Does the increase in college enrollment negatively affect the economy because there are no longer people to fill the minimum wage positions?...
I am trying to write an economics research paper on the benefits of the education of the mentally retarded. In the paper I am saying that this education benefits the economy because the mentally retarded will now be able to take the jobs that other people do not want. I want to include something about why people don't want these jobs. Is it because more people are going to college and they are now qualified for better jobs? Is this going to be an economic problem in the future, and do you think that education for the mentally retarded may be the answer?
I agree that your premise is kind of strange. People with disabilities do not have to work minimum wage jobs however. I also don't see how one thing affects the other. There are programs the mentally disabled have access to that the average minimum wage worker does not.
Great points #2!
Another thing to consider in an economic analysis is that if people with mental retardation receive education to maximize their potential, they will not only be happier but will also be more independent. Therefore, they will contribute to the economy and won't need as many resources to care for them.
I have a problem with your some of your assumptions. First of all, people with mental retardation (people-first language, please) ARE receiving educations. There is a great variation in ability within that population, just as there is in the rest of the people in the world. People with mental retardation do hold jobs. There are many jobs that people with average to above average intelligence hold that do not require college educations. There is not an either/or division between undesirable jobs that should be shunted off to those with low IQs, and good jobs for which one needs a college education. There's a tendency in this country to assume that any worthwhile job requires a college education; a worthwhile job is one that makes you happy when you think about doing it.
If you are writing a paper about benefits of educating those with mental retardation, please make sure you consider basic rights--everyone has the right to a free, appropriate public education in this country. It is referred to as FAPE. That, IDEA (Individuals with Disabilities Education Act)and LRE (least restrictive environment) are things you should make sure you research when writing your paper. Good luck!
The health of any economy depends heavily on the productivity of its people, and education has a very important role to play in improving productivity.
The great improvement in productivity, all over the world have taken place not by getting more out of people earning low wages, but by employing improved technologies that help to increase the wages of people.
Also there is a concept of spending for immediate consumption versus investing in future. Effort and money spent on education reduces the resources available for immediate use, but it develops the resources that are required to increase the total economic activity in future.