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CSLF Brief, Publication No. 45, September 6, 2018, Nicholas Warner and Emily Franklin
While educational attainment usually leads to higher pay, each additional year of schooling also represents additional public dollars spent to educate that student and increased tax revenues realized over time. This brief and accompanying visualization examine 12 typical paths through Georgia’s public education into the workforce. The report provides the cost to educate each student, the year at which each student’s taxes paid become equivalent to the amount to educate them, and the amount of taxes paid by age 65 above and beyond the cost of their public education. These estimates represent long-run fiscal impacts for the 2 specific and representative paths.
|Lifetime Cost to Educate Students Tax Revenue _ September 2018.pdf||Download|