The New York Times Business Thursday, 9/11.014: The Equation is Simple: More Educaton = Higher Income - The United States once led the world in educating large numbers of its citizens, but that is no longer true. Compared wth most other advanced industrial natons, the U.S. ranks near the bottom in the share of its working-age citizens who surpass the educational attainment of their parents. Russia, Korea, Finland, Belgium, France, Ireland, Poland, Netherlands, Canada, Estonia, Sweden, Japan and Australia. The U.S. is near the bottom of the AVERAGE ratio of 25 to 64 year olds who have finished school, compared with that of their parents. As the demand for pensions and health care from an aging population grew, limited budgets did not have the space to engage in a broad effort to fund higher education for all. The ethnic gap between shrinking populatons of aging whites and growing populations of younger minorities wit school-age children further weakened educations political base.
Posted on: Fri, 12 Sep 2014 13:56:27 +0000
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