Tag Archives: Ludger Woessmann

Welcome to the Profit of Education website. Continuing the conversation begun in the book Profit of Education, we discuss the latest economic evidence on education reform.

Do academic skills really pay off?

You’d be really surprised if the answer to the question posed in the title were “no,” wouldn’t you? Be assured, the answer is “yes.” Rick Hanushek and co-authors have measured the returns to skills, doing two things different from what’s been … Continue reading

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  1. Chris says:

    “Interestingly, the returns are larger in the United States than in other countries; something I suspect is due to our unequal income distribution.”

    You have the causality backwards. Our unequal income distribution is due to our unequal distributions of talent, education and good work habits.

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Educating kids from families with and without much education

Rick Hanushek, Paul Peterson, and Ludger Woessmann offer the following graph comparing educational outcomes across states while controlling for parental education. (The bright red arrows are my addition.) The circle for each state shows the percentage of 10th graders proficient … Continue reading

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U.S. Students from Educated Families Lag in International Tests

So I lifted the title of this post from the very nice piece over at Education Next. Recommended reading if you have a few minutes. If you have a few more minutes, you might want to go through the longer, … Continue reading

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Returns to skills around the world

We all know in a generic sort of way that more skills lead to more money. Rick Hanushek and coauthors have taken an extended look at new data in a paper titled “Returns to skills around the world” and come … Continue reading

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It’s the money

McKinsey & Company make an interesting computation of how much our mediocre education system costs us. Their estimate (based in part on work by Eric Hanushek and Ludger Woessmann) is that if the U.S. matched the achievement levels of Finland … Continue reading

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High achieving math students

Here’s breaking news on a study of high achieving math students. The bad news: America doesn’t stack up well to the competition. Eric Hanushek, Paul Peterson, and Ludger Woessmann released a new study late yesterday that does something a little unusual. … Continue reading

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  1. SJL says:

    I agree with MS about the meaning of “heterogeneous”. In this context, the performance of countries with a very high proportion of foreign-born, such as Australia (26%) and Canada (about 20%) is interesting.

    Back to your key point–we know that the typical elementary teacher in the United States is unqualified to teach math.

  2. MS says:

    Come on, you know what “heterogenous” is code for.

    And this report is extremely upfront in saying that racial or socioeconomic diversity doesn’t explain this problem away. Even restricting the sample to white kids with at least one college educated parent, we still don’t stack up well relative to other countries.

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