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Closing the education gap : benefits and costs / Georges Vernez, Richard A. Krop, C. Peter Rydell

Author
Vernez, Georges
Published
Santa Monica, CA : RAND, 1999.
Physical Description
1 online resource (xxvi, 198 pages) : illustrations
Additional Creators
Krop, Richard A., 1962- and Rydell, C. Peter
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Language Note
English.
Contents
Introduction -- The Public Benefits of Education -- The RAND Education Simulation Model -- Effects of Demographic Change on Educational Attainment -- Costs and Benefits of Closing the Educational Attainment Gap for Blacks and Hispanics -- Effects of Immigration on Education -- Discussion and Next Steps -- Appendix A: Data Used to Estimate Public Program Benefits -- Appendix B: Estimated Relationships Between Educational Attainment and Spending on Social Programs -- Appendix C: The Elderly: a Special Case -- Appendix D: Savings in Program Expenditures and Increases in Tax Revenues and Disposable Income Associated with Increased Educational Attainment -- Appendix E: Education Flow Rates -- Appendix F: Annual Flows for Births, Deaths, and Immigration -- Appendix G: Education Cost Estimates -- Appendix H: Adult Population in 1990 and Projected to 2015 -- Appendix I: Estimates of Costs and Benefits.
Summary
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.
Report Numbers
RAND/MR-1036-EDU
Subject(s)
ISBN
0585161518 (electronic bk.)
9780585161518 (electronic bk.)
9780833043436 (electronic bk.)
0833043439 (electronic bk.)
9780833027481
0833027484
Digital File Characteristics
data file
Note
"MR-1036-EDU"--Page 4 of cover.
Bibliography Note
Includes bibliographical references (pages 193-198).
View MARC record | catkey: 43311513