Education and Poverty Revisited

Abstract

Have we overinvested in education? Can more education cure poverty? In a time of financial crisis for schools, these seem like heretical questions for educators to ask. But they must be faced, and Mr. Ribich faces them here, ad ducing research evidence to support hard con clusions. Like Michael Huberman in the pre ceding article, Ribich believes that U.S. educa tion expenditures have reached a point of rapidly diminishing economic returns. He sup ports the idea of thoroughgoing reorganization of the educational process, such as the voucher system would achieve.