Learning and training accounts continue to attract attention from policy makers interested in widening participation in adult learning. A wide variety of voucher and credit schemes have now been trialled, from the UK’s Individual Learning Accounts through France’s Compte personnel de formation to Singapore’s SkillsFuture Credit. All have in common the idea of incentivising learners through financial support rather than funding providers (though obviously the two are not mutually exclusive.
Now comes the USA’s turn. Following the Democrats’ success in the mid-term elections, two members of Congress have announced their intention to introduce a Lifelong Learning and Training Account Act. If passed, the law will enable States and public agencies to create systems of employee-owned accounts to help meet the costs of participation in training.
Eligibility is restricted: those who are entitled to an account must be workers aged 25 to 60, with incomes of up to $82,000. The accounts themselves are to be paid for by a combination of employers and workers together with matched federal funding of up to $1,000; and the sum is to be exempt from taxation. It can be only spent on training costs, not including food or accommodation.
There are also restrictions on the type of training that is eligible. The training must meet certain criteria; the intended outcome must include a recognised post-secondary credential , and the provider must belong to a number of specified categories (including community colleges, industry associations, and labour organisations).
This is a potentially interesting development, and I look forward to seeing how it develops. I don’t know enough about US politics to guage its chances of success, but it chimes with at least one Trump goal, which is to boost the employability and skills of US workers. It is not, though, confined to funding work-related training, and it is focused on the lowest-paid, so it could be quite significant in widening participation in types of learning that workers can choose for themselves.
If it comes off, the Act will add to our understanding of credit and voucher systems in adult learning. So watch this space.