Building on its previous work examining education and the economy, the Alliance for Excellent Education, with generous support from State Farm®, developed a sophisticated economic model that demonstrates the economic benefits of improving high school graduation rates.
The model, developed by Economic Modeling Specialists, Inc., allows the Alliance to calculate the gross increase in important economic factors such as individual earnings, home and auto sales, job and economic growth, spending and investment, tax revenue, and human capital based on reducing by half the number of students from the Class of 2010 who failed to graduate on time.
Throughout the month of April, the Alliance will release economic findings for the more than 220 U.S. metro areas in its analysis. These economic projections are in addition to findings for the nation and each state that the Alliance released on March 22.
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