Education: Diminishing returns to school | The Economist: ". At the same time, education used to be a lot easier. It's much simpler to teach the median kid to read, write, and do algebra than it is to teach the median kid graduate engineering. And it's much easier to teach the median kid to read, write, and do algebra than it is to teach the underperforming student from a household in the lowest income decile the same thing."
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