A new study finds that even small increases in investments in education and social safety net programs are directly related to increases in high school completion rates.
A joint study by Michigan State University and Central Michigan University found that government investments in safety net programs and education have a significant impact on high school completion rates. The study analyzed seven years of data on U.S. public schools, including safety net programs and education spending, as well as various school and district characteristics, Phys.org wrote.
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Findings show that increased spending in both areas has a positive impact on graduation rates, especially for historically underserved student groups. The study highlights the direct relationship between additional funding and improved graduation outcomes. Specifically, a one percent increase in graduation rates is directly associated with additional social safety net spending of $437 per child, or $720 devoted to education, according to study co-author Ignacio Acevedo-Polakovic.
This study highlights the broader impacts of completing high school, which are closely linked to the future health and economic well-being of a community. People who have not completed high school tend to earn significantly less per year than graduates and those with a college degree, which has a negative impact on the economy. Additionally, completing high school has previously been associated with improved health status and longer life expectancy. The study highlights the importance of strong government funding for education and social support systems to increase these long-term benefits.
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Source: Focus
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