The
Fiscal Consequences:
Arizona
Adults and Educational Attainment
(Highlights
from the report of the same name conducted
by Center for Labor Market Studies, Northeastern University, Boston, MA;
November, 2009)
Ø
An individual
that had passed the GED Test and earned an
Arizona
High School
Equivalency Diploma would
contribute $559 more annually to
Arizona
’s income, property and
sales tax base than an individual who had not earned a high school or high
school equivalency diploma. The 14,000
Arizona
High School
Equivalency recipients of
2009 represent a potential $7.8M annual increase to the current state tax base.
Ø
The average high school dropout in
Arizona
(18-64) received $352 in the form of government transfer
benefits and costs more than they paid, while a high school/GED diploma holder
contributed $5173 more to the budgets of state, federal and local governments.
Ø
Receipt of a high school/GED diploma increases the likelihood
of an adult paying state taxes:
·
55.4%
of high school/GED diploma recipients pay state income taxes compared to only
49.6% of adults w/o a high school diploma.
·
53.3%
of
Arizona
high school/GED diploma
recipients pay state property taxes compared to only 43% of adults w/o a high
school diploma.
Ø
Receipt of a high school/GED diploma increased the amount of
Arizona
state income taxes paid:
adult dropouts averaged $249 in annual state income taxes paid.
High school diploma/GED recipients paid over 100% more in annual state
income taxes.
Ø
The value of government cash and in-kind transfers for adults
with a high school/GED diploma was reduced 34% from that of adults without a
diploma.
Ø
The institutionalization rate was reduced by half for adults
who hold a high school/GED diploma over adult drop outs:
o
For
adults (18-60) the rate was 3.3% for those without a diploma and only 1.8% for
high school/GED diploma
holders.
o
For
adults (18-34) the rate was 4.0% for those without a diploma and only 2.1% for high school/GED diploma
holders
Ø
Almost one-fifth of those household heads in
Arizona
without a high
school/GED diploma were
reliant on food stamps versus only 9 % of high school graduates.
Ø
Over the working-age lifetime (18-64) , the gap between the
net fiscal contributions of a high school/GED diploma holder and a drop out in
Arizona
would be equal to $265,700.