A new Study is demonstrating that the $18.7 billion settlement over the BP oil spill could be a catalyst for the Gulf region, but only if it is invested in educating an updated workforce capable of sustaining economic improvements after the settlement dollars go dry. Currently, only 26% of adults in southeast Louisiana have a bachelor’s degree, 3% lower than the national average. And, the state is 40th in the nation in terms of academic science and engineering research and development. While money invested directly in coastal restoration could be good in the short run, long term improvements in the coastal economy and environment may depend more on long term investments in human resource infrastructure.
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