Education is highly valued in society. The emphasis on it will intensify as demand for a highly skilled and educated workforce increases. Demographics and the government continue to have the most significant influence on the industry. Federally, compulsory education is mandated, standards for curricula are established and student loan programs are structured. Changes at this level are felt throughout the industry. Public institutions face challenges in attracting and maintaining skilled labor while budgetary constraints affect the expansion of educational services. Success will remain a critical economic component as the domestic workforce competes with global talent for employment.