Adult Education’s ROI
Adult Education’s ROI is VERY POSITIVE with many years of detailed research support.
BEYOND volunteering because it is just awesome to help an interested person learn.
And BEYOND the fact that learning is just intrinsically good in and of itself.
Volunteers make major material contributions to their community.
Lack of a diploma or low literacy impacts the person, their family and their community.
ADULT EDUCATION ROI (RETURN on INVESTMENT)
Besides the Heritage Foundation’s graphic, consider these researchers findings on ADULT EDUCATION’s ROI.
In addition to the enhanced job security and other benefits enjoyed by the better educated, it is also understood that the less well-educated suffer economically and transfer some of the burden of their low-income status to society. According to Stephen Reder, Chair of the Department of Applied Linguistics at Portland State University (McLendon, Jones, Rosin, Pgs 4-5):
The economic benefits that accrue to individuals include:
- Higher Salaries and Benefits;
- Enhanced Employment Opportunities and Stability;
- Higher Savings Levels;
- Improved Working Conditions; and
- Personal/Professional Mobility.
- Reduced Crime Rates;
- Increased Charitable Giving and Community Service;
- Increased Quality of Civic Life;
- Social Cohesion/Appreciation of Diversity; and
- Improved Ability to Adapt to and Use Technology.
Individuals gain important private social benefits, including:
Improved Health and Life Expectancy;
- An Improved Quality of Life for Children and Dependents;
- Better and More Informed Consumer Decision Making;
- Higher Personal Status; and
- More Time for Hobbies and Leisure Activities
- Council on Virginia’s Future (2008, August). “The High Cost of Low Educational Attainment.” Issue Insight, 2. Retrieved Jan. 25, 2012 from http://future.virginia.gov/docs/IssueInsights/Insight2-HighCostLowEd.pdf.
- Levine, H. (2005, October). The Social Costs of Inadequate Education: The first annual
Teachers College Symposium on Educational Equity. Retrieved Jan. 25,2012 from http://www.tc.columbia.edu/i/a/3082_socialcostsofinadequateEducation.pdf
- McLendon, L; Jones
D. and Rosin, M. (2011, May). Return on Investment from Adult Education and Training: Measuring the Economic Impact of
A Better Educated and Trained U.S. Workforce. Retrieved Jan. 25, 2012 from http://www.mcgraw-hillresearchfoundation.org/wp-content/uploads/the-return-on-investment-from-adult-education-and-training.pdf
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