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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 ...
Access to higher education has characterized by some as a rite of passage and the key to the American Dream. Higher education presents a wide range of issues for government officials, educational staff, and students. Financial difficulties in continuing and expanding access as well as affirmative action programs have been the subject of growing ...
There is concern that the possible higher education bubble in the United States could have negative repercussions in the broader economy. Although college tuition payments are rising, the supply of college graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment and underemployment while increasing the burden of student loan defaults on ...
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.
This is the case for many groups in South Asia. In an article about education inequality being affected by people groups, the organization Action Education claims that "being born into an ethnic minority group or linguistic minority group can seriously affect a child's chance of being in school and what they learn while there" (Action Education ...
Education funding was cut substantially after Reagan took office, and abolition of the Department of Education was considered. [22] In 1983, the National Commission on Excellence in Education produced the report A Nation at Risk, outlining issues with the American school system, and the publication increased demand for education reform. [23]
Education reform is the name given to the goal of changing public education. The meaning and education methods have changed through debates over what content or experiences result in an educated individual or an educated society. Historically, the motivations for reform have not reflected the current needs of society.