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The Case Against Education: Why the Education System Is a Waste of Time and Money. Princeton University Press. Randall Collins, "Functional and Conflict Theories of Educational Stratification", American Sociological Review, Vol. 36, No. 6. (Dec., 1971), pp. 1002-1019 (for the earliest discussion of how credential inflation operates, see 1015 ...
The first recommendation is that government needs to sharply cut education funding, since public education spending in the United States across all levels tops $1 trillion annually. [13] The second recommendation is to encourage greater vocational education, because students who are unlikely to succeed in college should develop practical skills ...
College Degree Returns by Average 2011 Annual Out-of-Pocket Costs, from B. Caplan's The Case Against Education First-year U.S. college degree returns for select majors, by type of student Study comparing college revenue per student by tuition and state funding in 2008 dollars [121] The view that higher education is a bubble is debated.
This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
One explanation posits that tuition increases simply reflect the increasing costs of producing higher education due to its high dependence upon skilled labor.According to the theory of the Baumol effect, a general economic trend is that productivity in service industries has lagged that in goods-producing industries, and the increase in higher education costs is simply a reflection of this ...
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
The public education system provides the classes needed to obtain a General Education Development (GED) and obtain a job or pursue higher education. [3] The education system can deem higher level courses unnecessary, therefore omitting these courses from public school curriculum. Though earning a diploma, students' education can be limiting ...
Unequal access to education in the United States results in unequal outcomes for students. Disparities in academic access among students in the United States are the result of multiple factors including government policies, school choice, family wealth, parenting style, implicit bias towards students' race or ethnicity, and the resources available to students and their schools.