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ERIC Number: EJ781067
Record Type: Journal
Publication Date: 2007-Dec
Pages: 10
Abstractor: Author
Reference Count: 0
ISSN: ISSN-0272-7757
The Public Returns to Public Educational Investments in African-American Males
Levin, Henry M.; Belfield, Clive; Muennig, Peter; Rouse, Cecilia
Economics of Education Review, v26 n6 p699-708 Dec 2007
This paper calculates the public savings (financial benefits) from greater public investments in the education of African-American males. Over one-fifth of each age cohort of black males in US is not a high school graduate. We identify five interventions that would--based on credible research--increase the graduation rate; we also report the public cost of each intervention. We then calculate the lifetime public benefits in terms of increased tax revenues and lower spending on health and crime. In present values, for a black male aged 20, these public benefits amount to $256,700 per new graduate and the median intervention would cost only $90,700. The benefit/cost ratio is 2.83. Simply equating the high school graduation rate of black males with that of white males would yield public savings of $3.98 billion for each age cohort. These results suggest that increased investments in education for black males at risk of dropping out of high school should be an economic priority.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: High Schools
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A