLLARS ARE GETTING SCARCE FOR HIGHER EDUCATION. State appropriations for higher education fell 2.1 percent to $60.3 billion in fiscal year 2003-04, according to a survey by the Center for the Study of Education Policy at Illinois State University.

Businesses can support higher education in its time of need in one important way.

"Companies need to invest in higher education, and they can do that and upgrade their workers' skills at the same time by spending their training dollars at nearby colleges and universities," said Joyce L. Gioia, one of the authors o

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