- "What Freakonomics did in raising our collective economic literacy, this book does for the economics of schooling." -Kate Walsh, President, National Council on Teacher Quality
Tag Archives: return to education
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.
Economists measure the economic value of an additional year of education by the “return to schooling.” We ask whether an extra year of school adds 1 percent to your salary or 5 percent or 10 percent or whatever. “Return to … Continue reading
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
You probably suspect that education is even more important to earning a good living than it used to be. If so, you’re right. Gonzalo Castex and Evgenia Dechter have estimated the returns to different levels of education both now and 20 … Continue reading