The return on investment (ROI) from adult education and training: measuring the economic impact of a better educated and trained US workforce

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Permanent URL for this page: http://hdl.voced.edu.au/10707/305338.

Author: McLendon, Lennox; Jones, Debra; Rosin, Mitch

Abstract:

The current sharp focus on deficit reduction in Washington DC, and in state capitals around the country obscures the very real economic benefits US society derives from its public investment in adult education and workforce development programs. [The authors argue that] it is important to keep in mind - especially during tough economic times - that a preemptive focus on adult education actually saves governments money by reducing societal healthcare, public assistance, and incarceration costs. Adult education also improves and expands the nation's available pool of human capital by...  [+] Show more

Subjects: Adult and community education; Outcomes; Economics; Workforce development

Keywords: Adult education; Return on education and training; Economic impact

Geographic subjects: United States; North America

Published: [New York, New York]: McGraw-Hill Foundation, [2012?]

Physical description: 26 p.

Resource type: Policy document

Document number: TD/TNC 116.908

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