Archive for July 8, 2013
In recent education quotes pertaining to country average spending, the U.S. spends more for education than any other developed nation in a study released by the Organization for Economic Cooperation and Development. Analyzing quotes on education spending in the same report for teacher salaries across nations shows that the U.S. is in the top spot there as well.
But, what does that spending get us? Despite the level of spending, the students in the United States frequently score behind other countries. Citing the educational quotes from the Federal Reserve, all consumer debt has declined since 2004, except for student loans, which have tripled. Again, we are outspending and over leveraging, but to what purpose? The graduate unemployment rate for the U.S. is currently at 14 percent.
Calls to improve our educ