Closing the education gap : benefits and costs / Georges Vernez, Richard A. Krop, C. Peter Rydell
- Vernez, Georges
- Santa Monica, CA : RAND, 1999.
- Physical Description:
- xxvi, 198 pages : illustrations ; 23 cm
- Additional Creators:
- Krop, Richard A., 1962-
Rydell, C. Peter
Program for Research on Immigration Policy (U.S.)
RAND Education Program
William & Flora Hewlett Foundation
Andrew W. Mellon Foundation
- How much would it cost and what would the benefits be if blacks and Hispanics graduated from high school, went to college, and graduated from college at the same rate as non-Hispanic whites? The answer to this important question for the future of the nation is explored in this report. The costs of education would be high, increasing by about 20 percent in California and 10 percent in the rest of the nation. But the benefits, in the form of savings in public health and welfare expenditures and increased tax revenues from higher incomes, would be even higher. Indeed, the added costs of providing more education to minorities would be recouped well within the lifetime of taxpayers called upon to make the additional investments. The nation is experiencing a rapid immigration driven increase in the share of Hispanics in the school age population. Failure to increase the educational attainment of this group would result in growing shares of new labor-force entrants having levels of education lower than those prevailing today; in increased income disparities between blacks and Hispanics, on one hand, and Asians and non-Hispanic whites, on the other; and in increased public expenditures for social and health programs for generations to come.
- "Center for Research on Immigration Policy -- RAND Education."
- Bibliography Note:
- Includes bibliographical references (pages 193-198).
- Other Forms:
- Also available on the internet via WWW in PDF format.
- Funding Information:
- William and Flora Hewlett Foundation. ET010 61R1
Andrew W. Mellon Foundation. ET010 61R1
View MARC record | catkey: 3940007