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The Benefits of Education (CRS Report for Congress)

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Release Date Dec. 29, 2005
Report Number RL33238
Report Type Report
Authors Linda Levine, Domestic Social Policy Division
Source Agency Congressional Research Service
Summary:

This report provides an overview of the public and private benefits of education.Because it approaches education as an investment, the report does not address theconsumption benefits of schooling. It focuses on those benefits for which empiricalresearch has examined the causal effects of education rather than studies that haveestablished an association (correlation) between schooling and other outcomes. Itshould be noted at the outset that the variable this literature usually employs torepresent learning is formal education as opposed to employer-provided on-the-jobtraining or informal learning in the workplace for example.