Skill Stagnation

Another chart from the Economic Report of the President illustrates the rapid-growth in school attainment that characterized the USA for the first 70 years of the 20th century, and the slowdown of that trend over the past forty years:


Human capital is really the key to prosperity. Policies that are likely to reduce high school and college dropout rates without lowering standards are very likely to pay off, even if the direct fiscal cost of those policies is high.