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Education and productivity
Saturday, September 3rd, 2011
Sep 02 2011
Each child motivated by the Canada Learning Bond to pursue university will earn, on average, over $800,000 more during a working life than someone who ends their education with a high-school diploma. A third of this will go right back into government coffers in the form of higher income taxes. Solid returns on a $2,000 investment. And this doesn’t count the avoided costs of social supports for those left behind or the greater productivity and innovation from the Canadian businesses that will employ them.
Tags: economy, featured, participation, poverty, standard of living, tax
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