OECD lists benefits of education investment

The financial benefits to government from investing in education go much further than revenue growth from increased wages and other payments, according to a major new report.

13th September, 2008

The financial benefits to government from investing in education go much further than revenue growth from increased wages and other payments, according to a major new report.

The Education at a Glance 2008 report by the Organisation for Economic Co-operation and Development (OECD) examined the incentives to invest in education and estimated the rate of return from education. It said that in practice, raising levels of education would give rise to ‘‘a complex set of...

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