I want to take a moment to look at one of the most important theories underpinning modern education: Human Capital. The theory originated in the field of labor economics in the late ‘50s and early ‘60s as a way to explain wage differentials among workers.
Most people think of capital as assets, such as buildings or equipment, that a company invests in because it will pay off in higher earnings. Human capital is simply the same idea applied to people--in this case your children--to make them more “valuable.”
All parents want the best for their child. In terms of human capital, investing in an excellent K-8 education means you are giving them access to an academic program designed to provide a strong foundation and improve their chances of success, both now and in the future.
More extensive and high quality education has been shown to pay off huge dividends in terms of better job prospects. But it’s not all (or even much) about money – those having received a higher quality education are generally happier and more satisfied with their lives.* A James River education not only helps your child with the “3 R’s” but also with their ability to think (and learn) for themselves, as well as their attitudes toward work. A James River education allows your child to reach their full potential.
By providing your child with the challenging and character-based learning experiences found at James River, your investment will yield lifelong returns. The true value of a James River education is found in our students: their ability to take on new challenges confidently and to continue learning happily always.
*Oreopoulos, Philip, and Kjell G Salvanes. “Priceless: The Nonpecuniary Benefits of Schooling.” Journal of Economic Perspectives, vol. 25, no. 1, 2011, pp. 159–184., https://doi.org/10.1257/jep.