عنوان

The benefits to taxpayers from increases in students' educational attainment /

(Number (ISBN

0833049372

(Number (ISBN

9780833049377

Erroneous ISBN

0833047426

Erroneous ISBN

9780833047427

Number

b743893

Title Proper

The benefits to taxpayers from increases in students' educational attainment /

General Material Designation

[Book]

First Statement of Responsibility

Stephen J. Carroll, Emre Erkut.

Place of Publication, Distribution, etc.

Santa Monica, CA :

Name of Publisher, Distributor, etc.

RAND,

Date of Publication, Distribution, etc.

2009.

Specific Material Designation and Extent of Item

1 online resource (xxiii, 117 pages) :

Other Physical Details

illustrations.

Series Title

Rand Corporation monograph series ;

Volume Designation

MG-686-WFHF

Text of Note

Includes bibliographical references (pages 113-117).

Text of Note

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.

0

Text of Note

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.

Source for Acquisition/Subscription Address

JSTOR

Stock Number

22573/ctt2hn5

Title

Benefits to taxpayers from increases in students' educational attainment.

International Standard Book Number

9780833047427

Education-- United States-- Finance.

Income tax-- United States.

Public schools-- United States-- Finance.

EDUCATION-- Educational Policy & Reform-- General.

Education-- Finance.

Education.

Income tax.

Public schools-- Finance.

SOCIAL SCIENCE-- Children's Studies.

Social Sciences.

Theory & Practice of Education.

United States.

7

EDU-- 013000

EDU034000

POL029000

Number

Edition

Class number

Book number

Carroll, Stephen J.,1940-

Erkut, Emre.

Date of Transaction

20201204042142.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y