Almost 9% of the US GDP is spent on education, making this the second largest industry in the country behind health care. Education, of course, comes in various forms such as early childhood education, primary & secondary education, higher education, continued education, and tutoring & test preparation.
The industry is booming with more college applicants than ever, substantial tuition fee hikes and the importance education being continuously emphasized by scholars and politicians. With some Ivy League educations costing more than a home, people are understandably starting to question whether the value of education is really that high.