Costly inertia

June 18, 2009 | 1 Comment

dunceThanks to Sandra for this USA Today article, and the McKinsey report of the economic impact of the achievement gap in America’s schools.

The most amazing statistic?

McKinsey & Co., recently ran the numbers, and found that if U.S. children did as well as students from nations such as Finland, our economy would be 9%-16% larger. This means our schools are costing us $1.3 trillion to $2.3 trillion every year. Just for comparison’s sake, as of late May, economists thought the recession would shave 3.7% from our economy.

America is still the greatest country on earth, but our education system is very badly broken. How bad do things have to get before wholesale changes are made to improve education?

We’re not lacking for ideas.

We are lacking in execution of these ideas and it’s costing us dearly.

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  • Hoitomt

    Hey Buddy,

    Check out this article from the Washington Post re: Naperville, IL. They have a really stringent Phy Ed program which has been cited as one of the primary causes of their performance in the Third International Mathematics and Science Study-Repeat (1999 TIMSS-R). Naperville entered as its own "country" and finished first in Science and 6th in Mathematics while competing against the world powers in these types of competitions (east Asia).

    Interesting connection between physical fitness and performance in the classroom.

    http://www.washingtonpost.com/wp-dyn/content/arti…