A new study estimates that spending an extra $82,000 per student over the span of a pre-K-12 career for effective education programs would result in returns to the US economy totaling over $209,000 over the course of each student’s lifetime. See below for the breakdown of benefits. The study adds- if the interventions succeeded in cutting the high school dropout rate in half, a single cohort of those students who graduated would yield $45 billion for government treasuries in the form of tax revenue or reduced demand for services over the course of their adult lives.
Increased tax revenue: $139,100
Savings in public-health costs: $40,500
Savings in law-enforcement and prison costs: $26,600
Savings in welfare costs: $3,000
Total benefit: $209,100
SOURCE: "The Costs and Benefits of an Excellent Education for All of America's Children"