Why education is not enough

Why education is not enough

Is education so important?


Education accounts for 8.7% of the U.S. economy

There are 3.8 million teachers in the US.

New York has the largest private higher  education sector in the nation, with 167,450 jobs in 2009—more than 40 percent larger than  second-ranked California. New York accounts for 14.4 percent of all private higher education  jobs in the nation.

New York State’s unemployment rate is 7.5%  (July 18, 2013)

National education budget (2007): $1.1 trillion (public and private, all levels)

Among the country's adult population, over 85 percent have completed high
school and 27 percent have received a bachelor's degree or higher.

Math and science majors are popular until students realize what they’re getting
 themselves into, according to  a working paper published by the
National Bureau of Economic Research.

Students knew science was hard to  begin with, but for a lot of them it turned
out to be much worse than what  they expected,” said Todd R. Stinebrickner,
 one of the paper’s authors.  “What they didn’t expect is that even if
they work hard, they still won’t do well.”

The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter of 2012.