Ten years on, policy interest rates have been effectively zero in the United States, the United Kingdom and Europe for quite a long time. They are still zero in Japan. “Quantitative Easing” by one name or another has become more widespread. Central bank balance sheets in these cases are a multiple of their sizes in the mid 2000s.
Currently almost one in three of the enrollees in community colleges and almost one of two part-time enrollees at four-year undergraduate schools are aged thirty or older, statistics that suggest that these individuals have had previous job experience. The increase in these enrollments over the past thirty years attests to the success of these institutions in imparting both general and practical job-related training.