a recently completed study for the Ford Foundation. Since 1992, Dr. Bailey has also been the director of the Institute on Education and the Economy at Teachers College. He has served as a consultant to many public agencies and foundations including the U.S. Department of Labor, the U.S. Department of Education, the Office of Technology Assessment, the Alfred P. Sloan Foundation, the William T. Grant Foundation, and several state and local economic development and educational agencies. Dr. Bailey holds a Ph.D. in labor economics from Massachusetts Institute of Technology.

BARRY P. BOSWORTH is a senior fellow in the Economic Studies Program and is the Robert V. Roosa chair in international economics at the Brookings Institution. His research includes work on the determinants of economic growth in developing countries, saving, and capital formation. He was director of the President’s Council on Wage and Price Stability in 1977-1979; visiting lecturer at the University of California, Berkeley, 1974-1975; and assistant professor, Harvard University, 1969-1971. Some recent publications include The Economy of Puerto Rico: Restoring Growth, with Susan Collins and Miguel A. Soto-Class (2006); Services Productivity in the United States: New Sources of Economic Growth, with Jack Triplett (2004); “The Empirics of Growth: An Update,” Brookings Papers on Economic Activity (2003), with Susan Collins; “Increased Life Expectancy: A Global Perspective,” with Benjamin Keys, in Henry Aaron and William Schwartz (editors), Coping with Methuselah (2003); Aging Societies: The Global Dimension (1998), edited with Gary Burtless; Coming Together? Mexico-U.S. Relations (1997), edited with Susan M. Collins and Nora Lustig; and “Valuing the Renminbi,” Tokyo Club Papers (2004). He holds a Ph.D. from the University of Michigan.

DAVID W. BRENEMAN is university professor and Newton and Rita Meyers professor in economics of education at the University of Virginia. He previously served (2006-2009) as director of the public policy program at the Batten School of Leadership and Public Policy. From 1995 to 2007, he served as dean of the Curry School of Education. He also serves as a member of the Board of Trustees for Sweet Briar College. Dr. Breneman was visiting professor at the Harvard Graduate School of Education from 1990 to 1995, where he taught graduate courses on the economics and financing of higher education, on liberal arts colleges, and on the college presidency. As a visiting fellow at the Brookings Institution, he conducted research for a book, Liberal Arts Colleges: Thriving, Surviving, or Endangered?, published by Brookings in 1994. From 1983 to 1989, Dr. Breneman served as president of Kalamazoo College, a liberal arts college in Michigan. Prior to that, he was a senior fellow at Brookings from 1975 to 1983, specializing in the economics of higher education and public policy toward education. He holds a Ph.D. in economics from the University of California, Berkeley.

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