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High returns: public investment in higher education

Author

Listed:
  • Philip A. Trostel

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.

Suggested Citation

  • Philip A. Trostel, 2008. "High returns: public investment in higher education," Communities and Banking, Federal Reserve Bank of Boston, issue Spr, pages 31-34.
  • Handle: RePEc:fip:fedbcb:y:2008:i:spr:p:31-34
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    File URL: http://www.bostonfed.org/commdev/c&b/2008/spring/Trostel_invest_in_higher_ed.pdf
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    Citations

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    Cited by:

    1. John Taskinsoy, 2012. "The Return of Investment on Tertiary Education in Malaysia," Journal of Education and Vocational Research, AMH International, vol. 3(6), pages 183-192.
    2. John Taskinsoy, 2012. "The Investment Rate of Return (IRR) to Tertiary Education in Turkey," Journal of Education and Vocational Research, AMH International, vol. 3(5), pages 154-164.

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