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Education And The Economy: Hamilton Project Report Highlights 12 Economic Facts About K-12 (SLIDESHOW)

12 Things You Need To Know About The Economy And Education
WASHINGTON - NOVEMBER 19: A student from the William E. Doar Jr. Public Charter School for the Performing Arts holds up the new presidential one-dollar coin with the image of Abraham Lincoln she was given during an introduction event at President Lincoln's Cottage at the Soldiers' Home November 19, 2010 in Washington, DC. The United States Mint introduced the coin on the 147th anniversary of Lincoln's Gettysburg Address. (Photo by Chip Somodevilla/Getty Images)
WASHINGTON - NOVEMBER 19: A student from the William E. Doar Jr. Public Charter School for the Performing Arts holds up the new presidential one-dollar coin with the image of Abraham Lincoln she was given during an introduction event at President Lincoln's Cottage at the Soldiers' Home November 19, 2010 in Washington, DC. The United States Mint introduced the coin on the 147th anniversary of Lincoln's Gettysburg Address. (Photo by Chip Somodevilla/Getty Images)

A paper for The Hamilton Project analyzes the associations between education and various outcomes, highlighting a dozen economic facts on the state of education in America, with a focus on the K-12 school system.

Not only is educational attainment highly correlated with earning potential, but over the past 40 years, incomes for college graduates have increased by more than one-third, while incomes for those earning only a high school diploma have stagnated, according to the report. Americans who fail to finish high school today earn less than comparable Americans did in 1970.

The report determined that education also influences other significant outcomes, such as whether individuals marry, whether their children grow up in households with two parents and life expectancy.

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Income Inequalitythe hamilton projectEducationCollege Educationachievement gap

Before You Go

1. Having less education can limit your earning potential

A Dozen Economic Facts About K-12 Education

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