High returns: public investment in higher education

Philip Trostel

Communities and Banking, 2008, issue Spr, 31-34

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 (search for similar items in EconPapers)
Date: 2008
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