"Education at a Glance" is the authoritative source for information on the state of education around the world. It provides data on the structure, finances and performance of education systems across OECD countries and a number of accession and partner countries. More than 100 charts and tables in this publication -- as well as links to…

Government backed income contingent student loans are an increasingly being used to fund higher education. An income contingent repayment plan acts as an incremental marginal tax on labor earnings, which could cause individuals to distort their work effort. This paper uses an administrative dataset from the UK that links student loan borrowers…

A fundamental shift is taking place in the way we think about the future of work and its relationship to education, training and the labour market. Until recently, expanding higher education was widely believed to result in higher earnings, reflecting an insatiable demand for knowledge workers. In the United Kingdom, this race to higher education…

We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…

This paper estimates private and social returns to investment in education in Azerbaijan, using the 2015 Azerbaijan Monitoring Survey for Social Welfare. The private rate of return to education is 6 percent; this is the first estimate of returns to schooling in Azerbaijan since 1995. The returns to schooling are 6 percent for men and 8 percent for…

In every state in the South, the percentage of residents with bachelor's degrees or higher who were born outside the state exceed the percentage born in-state, reflecting their dependence on imported talent over building their own talent-development systems. In Virginia, the Southern state with the highest percentage of residents with a B.A. or…

In a knowledge market, the knowledge, skills and expertise needed for the economic and sociopolitical transformation of a nation and its citizens are transacted at different prices. Inequitable access to this market poses a serious threat to the economic welfare of the country and its citizens. The authors assess the extent of this threat with…

America's education system, from kindergarten through the state university, is designed to produce college graduates. Those who stop short of at least a community-college diploma are widely regarded as failures, or at least victims of a failed system. Yet most Americans fall into this category, and current trends offer little hope for improvement.…

In the first chapter, I analyze the growth patterns of postsecondary education costs in re-cent years. It shows the trends of college revenue, expenditure and other financial items using data drawn from the Delta Data Project between 1987 and 2010. Connections between various categories of revenue/spending and state-level macroeconomic indicators…

Given the importance of a college education to entering and staying in the middle class and the high cost of obtaining a bachelor's degree, "Who Wins? and Who Pays?" are questions being asked today at kitchen tables and in the halls of government throughout the nation. Using publicly available data, the authors look at who wins and who pays…

A policy analysis of Florida's 10-factor Performance-Based Funding system for state universities. The focus of the article is on the system of performance metrics developed by the state Board of Governors and their impact on institutions and their missions. The paper also discusses problems and issues with the metrics, their ongoing evolution, and…

Education is currently one of the key resources that enable countries to flourish and grow economically; as world experience has shown, the importance of this factor will increase steadily. To a large extent, the full-fledged restructuring of the Russian economy depends on the character and effectiveness of transformations in Russia's system of…

In this paper we quantify the extent and magnitude of agglomeration spillovers from a formal institution whose sole mission is the creation and dissemination of knowledge--the research university. We use the fact that universities follow a fixed endowment spending policy based on the market value of their endowments to identify the causal effect…

This report discusses the current state of higher education, with a brief high-level overview of the market and a more detailed discussion and analysis of the financial aid system. It also discusses the important changes President Obama has made to make higher education more accessible and affordable. The key findings are: (1) The economic returns…

The data in this report are drawn from the "University and College Academic Staff Survey" ("UCASS"). Conducted since 1946, "UCASS" presents a national picture of the socio-economic characteristics of full-time university teachers in degree-granting institutions. The information is conducted annually, with a reference…