lucy.ea8 comments on Lant Pritchett on the futility of “smart buys” in developing-world education

[lucy.ea8]

Linch we can also use HDI (Human Development Index) and calculate education ~= money

Here is what I get for children’s education

6 years schooling = 890 PPP USD per year

9 years schooling = 2800 PPP USD per year

12 years schooling = 8500 PPP USD per year