Economist Podcasts

The Intelligence: F is for falling standards

13 snips
Mar 18, 2024
The podcast dives into America’s paradox of skyrocketing high school graduation rates paired with declining academic knowledge. It explores how equity-driven policies might compromise educational standards. The conversation also shifts to London’s Canary Wharf, now adapting to a work-from-home culture and transforming into a vibrant urban space. Meanwhile, the cinema industry sees a fascinating shift, as luxury experiences attract audiences despite a general decline in moviegoers. Tune in for insights on education, urban evolution, and the film industry's future!
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INSIGHT

Declining Academic Standards

  • American high school graduation rates have risen to 87%, but standardized test scores like SAT/ACT and NAEP are declining.
  • This disconnect suggests schools may be lowering academic standards to inflate graduation rates.
INSIGHT

Inflated Graduation Rates

  • An Economist analysis of 3,000 high schools across six states revealed increased graduation rates alongside decreased test scores.
  • The analysis controlled for key variables, revealing American public high schools inflate graduation rates by ~4% compared to 15 years prior.
INSIGHT

Causes of Lowered Standards

  • The "No Child Left Behind" Act, while well-intentioned, incentivized schools to prioritize graduation rates over academic rigor.
  • Concerns about racial equity have also led to lowered standards, as seen in New Jersey and Oregon's decisions regarding standardized tests.
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