Cut Education and Everyone will Pay more

The Economic Case for Investing in Education

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A 2019 independent third party study commissioned by the Ontario Secondary School Teachers' Federation found:

  • “Each dollar of public education spending generates $1.30 in total economic benefits to Ontario. Whereas, the inverse holds for each dollar taken from public education.”
  • “Public education can generate social benefits, such as a healthier population, a higher standard of living, and a reduction in crime. That lessens demand for Ontario’s social assistance, public healthcare, and criminal justice services.”
  • “Through increases in public education spending that improve high school graduation rates to the highest rate in the country, Ontario could see average fiscal savings of $16.4 million each year. That could accrue to total savings of $3.5 billion over the course of two decades.”
  • “In a reverse scenario, where high school graduation rates instead fall to 82.6 per cent, Ontario would spend an additional $18.0 million each year. Over a 20-year period, that could amount to total fiscal costs of $3.8 billion.”
  • “Each additional high school graduate saves the Ontario government (on average) $2,767 each year on social assistance, healthcare, and criminal justice. While, each additional high school non-completer costs the province $3,128 each year.”

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