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.
File(s): File format is application/pdf http://www.bostonfed.org/commdev/c&b/2008/spring/Trostel_invest_in_higher_ed.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: Communities and Banking
Publication Date: 2008