Friday, June 22, 2007

Teach Your Children Well...

Softhearted people always advocate spending more on kids. But according to a new and authoritative synthesis of available evidence, there's a hardheaded case for investing more in young kids over older ones.In the United States, we've spent trillions of dollars over decades on K-12 schooling in the hopes of making young people more productive, or at least less criminally delinquent.


The results have been mixed. About 20 percent of the American workforce is essentially illiterate (compared with 5 to 10 percent in Sweden or Germany), creating a major drag on our international competitiveness. And an astronomical 5.6 million adults in the United States have served time in state or federal prison, with 1.3 million there currently. Their incarceration, along with other costs of crime, costs us around $1.3 trillion a year.



Why doesn't all our spending on education buy better results?



Nobel Prize winner James Heckman of the University of Chicago and Dimitriy Masterov of the University of Michigan argue that by waiting until kindergarten, we throw money at kids when it's too late. Their evidence urges shifting educational spending to younger children.


Read the report: Teach Your Children Well

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