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by Retric
1821 days ago
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Comparing countries by PPP doesn’t account for the cost of education between countries. A collage educated worker in Mexico is much cheaper than a collage educated worker in Luxembourg even accounting for PPP. In fact if you compare countries by Median household income PPP. You find a familiar ordering,
Luxembourg 52,493, Norway 51,489, Sweden 50,514, Australia 46,555, Denmark 44,360, United States 43,585. https://en.wikipedia.org/wiki/Median_income Differences in scope between each country such as what pays for school lunch programs explains much of the difference. |
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If you ask me, I'm going to guess that building large football practice fields with nigh lighting, driving buses on all the hills twice a day, paying 200k to non-teachers, these things all add up.