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In the 1980s, US corporations began reducing training and other benefits for employees. The prevalence of employee education benefits programs was further reduced during the Great Recession, from 61 percent of companies surveyed in 2008 to 51 percent in 2018. [10] In 2021, a refound popularity among large employers has been met with skepticism.
Public education is widely regarded as a long-term investment that benefits society as a whole, with primary education showing particularly high rates of return. [78] Additionally, besides bolstering economic prosperity, education contributes to technological and scientific advancements, reduces unemployment, and promotes social equity. [79]
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 January 2025. Education in the United States of America National education budget (2023-24) Budget $222.1 billion (0.8% of GDP) Per student More than $11,000 (2005) General details Primary languages English System type Federal, state, local, private Literacy (2017 est.) Total 99% Male 99% Female 99% ...
New York's lavish pay, pension and health care plans pushed for by powerful teachers' unions helped ramp up spending on school districts to a staggering $89 billion.
Location contributes to a child's lack of access and attendance to primary education.In certain areas of the world, it is more difficult for children to get to school. For example, in high-altitude areas of India, poor weather conditions for more than 7 months of the year make school attendance erratic and force children to remain at home (Postiglione).
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 ...
Universal access to education [1] is the ability of all people to have equal opportunity in education, regardless of their social class, race, gender, sexuality, ethnic background or physical and mental disabilities. [2] The term is used both in college admission for the middle and lower classes, and in assistive technology [3] for the disabled.
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