Earlier quoted context omitted.
I'd say that a "year of education" is a lot more quantifiable to your average person than "2 points of IQ". IQ isn't used for anything meaningful in terms of ability or qualifications, especially since it's age-adjusted and historically has been biased against minorities/foreigners. A year of development however, is a graspable (if shocking) measure of lost opportunity/capability.
Yes, but I'm confused about the truthfulness of the statement. Is it true that an additional year of education is equivalent to 2 points of IQ?
That said, modern IQ doesn't use that definition, and all of the material you can easily find on the matter pretends that it does. Instead, IQ is a normalized bell curve, every 15 points is another standard deviation on the bell curve. Given that definition, a year's worth of education is probably guesstimated at roughly one standard deviation of IQ. This comes with the massive caveat that IQ and educational achievement can't be compared in that manner (since one is an absolute scale and the other is definitionally a statistical artifact).