NotesFAQContact Us
Collection
Advanced
Search Tips
ERIC Number: ED462572
Record Type: Non-Journal
Publication Date: 2001
Pages: 66
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Education and the Common Good: Social Benefits of Higher Education in Kentucky.
Watts, Amy L.
The returns that Kentucky can expect on its investments in higher education were examined in an analysis that identified some of the social benefits accompanying earning a degree from a four-year college and established a value for those benefits. The analysis was based on 12 models that were estimated by using datasets from semiannual surveys of Kentucky residents conducted by the University of Kentucky Survey Research Center. The following were among the benefits identified: (1) economic benefits in the form of higher earnings and higher state and federal tax revenues to fund tax-supported programs; (2) reduced welfare dependency; (3) lower crime costs; (4) healthier lifestyles; (5) social gains, including increased volunteerism, charitable giving, and participation in and leadership of community organizations; and (6) various immeasurable benefits, including reading to children and increased levels of participation in cultural activities. The lifetime social benefits of a four-year degree were estimated at more than $126,000 for men and $96,000 for women. (Twenty tables/figures are appended. The following items are appended: (1) descriptions of the Kentucky survey data and models; (2) an estimate of the additional federal and state tax revenues resulting from participation in higher education; and (3) expected costs of incarcerating men and women in Kentucky.) (MN)
Kentucky Long-Term Policy Research Center, 111 St. James Court, Frankfort, KY 40601-8486. Web site: http://www.kltprc.net.
Publication Type: Information Analyses; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Kentucky Long-Term Policy Research Center, Frankfort.
Identifiers - Location: Kentucky