Human capital theory suggests that lifetime income and socioeconomic status is a function of investments in human capital (Becker, 1962 & 1994; Becker & Tomes, 1986; Tomes, 1981). More recent developments show that human capital accumulation depends on mental health (Fletcher, 2008), in addition to ability, and access to resources to…

Scholars have shown that low socioeconomic status (SES) students are less likely to study science, technology, engineering, and mathematics (STEM) subjects and to attend prestigious universities. However, they have overlooked the intersection between subject choice (STEM or non-STEM) and institutional prestige. Analyzing data from the Longitudinal…

In Saudi Arabia, the national education policy emphasises developing well-rounded human beings. This broader role of education echoes the United Nations' Sustainable Development Goals, which urge greater efforts to empower students to create a better world. This paper aims to investigate to what extent the rhetoric of Saudi education policy has…

This study aimed to evaluate the long-term dynamic effects of expenditures on higher education in OECD countries and the higher education enrollment rate on human capital and per capita income. The study was designed to achieve realistic results by evaluating both higher education expenditures and enrollment rates. It was determined that in…

Singapore is known as a high-performing country with high-quality teachers and is considered a model system for educational benchmarking. Still, many accolades for the system address teachers' productivity in raising student achievement, which could reinforce a partial understanding of teacher quality in the system. Aiming at developing a more…

Extending recent analyses using PISA data, the current study utilises the OECD's Survey of Adult Skills (PIAAC) to test the central claims of knowledge capital theory. PIAAC has a distinct advantage over PISA in that it more directly tests levels of purported 'knowledge capital' across an entire national workforce, rather than offering…

Canonical human capital theories posit that education, by enhancing worker skills, reduces the likelihood that a worker will be laid-off during times of economic change. Yet, this has not been demonstrated causally. We link administrative education records from 1987 through 2002 to nationally representative surveys conducted before and after…

Statement of Purpose and Method of Study: The purpose of this study is to describe the perspectives, processes, and experiences identified during the implementation of the SIG Transformation Model in a rural school district in Mississippi. The Transformation Model is one of the four approved prescriptive models identified by the federal government…

Learning and skills have important economic, social and individual benefits. Yet for decades the United Kingdom (UK) has lagged behind comparator countries, particularly for intermediate skills. This is first report of Learning & Work's Ambition Skills programme which looks at where the UK is on track to be by 2035 and explores the changing…

Since the COVID-19 pandemic, the South Korean government has initiated education reform in the national curriculum and teacher education. Teacher professionalism is considered crucial to the reform components of developing competencies and agency of students by policy elites at the Ministry of Education. Hence, this study uses the frame analysis…

Human capital development is crucial for economic growth. Policymakers must understand the factors influencing human capital accumulation since they may vary by setting and sector. For example, micro-enterprise employees enhance their skills through on-the-job training or vocational programs. In educational institutions, family and school…

The development of intellectual capital at the macro- and mesoscale is the main tool for the transition of the economy to a progressive sixth technological mode, and at the level of an individual organization it ensures its stable position and high competitiveness in the market. However, training and educating its applications are of a great…

In the last 40 years, a series of models and frameworks associated with competency, capability and identity have been advanced in the published literature. These models and frameworks have arisen at a time of fundamental shifts in both the type and nature of work in developed countries, for example shifts associated with changes to labour markets…

This article explores how consumerism is impacting education, with a special focus on the 'student as consumer' model. I begin by exploring the distinctive features of consumerism and school commercialism. The tension between consumer and citizen leads into a discussion of the distinction between education as/for a public good versus as/for…

This paper quantifies the economic benefits of educational improvement covered by the educational goals of the European Union, providing disaggregated projections for each of the EU countries and comparative economic results for alternative policy goals. Increased student achievement by 25 PISA points across the EU would be expected to add €71…