There has been almost no increase in the increment to individual earnings for each year of schooling between K and 12 since 1980. It was roughly 6 percentage points per year in 1980, and it still is. The earnings increment for a B.A. has risen from 30.4 percent in 1980 to 50.4 percent in 2000 to 56.4 percent in 2017. The gain to a four-year graduate degree (a Ph.D., for example, but an M.D., J.D., or perhaps even an M.B.A.) relative to high school was approximately 57 percent in 1980, rising to 127 percent in 2017.
These differences result in large part because ever greater levels of skill — critical thinking, problem-solving, originality, strategizing — are needed in a knowledge-based society.
“The idea of a race between education and technology goes back to the Nobel Laureate Jan Tinbergen, who posited that technological change is continually raising skill requirements while education’s job is to supply those rising skill levels,” Autor wrote in explaining the gains for those with higher levels of income. “If technology ‘gets ahead’ of education, the skill premium will tend to rise.”
But something more homely may also be relevant. Several researchers argue that parenting style contributes to where a child ends up in life.
2017: West High Reading Interventionist Teacher’s Remarks to the School Board on Madison’s Disastrous Reading Results
Madison’s taxpayer supported K-12 school district, despite spending far more than most, has long tolerated disastrous reading results.
My Question to Wisconsin Governor Tony Evers on Teacher Mulligans and our Disastrous Reading Results
“An emphasis on adult employment”
Wisconsin Public Policy Forum Madison School District Report[PDF]
Booked, but can’t read (Madison): functional literacy, National citizenship and the new face of Dred Scott in the age of mass incarceration.