10-03-2016 19:24 via phys.org

Spending on public higher education overlooks net benefits as investment in state's future

In spite of the overwhelming evidence of a skills deficit, a depressed middle class and growing inequality, the state of Illinois continues to underinvest in public higher education. But considering higher education funding as an investment that lowers state welfare and prison costs, generates tax revenues and leads to economic growth in the future—and not as mere consumption spending—could reframe the debate, according to an article by a University of Illinois expert in the economic
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