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ERIC Number: ED518295
Record Type: Non-Journal
Publication Date: 2011-Mar
Pages: 2
Abstractor: ERIC
Education and the Economy: Boosting New Jersey's Economy by Improving High School Graduation Rates
Alliance for Excellent Education
Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a sophisticated economic model developed by Economic Modeling Specialists Inc., an economics firm specializing in socioeconomic impact tools, the Alliance calculated economic projections for each state. The findings presented in this document clearly demonstrate that the best economic stimulus package is a high school diploma. In New Jersey, an estimated 18,000 students dropped out from the Class of 2010 at great costs to themselves and to their communities. Cutting that number of dropouts in half for this single high school class could result in tremendous economic benefits to the state. This report presents the economic benefits that would likely occur if half of New Jersey's non-graduates from the Class of 2010 had graduated with their high school class. (Contains 4 footnotes.) [For the main report, "Education and the Economy: Boosting the Nation's Economy by Improving High School Graduation Rates," see ED517973.]
Alliance for Excellent Education. 1201 Connecticut Avenue NW Suite 901, Washington, DC 20036. Tel: 202-828-0828; Fax: 202-828-0821; Web site:
Publication Type: Reports - Descriptive
Education Level: High Schools; Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Alliance for Excellent Education
Identifiers - Location: New Jersey