publication . Preprint . Article . 2007

The fiscal impacts of college attainment

Philip A. Trostel;
Open Access
  • Published: 01 Jan 2007
Abstract
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...
Read more
doi: 10.2139/ssrn.1957336
Subjects
ACM Computing Classification System: ComputingMilieux_COMPUTERSANDEDUCATIONGeneralLiterature_REFERENCE(e.g.,dictionaries,encyclopedias,glossaries)ComputingMilieux_LEGALASPECTSOFCOMPUTING
free text keywords: Income tax ; Education - Economic aspects ; College graduates
Download fromView all 2 versions
Research Papers in Economics
Preprint . 2007
Provider: Research Papers in Economics
SSRN Electronic Journal
Article
Provider: UnpayWall
SSRN Electronic Journal
Article . 2012
Provider: Crossref
20 references, page 1 of 2

Hansen, W. L., & Weisbrod, B. A. (1969). Benefits, costs and finance of public higher education. Chicago, IL: Markham.

Harlow, C. W. (2003). Education and corrections populations. Washigton, DC: Bureau of Justice Statistics.

Harmon, C., Oosterbeek, H., & Walker, I. (2003). The returns to education: Microeconomics. Journal of Economic Surveys, 17(2), 115-56. [OpenAIRE]

Harrison, P. M., & Beck, A. J. (2006a). Prison and jail inmates at midyear 2005. Washington, DC: Bureau of Justice Statistics.

Harrison, P. M., & Beck, A. J. (2006b). Prisoners in 2005. Washigton, DC: Bureau of Justice Statistics.

Haveman, R. H., & Wolfe, B. L. (1984). Schooling and economic well-being: The role of nonmarket effects. Journal of Human Resources, 19(3), 377-407. [OpenAIRE]

Haveman, R., & Wolfe, B. (1995). The determinants of children's attainments: A review of methods and findings. Journal of Economic Literature, 33(4), 1829-78. [OpenAIRE]

Heckman, J. J., & Masterov, D. V. (2004). The productivity argument for investing in young children. Invest in Kids Working Group Working Paper No. 5.

Hovey, H. A. (1999). State spending for higher education in the next decade: The battle to sustain current support. Washington, DC: National Center for Public Policy and Higher Education.

Institute for Higher Education Policy. (2005). The investment payoff: A 50-state analysis of the private and public benefits of higher education. Washington, DC: Author.

Snyder, H. N., & Sickmund, M. (2006). Juvenile offenders and victims: 2006 national report. Washington, DC: Office of Justice Programs.

Stephan, J. J. (2004). State prison expenditures, 2001. Washington, DC: Bureau of Justice Statistics.

Strathman, J. G. (1994). Migration, benefit spillovers and state support of higher education. Urban Studies, 31(6), 913-20.

Topel, R. (2004). The private and social values of education” in Federal Reserve Bank of Cleveland, Education and economic development.

Trostel, P. A. (1997). The incentive effects of tax and educational policies. Policy Options, 54-7.

20 references, page 1 of 2
Powered by OpenAIRE Research Graph
Any information missing or wrong?Report an Issue