Colorado: The Return on Investment to Increasing Postsecondary Credential Attainment
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Colorado Must Improve College Participation and Credential Attainment Rates to Remain Competitive |
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Meeting Credential Goal Produces Significant Personal Economic Return |
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Per capita income increases when the state meets 60% credential attainment goal
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Meeting Credential Goal Produces Significant Economic Returns to the State |
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Status quo produces small returns Under current postsecondary investment patterns, Colorado’s state revenues will increase by about $96 million in 2025.
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Meeting 60% credential goal pays off By meeting the 60% credential goal, Colorado will generate more annual revenue, topping approximately $700 million in 2025.
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State Revenues Exceed Costs When Credential Goal is Met |
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Status Quo: Revenues exceed costs Colorado funds postsecondary education through student vouchers rather than institutional aid. Consequently, revenues exceed costs by about $86 million in 2025.
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Meet 2025 goal: Revenues exceed costs more By meeting the 60% credential attainment goal, Colorado’s revenues exceed postsecondary costs by approximately $675 million by 2025.
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This analysis was prepared using the CLASP-NCHEMS Return on Investment Dashboard tool. See clasp2022.tealmedia.dev/ROIdashboard |