Webinar - Endangering Prosperity: A Global View of the American School

The Program on Education Policy and Governance at Harvard University
Tuesday, September 17, 2013 - 12:00pm to 1:30pm

A webinar based on a sobering new book on the long-term cost of a stagnant U.S. education system with a presentation by authors Eric Hanushek (Hoover Institution), Paul E. Peterson (Harvard University) and Ludger Woessmann ( University of Munich).

The association between student math performance and subsequent economic grow is very strong. It suggests that if the United States could lift its performance to the level achieved by Canadians, the average U. S. paycheck might increase by 20 percent. In order to achieve this growth the U.S. will have to perform substantially better at the advanced level. Over 13 percent of the students in both Germany and in Canada are high flyers, while only about the 7 percent in the U.S. perform at the advanced level. In Asia, the percentage of advanced students escalates upward--to 16 percent in Japan, 20 percent in Korea, and 30 percent in Singapore.

In Endangering Prosperity, the authors shows just how far American students are falling behind their global counterparts and how the looming failure of our education system imperils our economic future.

Absent a radical change in the way we educate our children, America faces a disconnect between a dynamically changing world economy and a stagnant school system unable to produce the knowledgeable, highly skilled citizens needed to ensure the country's future prosperity. Our lagging schools are costing America hundreds of billions of dollars in GDP each year because they are graduating mediocre students who can't compete globally.

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