California’s Economic Payoff: Investing in College Access & Completion is new statewide report conducted by researchers at the Institute for the Study of Societal Issues at the University of California, Berkeley. It was commissioned by The Campaign for College Opportunity and co-released with the California Civil Rights Coalition and the California Chamber of Commerce. The report answers two questions: What are the benefits of investing in higher education? And, is it worth it for Californians?
This study concludes that the benefits of higher education extend well beyond the direct payoff for students and include substantial gains to the state, and it is indeed worth the investment. California´s higher education investments pay off for all of California, not only for the individuals who receive a college education through increased lifetime earnings, but for the state in increased tax revenue and reduced costs for social welfare programs and incarceration.
Check out the full report HERE.