North Carolina: The Return on Investment to Increasing Postsecondary Credential Attainment
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North Carolina 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, North Carolina’s state revenues will increase by about $310 million in 2025.
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Meeting 60% credential goal pays off By meeting the 60% credential goal, North Carolina will generate more annual revenue, topping approximately $3 billion in
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State Revenues Exceed Costs When Credential Goal is Met |
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Status Quo: Costs exceed revenues Under current postsecondary investment patterns, North Carolina’s postsecondary costs exceed state revenues by
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Meet 2025 goal: Revenues exceed costs By meeting the 60% credential attainment goal, North Carolina’s revenues exceed postsecondary costs by about $1.5 billion by 2025. |
This analysis was prepared using the CLASP-NCHEMS Return on Investment Dashboard tool. See clasp2022.tealmedia.dev/ROIdashboard |