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Friedman Foundation for Educational Choice

This study documents the public costs of high school dropouts in Georgia, and examines how policies that increase school choice, such as the recently-enacted tuition tax credit scholarship program will provide large public benefits by increasing public school graduation rates. The study calculates the annual cost of Georgia dropouts caused by reduced tax revenue, as well as increased Medicaid, public assistance and incarceration costs, and documents the employment impacts that dropouts have on the Georgia economy. It then examines how competition from private schools already raises public school graduation rates, and calculates the dollar value of the public benefits that result from Georgia's increased public school graduation rates generated by a modest school choice program. Key findings include: (1) Georgia residents who were born in the state are twice as likely to be high school dropouts and one-half less likely to have a college degree as residents who have moved to Georgia from another state; (2) Each Georgia dropout costs the state about $2,455 each year after they leave school, and for the remainder of their lives; and (3) A school choice policy improves public school graduation rates and produces millions in public savings. (Contains 10 figures, 8 tables, and 44 endnotes.) [This study was released jointly by the Friedman Foundation for Educational Choice and the Georgia Public Policy Foundation.]

Descriptors: Dropouts, Economic Impact, Income, Education Work Relationship, Taxes, Public Schools, Private Schools, Graduation Rate, School Choice, Educational Policy, Tax Credits, Indigenous Populations, Dropout Rate, Costs, Welfare Services, Employment Level, Competition, Outcomes of Education, Incidence, College Graduates, Wages, Public Health, Institutionalized Persons, Correctional Institutions, High School Graduates, Educational Attainment

Friedman Foundation for Educational Choice. Available from: Foundation for Educational Choice. One American Square Suite 2420, Indianapolis, IN 46282. Tel: 317-681-0745; Fax: 317-681-0945; e-mail: info[at]edchoice.org; Web site: http://www.edchoice.org





Autor: Gottlob, Brian J.

Fuente: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=4104&id=ED508320



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