- Wed Oct 12, 2016 7:23 am
#78389
Much of the world is pulling away from us because of our failed education system. Investing is education is a "no-brainer."
If more study is done on return-on-investment when the government spends our money things would better for all of us. To be fair much of government spending has little or no cost/benefit relationship.
$12.8 Billion in Increased Tax Revenues from the GIshttp://www.djdinstitute.org/h_gifact.html" onclick="window.open(this.href);return false;
The additional education for the returning GIs led to higher wages and more taxes for government. To be conservative, the report looked at how much extra taxes were paid by the 40 percent who would not have gone to college without the GI bill. Those extra taxes came to $12.8 billion (1952 dollars). As the chart below shows, the GI Bill was a tremendous investment for the United States. For every dollar invested in the GIs’ higher education, the government and economy received at least $6.90 in return.
Much of the world is pulling away from us because of our failed education system. Investing is education is a "no-brainer."
If more study is done on return-on-investment when the government spends our money things would better for all of us. To be fair much of government spending has little or no cost/benefit relationship.
- By johnforbes