April 26, 2012
From UC Berkeley’s News Center:
In a study released today (Tuesday, April 24), three UC Berkeley researchers conclude that graduates of the University of California and California State University systems provide ongoing returns to the state that average $12 billion a year. That’s well above California’s current general fund expenditures for the UC, CSU and community-college systems combined, they note.
The authors of “California’s Economic Payoff: Investing in College Access and Completion,” include Henry Brady, dean of the Goldman School of Public Policy and Class of 1941 Monroe Deutsch Professor of Political Science and Public Policy; Michael Hout, a professor of sociology; and Jon Stiles, executive director of the California Census Research Data Center. The report was conducted for The Campaign for College Opportunity.