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Full-Text Articles in Education
Education Expenditure In Australia, James Mahmud Rice, Daniel Edwards, Julie Mcmillan
Education Expenditure In Australia, James Mahmud Rice, Daniel Edwards, Julie Mcmillan
Dr Daniel Edwards
Australia invested $111.8 billion in education in 2015. The sources of this funding and the pathways it follows through various systems are complex. Rarely are all the components of this system captured in the one place. This report offers a detailed insight into investment in Australian education, capturing data from all levels – from early childhood to higher education – and all funding sources – the federal government, state governments, private contributions and the transfers that take place between these. The complex picture shown in this report offers an important reference point for policy-makers, educators, researchers and economists. It draws …
Preschool And Prosperity, Timothy J. Bartik
Preschool And Prosperity, Timothy J. Bartik
Timothy J. Bartik
Substantial research shows that high-quality early childhood education programs have a large economic payoff. This payoff is increased earnings for former child participants, increased earnings for parents, and increased earnings for all workers when average worker skills improve. A program package of universal pre-K, combined with child care and parenting support for all low-income families, would cost $80 billion annually. But each dollar invested in this package would yield future economic benefits of over 10 times as great.