Report Roundup

Schooling Pays Off, OECD Says

International Comparisons: "Education at a Glance"

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

As nations around the globe, including the United States, attempt to crawl out of a deep recession, evidence suggests they would be wise to invest in education because of the strong economic payoff it brings across their societies and to individual workers, a new reportRequires Adobe Acrobat Reader says.

The Organization for Economic Cooperation and Development reaches that conclusion in its newest “Education at a Glance” report, which compares educational and economic data across nations.

Encouraging students to stick with K-12 education and pursue higher education makes sense, the authors say, because unemployment is likely to remain high for some time and seeking additional in-school training brings strong financial benefits when compared to looking for a job that may not be there. According to the OECD’s data, a male worker who obtains a college education earns $186,000 more on average in gross earnings and benefits over a lifetime than a worker who does not in the industrialized nations studied.

In the United States, for American males who obtain a college education, the difference in the lifetime payoff is $367,000, according to the OECD, the highest gross-earnings payoff among the nations studied. It’s $229,000 for females.

While governments pour significant public funding into college education, private investment exceeds public spending in most of the nations studied, the Paris-based organization says. American students are asked to pay a greater amount—about $90,000, in direct costs and in indirect costs, such as lost earnings—than students in any other country evaluated. Tuition fees in the United States are also the highest of any country.

The data reveal that the value of higher education is significantly larger than the total public economic costs, Andreas Schleicher, the head of indicators and analysis for OECD's education division, explained in an e-mail. Public investment in higher education bears high returns, he wrote, particularly in countries where high private costs may be the bottleneck for expanding higher education participation.

Vol. 29, Issue 03, Page 5

Published in Print: September 16, 2009, as Schooling Pays Off, OECD Says
Related Stories
Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories





Sponsor Insights

Vocabulary Development for Striving Readers

Free Ebook: How to Implement a Coding Program in Schools

Successful Intervention Builds Student Success

Effective Ways to Support Students with Dyslexia

Stop cobbling together your EdTech

Integrate Science and ELA with Informational Text

Can self-efficacy impact growth for ELLs?

Disruptive Tech Integration for Meaningful Learning

Building Community for Social Good

5 Resources on the Power of Interoperability from Unified Edtech

New campaign for UN World Teachers Day

5 Game-Changers in Today’s Digital Learning Platforms

Hiding in Plain Sight - 7 Common Signs of Dyslexia in the Classroom

The research: Reading Benchmark Assessments

Shifting Mindsets: A Guide for Training Paraeducators to Think Differently About Challenging Behavior

All Students Are Language Learners: The Imagine Learning Language Advantage™

Shifting Mindsets: A Guide for Training Paraeducators to Think Differently About Challenging Behavior

How to Support All Students with Equitable Pathways

2019 K-12 Digital Content Report

3-D Learning & Assessment for K–5 Science

Climate Change, LGBTQ Issues, Politics & Race: Instructional Materials for Teaching Complex Topics

Closing the Science Achievement Gap

Evidence-based Coaching: Key Driver(s) of Scalable Improvement District-Wide

Advancing Literacy with Large Print

Research Sheds New Light on the Reading Brain

Tips for Supporting English Learners Through Personalized Approaches

Response to Intervention Centered on Student Learning

The Nonnegotiable Attributes of Effective Feedback

SEE MORE Insights >