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High returns: public investment in higher education


  • Philip A. Trostel


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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