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Why It's Important to Contribute to Education:

Persistently high unemployment and weak state economies put increasing pressures on state and institutional budgets and student and family resources.
States face record shortfalls as the recession has continued to hamper state tax collections, the cost of providing services is rising and emergency federal aid has largely been depleted.
The cumulative effect of years of lagging revenues has led to budget-cutting of historic proportions, causing states to make deep, identifiable cuts in funding to K - 12 and higher education. Even as states face higher enrollment numbers and higher costs, the vast majority is spending less.
The result? Weakened schools and increased student/family hardship:
  • School finance systems intended to reduce disparities between high- and low-wealth school districts are undermined.
  • A decrease in school and district staffing and other cut backs equals direct and indirect job loss.
  • Larger class sizes and limits in building maintenance and supplies, such as textbooks, put a strain on the quality of education students are receiving.
  • At the college level, rising tuition costs (a cumulative increase of 52% since 2009), while average incomes have decreased, creating more of a burden for students and their families.
 
Why It's Important

Education & The Economy

  • The typical bachelor's degree recipient earns about 66% more during a 40-year work life than the typical high-school grad, making education an investment vs. an expense. Source: The CollegeBoard report, Education Pays 2010
  • Federal, state and local governments receive more tax revenues from college grads and spend less on support programs for them. Source: The CollegeBoard report, Education Pays 2010 Sandy Baum, Jennifer Ma, Kathleen Payea
  • Individuals with some college but no degree earned 17% more than high school graduates working full-time year round. Source: The CollegeBoard report, Education Pays 2010
  • Unemployment for a college grad (4.7%) is half that of a high school grad (9.4%). Source: 2009 U.S. Census