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Title: Lifetime Benefits of an Education Have Never Been So High

Citation Type: Miscellaneous

Publication Year: 2015

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Abstract: Education in the United States has experienced three major transformations. The first occurred in primary education. Already by the late 19th century, no less than 80 percent of Americans between the ages of 5 and 13 were enrolled in grades K-8. The second was the so-called high school movement. Between 1910 and 1940, the percentage of Americans between the ages of 14 and 17 who were enrolled in high school rose from below 20 percent to close to 70 percent. Finally, there was higher education. This last movement gained momentum in the 1950s. The percentage of Americans between the ages of 18 and 24 who were enrolled in higher-education institutions rose from less than 20 percent in the 1950s to more than 50 percent nowadays.

Url: https://www.stlouisfed.org/~/media/Publications/Regional Economist/2015/July/education.pdf

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Authors: Vandenbroucke, Guillaume

Publisher: St. Louis Federal Reserve

Data Collections: IPUMS USA

Topics: Education

Countries: United States