This report explores the economic impacts, as well as the wider social and fiscal impacts, of increased and reduced spending on Ontario’s public education.
Each dollar of public education spending generates $1.30 in total economic benefits to Ontario. At the same time, the inverse holds true for each dollar taken from public education.
Public education can generate social benefits, such as a healthier population, a higher standard of living, and a reduction in crime. That lessens demand for Ontario’s social assistance, public health care, and criminal justice services.
Each additional high school graduate saves the Ontario government (on average) $2,767 each year on social assistance, health care, and criminal justice. While, each additional high school non-completer costs the province $3,128 each year.