Education lapses deflate economy
The McKinsey report examined the economic dimensions of four distinct gaps in education: (1) between the United States and other nations, (2) between black and Latino students and white students, (3) between students of different income levels and (4) between similar students schooled in different states.
In each instance, the gap has come at an enormous cost, in the billions of dollars and even in the trillions of dollars, to the nation's economy and to its human capital. Just a narrowing of the gap in one of these four areas would mean hundreds of billion dollars to the U.S. economy.
So why aren't we paying attention? Is it because we have heard much of it before? Or is it that we are so caught up in the daily grind of this recession? Or are we hesitant because race and ethnicity are prominently figured in confronting this challenge?
http://www.docstoc.com/docs/10324805/The-Economic-Impact-of-the-Achievement-Gap-in-Americas-Schools