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Cover for The Cost of Economic and Racial Injustice In Postsecondary Education
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dc.date.accessioned2021-10-20T20:25:44Z
dc.date.available2021-10-20T20:25:44Z
dc.date.created2021
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dc.description.abstractIn partnership with the Postsecondary Value Commission, we conducted a thought experiment on the costs of inequality in the US education system. Our simulation found that the US economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and race/ethnicity. The Cost of Economic and Racial Injustice in Postsecondary Education finds that closing these gaps would require an initial public investment of at least $3.97 trillion , but the benefits would outweigh the costs over time. Equalizing educational attainment without increasing student debt for low-income adults could also boost GDP by a total of $764 billion annually.en_US
dc.language.isoen
dc.publisherGeorgetown University Center on Education and the Workforce
dc.titleThe Cost of Economic and Racial Injustice In Postsecondary Educationen_US


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