Investing in higher (tertiary) education is one of the more significant decisions a person can make. In some countries, such as Australia, Canada, Japan, Korea, and the United States, the direct costs of higher education can be large, often requiring a significant investment of an individual's personal funds, either in up-front payments or loan…

How pronounced is income inequality around the world--and how can education help reduce it? This paper reports the following: (1) Across OECD (Organisation for Economic Cooperation and Development) countries, the average income of the richest 10% of the population was about nine times that of the poorest 10% before the onset of the global economic…