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What's the Good of Education?

The Economics of Education in the UK

Stephen Machin, Anna Vignoles

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Princeton University Press img Link Publisher

Geisteswissenschaften, Kunst, Musik / Bildungswesen

Beschreibung

Volumes have been written about the value of more and better education. But is there sufficient evidence to support the commonly held belief that we, as individuals and as a community, should be investing more in education?


This book explores that question in unprecedented detail, drawing on empirical evidence from an impressive array of sources. While much of the focus is on the educational system in the United Kingdom, the book offers lessons of international applicability. A state-of-the-art compendium on education policy and its impact on educational attainment, the book examines numerous large-scale data sources on individual pupils and schools.


The questions the book considers are far-ranging: How much do teachers matter for children's educational attainment? What payoff do people get from acquiring more education when they enter the labor market? How well do education systems function to provide employers with the skills they want?


The book concludes by issuing some strong policy recommendations and offering an evaluation of what does and does not work in improving educational attainment. The recommendations address such issues as school effectiveness, education financing, individual investment in education, government education initiatives, higher education, labor market rewards, and lifelong learning.

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Schlagwörter

Subsidy, Diploma, Education policy, Human capital, Primary education, Educational stage, Class size, School choice, Secondary modern school, Educational inequality, Teacher education, Secondary education, Student loan, Tuition payments, Primary school, Opportunity cost, Profession, Teacher retention, Compulsory education, Curriculum vitae, Educational institution, Effectiveness, Alternative investment, Expected value, Welfare, Education Maintenance Allowance, General Educational Development, Present value, Marginal return, State school, Of Education, Learning environment, Further education, Curriculum, Education, Education Act, Funding, Values education, Test score, Learning and Skills Council, Literacy, Accountability, Qualified Teacher Status, International Standard Classification of Education, Higher education, Higher Education Statistics Agency, Workforce development, Meaningful learning, Economics, Supply (economics), Effective schools, Selective school, Academic achievement, Educational attainment, General Certificate of Secondary Education, Alternative school, Adult education, School, Secondary school, Unemployment, Marginal cost, Income, Educational leadership, Basic skills, Propensity score matching, Educational entrance examination, National curriculum, Postgraduate Certificate in Education, Vocational education, Student benefits