Education and the Economy: Boosting Michigan's Economy by Improving High School Graduation Rates

Institution	Alliance for Excellent Education
Titel	Education and the Economy: Boosting Michigan's Economy by Improving High School Graduation Rates
Quelle	(2011), (2 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Economic Climate; High School Students; Dropouts; Human Capital; Education Work Relationship; Economic Research; High School Graduates; Graduation Rate; Economic Development; Educational Attainment; Educational Improvement; Michigan + Suchen Sie Ihr Suchwort? Wirtschaftslage; High school; High schools; Student; Students; Oberschule; Schüler; Schülerin; Studentin; Drop-out; Drop-outs; Dropout; Early leavers; Schulversagen; Humankapital; Wirtschaftsforschung; Graduate; Graduates; Absolvent; Absolventin; Wirtschaftsentwicklung; Bildungsabschluss; Bildungsgut; Teaching improvement; Unterrichtsentwicklung
Abstract	Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a sophisticated economic model developed by Economic Modeling Specialists Inc., an economics firm specializing in socioeconomic impact tools, the Alliance calculated economic projections for each state. The findings presented in this document clearly demonstrate that the best economic stimulus package is a high school diploma. In Michigan, an estimated 32,400 students dropped out from the Class of 2010 at great costs to themselves and to their communities. Cutting that number of dropouts in half for this single high school class could result in tremendous economic benefits to the state. This paper presents the economic benefits that would likely occur if half of Michigan's nongraduates from the Class of 2010 had graduated with their high school class. (Contains 4 footnotes.) [For the main report, "Education and the Economy: Boosting the Nation's Economy by Improving High School Graduation Rates," see ED517973.] (ERIC).
Anmerkungen	Alliance for Excellent Education. 1201 Connecticut Avenue NW Suite 901, Washington, DC 20036. Tel: 202-828-0828; Fax: 202-828-0821; Web site: http://www.all4ed.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10