Why College Success Matters
From an individual’s perspective, college is a no-brainer. It’s the most reliable ticket to the middle class—and beyond. Despite rising tuition costs, and student debt that has topped $1 trillion, income statistics show that college is indeed worth the cost. A recent article in the Journal of Science put the true cost of college at a negative $500,000, meaning that over the long term, not going to college will cost an individual about a half-million dollars in lost earnings.
College Opportunities for All
Beyond the benefit to individuals, more college degree holders reap dividends for Arizona. College graduates earn more over the course of their lifetimes, benefit from lower unemployment rates, and offer skills needed by 21st century employers. An educated workforce strengthens Arizona’s economy, and higher-earning citizens contribute more to the state in taxes. Check out our college benefits info graphic to see how adding just 500 college graduates to the Arizona workforce would increase state tax revenue by more than $1 million every year.
By increasing the college graduation rate in the state, we will also be increasing the number of Arizona residents who: are healthier, have children who do better in school, vote more, volunteer and serve on civic boards more, and patronize the arts.