Educational Attainment

Educational attainment is a term commonly used by statisticians to refer to the highest degree of education an individual has completed as defined by the US Census Bureau Glossary

ACHIEVE EDUCATIONAL OBJECTIVE

 Set goals in achieving your level of education in the short and long term and then visualize yourself achieving the goal of education continuously in a positive and hopeful way. The starting point for achieving your educational goals can be found in the six letters of D-E-S-I-R-E which can be interpreted by letters as follows: D = Determine (Specify) E = Evaluate (Evaluate) S = Set (Set) I = Identify (Identify) R = Repeat (Repeat) E = Each Day D-E-S-I-R-E is a powerful method that you can use to define and achieve your chosen educational goals. Determine and make sure in your mind exactly what you want. Make clear and specific wishes then evaluate and determine exactly what you did to get it. Determine the clear date, when you will achieve it then identify your wishes with a clear plan to start and achieve your goals. Turn your plan into action and do it now.

Impact on Educational Attainment

Because test scores are not necessarily the best measure of learning or of likely economic success, we examine instead the relationships between SFR-induced spending increases and several long-term outcomes: educational attainment, high school completion, adult wages, adult family income, and the incidence of adult poverty. Our data on these outcomes come from the Panel Study of Income Dynamics (PSID), a survey that has tracked a nationally representative sample of families and their offspring since 1968. In particular, we use information on the roughly 15,000 PSID sample members born between 1955 and 1985, who have been followed into adulthood through 2011.

We find that predicted school spending increases are associated with higher levels of educational attainment. Figure 2b illustrates the effects of reform-induced changes in per-pupil spending on years of schooling completed. One can see clear patterns of improvement for exposed cohorts in districts with larger predicted spending increases. Cohorts with more years of exposure to higher predicted spending increases have higher completed years of schooling than cohorts from the same district who were unexposed or had fewer years of exposure. Also, the increases associated with exposure are larger in districts with larger predicted increases in spending (the line for districts with high predicted increases is consistently above that of districts with low predicted increases for the exposed cohorts). The patterns in timing and in intensity strongly indicate that policy-induced increases in school spending were in fact responsible for the observed increases in educational attainment. Taking into account the relationship between predicted and actual spending increases, we find that increasing per-pupil spending by 10 percent in all 12 school-age years increases educational attainment by 0.3 years on average among all children.

Because prior research has shown that children from low-income families may be more sensitive to changes in school quality than children from more-advantaged backgrounds, we also separately examine the effects of spending on low-income and nonpoor children. We define children as being low-income if their family’s annual income fell below two times the federal poverty line at any point during childhood.

For children from low-income families, increasing per-pupil spending by 10 percent in all 12 school-age years increases educational attainment by 0.5 years. In contrast, for nonpoor children, a 10 percent increase in per-pupil spending throughout the school-age years increases educational attainment by less than 0.1 years, and this estimate is not statistically significant.

To put these results in perspective, the education gap between children from low-income and nonpoor families is one full year. Thus, the estimated effect of a 22 percent increase in per-pupil spending throughout all 12 school-age years for low-income children is large enough to eliminate the education gap between children from low-income and nonpoor families. In relation to current spending levels (the average for 2012 was $12,600 per pupil), this would correspond to increasing per-pupil spending permanently by roughly $2,863 per student.

Predicted spending increases are also associated with greater probabilities of high school graduation, with larger effects for low-income students than for their nonpoor peers. Specifically, increasing per-pupil spending by 10 percent in all 12 school-age years increases the probability of high school graduation by 7 percentage points for all students, by roughly 10 percentage points for low-income children, and by 2.5 percentage points for nonpoor children. Figure 3 highlights the difference in effect size for these two childhood family-income groups and illustrates the closing of the high-school-graduation-rate gap between low-income and nonpoor children as a result of reform-induced spending increases.

In short, increases in school spending caused by SFRs lead to substantial improvements in the educational attainment of affected children, with much larger impacts for children from low-income families.