Shrinking the Education Gap Would Boost the Economy, Study Says

TIME

Narrowing the education gap between America’s poor and wealthy school children could accelerate the economy and significantly increase government revenues, according to a new study.

An improvement in the educational performance of the average student will result in “stronger, more broadly shared economic growth, which in turn raises national income and increases government revenue, providing the means by which to invest in improving our economic future,” says the Washington Center for Equitable Growth.

The study is based on findings from a 2012 assessment given by the Organization for Economic Cooperation and Development. Data showed the U.S. education system performed poorly when compared against the world’s 34 developed nations, ranking below average in mathematics and just average in reading and science.

The Washington Center took America’s test score of 978, and in their most modest scenario boosted the achievement scores of the country’s bottom 75% testers so that the national score…

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