publication . Preprint . Article . 2007

The fiscal impacts of college attainment

Philip A. Trostel;
Open Access
  • Published: 01 Jan 2007
This study quantifies one important part of the economic return to public investment in college education, namely, the fiscal benefits associated with greater college attainment. College graduates generally pay much more in taxes than those not going to college. Government expenditures are also generally much less for college graduates than for those without a college education. Indeed, over an average lifetime, total government spending per college degree is negative. That is, direct savings in post-college government expenditures are greater than government expenditures on higher education. Further, the direct extra tax revenues from college graduates alone ar...
ACM Computing Classification System: ComputingMilieux_COMPUTERSANDEDUCATIONGeneralLiterature_REFERENCE(e.g.,dictionaries,encyclopedias,glossaries)ComputingMilieux_LEGALASPECTSOFCOMPUTING
free text keywords: Income tax ; Education - Economic aspects ; College graduates
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