Closing the education gap : benefits and costs /

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Bibliographic Details
Author / Creator:Vernez, Georges.
Imprint:Santa Monica, CA : RAND, 1999.
Description:1 online resource (xxvi, 198 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11108999
Hidden Bibliographic Details
Other authors / contributors:Krop, Richard A., 1962-
Rydell, C. Peter.
ISBN:0585161518
9780585161518
9780833043436
0833043439
9780833027481
0833027484
0833027484
Digital file characteristics:data file
Notes:"MR-1036-EDU"--Page 4 of cover.
Includes bibliographical references (pages 193-198).
Print version record.
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.
Other form:Print version: Vernez, Georges. Closing the education gap. Santa Monica, CA : RAND, 1999 0833027484