Journal Article

High returns: public investment in higher education

Abstract: Conservatively speaking, a college graduate generates $142,000 in state fiscal benefits over time while costing a state only $60,500. But trends in higher education allocations (4.1 percent of total state spending nationwide in 1984; 1.8 percent in 2004) suggest states have become shortsighted.

Keywords: Education - Economic aspects; Education - New England; College graduates - New England; College graduates;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2008

Issue: Spr

Pages: 31-34