Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

This paper investigates if higher public spending in education and better teacher qualifications are related to student … investment in public education and higher teacher qualifications can help increase average performance and reduce the impact that … variation in education performance in Colombia, a relatively high percentage when compared to those found by other studies …