Document Type

Working Paper

Publication Date

2016

College/Unit

Chambers College of Business and Economics

Document Number

16-05

Department/Program/Center

Economics

Abstract

There is a strong consensus among economists that formal education is an important determinant of individual earnings as well as economic growth. The importance of formal education has been magnified by recent economic trends underlying U.S. labor market demand for skilled workers. The following is an analysis of the importance of education to both the individuals acquiring education and of the benefits received by society resulting from increased educational attainment.

Included in

Economics Commons

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