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The Fiscal Return on Education Joe Cortright March 2010
Synopsis ,[object Object],[object Object],[object Object]
Revenue
Education & Income Oregon household income by education of household head, 2008
Distributions
Taxes & Attainment Educational Level of  Household Head   Median AGI Tax Rate   Total Tax Less than HS   23,500   4.1% 1,000 High School Diploma   38,900   4.5%  1,800 1 to 3 Years of College   45,700   4.6% 2,100 4 Year Degree or Higher   64,800   4.8%  3,100
Most Taxes Come from Well Educated Educational Level of Household Head Households Income Taxes Less than HS   5.5%  1.8% High School Diploma 24.5% 15.7% 1 to 3 Years of College 34.0% 29.0% 4 Year Degree or Higher 36.0% 53.4%
Expenditure
Health Plan
Welfare
Unemployment Insurance
Corrections
A Thought Experiment
What if? What if we moved 10,000 people from the category  “high school graduate” to the category  “four year college graduate”? What would be the effect on state revenues? What would be the effect on state expenditures?
Revenues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Expenditures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Net Gain ,[object Object],[object Object],[object Object],[object Object]
The Fiscal Return on Education Joe Cortright January 2010
 

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Notes de l'éditeur

  1. On the eve of our
  2. On the eve of our