| Document Type
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BL
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| Record Number
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989523
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| Doc. No
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b743893
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| Main Entry
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Carroll, Stephen J.,1940-
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| Title & Author
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The benefits to taxpayers from increases in students' educational attainment /\ Stephen J. Carroll, Emre Erkut.
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| Publication Statement
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Santa Monica, CA :: RAND,, 2009.
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| Series Statement
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Rand Corporation monograph series ;; MG-686-WFHF
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| Page. NO
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1 online resource (xxiii, 117 pages) :: illustrations.
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| ISBN
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0833049372
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: 9780833049377
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0833047426
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9780833047427
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| Bibliographies/Indexes
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Includes bibliographical references (pages 113-117).
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| Contents
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Introduction -- Analytic approach -- Payments for taxes and social programs -- Spending on social support programs -- Educational attainment and spending on the corrections system -- Costs of providing additional education -- Educational attainment and public revenues and costs.
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| Abstract
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Meeting the educational demands of the future will be expensive; however, in most states, public schools from kindergarten through the university level already experience budgetary challenges. Policymakers face the challenge of motivating taxpayers to provide the funds needed to meet mounting education needs. In this volume, Carroll and Erkut examine the financial benefits that taxpayers - regardless of whether they have children in school - realize from increases in educational attainment. First, investments in education benefit taxpayers because the investments produce more highly educated individuals, who tend to earn more income than those with lower levels of education and pay more in taxes, thus contributing more to programs such as Social Security. Second, more highly educated individuals are less likely to draw on social support programs, such as Medicare. And finally, more highly educated individuals are less likely to commit crimes, so increases in educational attainment reduce public spending on incarceration. Carroll and Erkut estimate the monetary value of these benefits over an individual's lifetime and how they vary as a result of education level.
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| Subject
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Education-- United States-- Finance.
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Income tax-- United States.
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Public schools-- United States-- Finance.
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EDUCATION-- Educational Policy Reform-- General.
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Education-- Finance.
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Education.
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Income tax.
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Public schools-- Finance.
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SOCIAL SCIENCE-- Children's Studies.
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Social Sciences.
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Theory Practice of Education.
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United States.
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| Dewey Classification
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379.1/10973
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| LC Classification
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LB2825.C315 2009eb
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| Added Entry
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Erkut, Emre.
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