Cost-benefits Analysis of K12 Education in the United States

Authors

  • Lili Shi
  • Baolong Yu
  • Shurong Yu
  • Ziping He

DOI:

https://doi.org/10.54691/bcpbm.v17i.401

Keywords:

k12 Education; Cost-benefits-analysis.

Abstract

By taking American Basic Education (K12) as a whole and using the data from NECS and the Georgetown University Center on education and the workforce, we made a Cost-benefits-analysis. The analysis shows that the net benefits of k12 education is 38656 billion and the return is an amazing 458%.

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References

Anthony P. Carnevale, Ban Cheah, Emma Wenzinger; The College Payoff: More Education Doesn’t Always Mean More Earnings [R]. the Georgetown University Center on education and the workforce, 2021.

Joel McFarl, Bill Hussar; The Condition of Education 2019 [R]. National Center for Education Statistics, 2021. An Application of Cost-Benefit Analysis to Management Education.

Boardman Greenberg Vining Weimer; Cost-Benefit Analysis Concepts and Practice [M]. Pearson, 2014.

Samuel Paul; An Application of Cost-Benefit Analysis to Management Education[J]. Journal of political economy, 1972.

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Published

2022-02-23

Issue

Vol. 17 (2022): 2nd International Conference on Economic Development and Innovation (EDI 2021)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Shi, L., Yu, B., Yu, S., & He, Z. (2022). Cost-benefits Analysis of K12 Education in the United States. BCP Business & Management, 17, 279-286. https://doi.org/10.54691/bcpbm.v17i.401
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