Thursday, November 13, 2014

The Economic Benefits of Closing Educational Achievement Gaps | Center for American Progress

The Economic Benefits of Closing Educational Achievement Gaps | Center for American Progress



If the United States were able to close the educational achievement gaps between native-born white children and black and Hispanic children, the U.S. economy would be 5.8 percent—or nearly $2.3 trillion—larger in 2050. The cumulative increase in GDP from 2014 to 2050 would amount to $20.4 trillion, or an average of $551 billion per year. Thus, even very large public investments that close achievement gaps would pay for themselves in the form of economic growth by 2050.

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