Document Type

Working Paper

Date of this Version

1-2007

Abstract

We find that an investment of $82,000 in powerful educational interventions and additional years of schooling would yield a public benefit of $209,000 in higher government revenues and lower government spending. The net economic benefit to the public purse is therefore $127,000 per student and the benefits are 2.5 times greater than the costs.

Keywords

returns to education, benefit-cost

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Date Posted: 28 January 2022