The Economic & Social Impacts of Alabama Public Higher Education
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Abstract
The Education Policy Center at the University of Alabama has completed an objective analysis to determine whether there is a quantifiable relationship between the funding of Alabama’s universities and the per capita income of Alabama’s citizens. The study revealed a statistically signifcant relationship. Alabama’s state-wide per capita income rises in direct proportion to Alabama’s funding of its public higher education institutions. Alabama gains a quantifiable return on its investment in higher education. Simply put, the more Alabama spends on universities, the better off Alabamians will be.