Number: RL33238 Title: The Benefits of Education Authors: Linda Levine, Domestic Social Policy Division Abstract: This report provides an overview of the public and private benefits of education. Because it approaches education as an investment, the report does not address the consumption benefits of schooling. It focuses on those benefits for which empirical research has examined the causal effects of education rather than studies that have established an association (correlation) between schooling and other outcomes. It should be noted at the outset that the variable this literature usually employs to represent learning is formal education as opposed to employer-provided on-the-job training or informal learning in the workplace for example. Pages: 13 Date: December 29, 2005