in the LA Times.
1) As many as 45 million American jobs may be vulnerable to offshoring, including high-skilled service jobs, as communications technologies improve. The returns to a college education have stalled since 2000.
2) Education is not enough to stem the flow of jobs overseas. The lower cost of labor overseas may ultimately be more important.
3) Bush's support of education has been "anemic." The growth in financial aid spending since he took office is entirely attributable to the fact that more students qualified; average aid per student hasn't budged. The purchasing power of the maximum Pell Grant has declined from 42% of the average public U cost to 33% since 2002.