Measuring the Worldwide Economic Payoff of Higher Ed

September 13, 2011

The huge advantage of the United States in having many highly educated citizens may be shrinking with age and with growth of education systems elsewhere, according to data released today by the Organization for Economic Cooperation and Development. According to the "Education at a Glance" report, one in three university-educated retirees in OECD nations resides in the U.S., but only one in five university graduates entering the workforce does so.

The report found significant links between educational attainment and employment levels, across countries studied. Unemployment rates among university graduates were 4.4 percent on average across OECD countries in 2009. But people who did not complete high school faced unemployment rates of 11.5 percent, up from 8.7 percent the year before.

The full report has extensive data on education attainment and spending on all levels of education.

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