Returning to education: The Hamilton Project on human capital and wages

mature students working in a computer laboratory


Human capital is central to raising wages. This framing paper describes trends in human capital investment and educational attainment, and reviews the evidence of wage returns to educational attainment and to early childhood education, K-12 education, postseconday education, and workforce development policies and programs. Finally, this paper synthesizes a decade of Hamilton Project policy proposals on education and human capital around a framework of access, affordability, and quality.