As a matter of fact, American expenditure on education had been on a consistent rise ever since World War-II. From an average annual investment of around $1,200 per student during World War-II to $12,000 by 2003, the expenditure has gone up by ten folds, yet the resultant change in student’s performances have been virtually stagnant, particularly over the past three decades – invariably indicating that American investments in education have been by far misdirected.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative