California's Economic Payoff: Investing in College Access & Completion
This study concludes that the benefits of higher education extend well beyond the direct payoff for students and include substantial gains to the state, and it is indeed worth the investment. California´s higher education investments pay off for all of California, not only for the individuals who receive a college education through increased lifetime earnings, but for the state in increased tax revenue and reduced costs for social welfare programs and incarceration… For every dollar California invests to get more students in and through college, it will receive a net return on investment of four dollars and fifty cents. That’s a net return of 450 percent.
Read full article [here].
by Dr. Jon Stiles, Dr. Michael Hout and Dr. Henry Brady, The Campaign for College Opportunity.
