The Economic Case for Investing in Education

The Economic Case for Investing in Education

Provincial
Pages:30 pages50 min read

Author: Aimee McArthur-Gupta

$0.00

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.

Want a discount? Become a member by purchasing a subscription! Learn More

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.

Document Highlights

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.

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.

Reviews

Be the first to review “The Economic Case for Investing in Education”

There are no reviews yet.