John Marsh: Why Education Is Not an Economic Panacea-insights for development?
John Marsh just published an interesting article in the Chronicle of Higher Education on ' Why Education is not an Economic Panacea '. The article is long and a bit confusing to read. It is based on the author's experience in an education project for poor members of the community: The idea was simple. Faculty from the University of Illinois would offer night classes in their areas of expertise [...] for anyone in the community who was between the ages of 18 and 45 and lived at 150 percent of the poverty level of income or lower. [...] Students who completed the nine-month course would receive six hours of college credit, which they could then transfer to other institutions of higher learning. Everything would be free: tuition, books, even child care at a nearby community center. We named it after a similar program in Chicago, the Odyssey Project. In short, the programme was based on the well-known dicussion that education pays, and pays more than ever. If so, it...