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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 6 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% ...
The educational attainment of the U.S. population refers to the highest level of education completed. [2] The educational attainment of the U.S. population is similar to that of many other industrialized countries with the vast majority of the population having completed secondary education and a rising number of college graduates that ...
According to a number of researchers, Wikipedia-based education offers unique learning benefits, including the development of digital literacy, critical thinking, and collaboration skills. [4] [5] Students enhance their writing and research abilities by contributing to Wikipedia, while also learning to evaluate the reliability of online sources.
The benefits of education to an individual can also be analyzed. This is done by first finding the cost of education and the amount of income that would have been earned during years enrolled in school. The difference between the sum of these two quantities and the total increase in income due to education is the net return. [6]
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 ...