Information based on a longitudinal study indicates that white high school and college graduates earn more than white high school dropouts and that black high school graduates earn more than black high school dropouts. However, the base for the two groups is not the same and the prestige jobs available to each is different. Also, the long-run…

Past investments in the U.S. work force--early childhood interventions, formal education, and training--have improved productivity and made important contributions both to the wages of individuals and to the growth of the economy. Excellent, comprehensive prenatal care, good nutrition, medical care, and intensive early childhood education programs…