The Cost of Economic and Racial Injustice in Postsecondary Education

Autor/inn/en	Carnevale, Anthony P.; Campbell, Kathryn Peltier; Cheah, Ban; Fasules, Megan L.; Gulish, Artem; Quinn, Michael C.; Sablan, Jenna R.; Smith, Nicole; Strohl, Jeff; Barrese, Sarah
Institution	Georgetown University, Center on Education and the Workforce; Postsecondary Value Commission
Titel	The Cost of Economic and Racial Injustice in Postsecondary Education
Quelle	(2021), (52 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Quantitative Daten; Racial Bias; Social Bias; Socioeconomic Status; Educational Attainment; Postsecondary Education; Economic Factors; Cost Effectiveness; Debt (Financial); Low Income Groups; Taxes; Correctional Rehabilitation; Public Health; Expenditures; Federal Aid; Federal Programs; Wages; Educational Equity (Finance); Majors (Students); Equal Education; Crime; Institutionalized Persons; Correctional Institutions; Family Structure; Critical Thinking; Thinking Skills; Citizen Participation; Authoritarianism; Empowerment; Psychological Patterns; Diversity + Suchen Sie Ihr Suchwort? Racial discrimination; Rassismus; Socio-economic status; Sozioökonomischer Status; Bildungsabschluss; Bildungsgut; Post-secondary education; Tertiäre Bildung; Ökonomischer Faktor; Kosten-Nutzen-Analyse; Kosten-Nutzen-Denken; Abgabe; Gesundheitswesen; Ausgaben; Wage; Löhne; Crimes; Delict; Delicts; Delikt; Jugendstrafvollzug; Familienkonstellation; Familiensystem; Kritisches Denken; Denkfähigkeit; 'Citizen participation; Citizens'' participation'; Bürgerbeteiligung; Autoritarismus
Abstract	In partnership with the Postsecondary Value Commission, we conducted a thought experiment on the costs of inequality in the US education system. Our simulation found that the US economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and race/ethnicity. "The Cost of Economic and Racial Injustice in Postsecondary Education" finds that closing these gaps would require an initial public investment of at least $3.97 trillion, but the benefits would outweigh the costs over time. Equalizing educational attainment without increasing student debt for low-income adults could also boost GDP by a total of $764 billion annually. [During the writing of this report, Kathryn Peltier Campbell, Ban Cheah, Megan L. Fasules, Artem Gulish, Michael C. Quinn, Jenna R. Sablan, Nicole Smith, and Jeff Strohl received funding from the Institute for Higher Education Policy for work done on behalf of the Bill & Melinda Gates Foundation.] (As Provided).
Anmerkungen	Georgetown University Center on Education and the Workforce. 3300 Whitehaven Street NW Suite 5000 Box 571444, Washington, DC 20057. Tel: 202-687-4922; Fax: 202-687-3110; e-mail: cewgeorgetown@georgetown.edu; Web site: http://cew.georgetown.edu
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01