If Colorado’s educational attainment matched its future workforce needs, the increase in value from the improved education system would add an additional $12.5 billion over 10 years, according to a new study released by Colorado Succeeds and Common Sense Policy Roundtable that used REMI economic modeling.
The report, titled “What if Colorado Schools Were No. 1 – A Business Guide for Colorado’s Next Governor,” showed the estimated effects if the state’s high school graduates obtained the level of post-secondary education considered necessary to meet future demand.
You can click here to read the full report.
Kristin Strohm, Executive Director of the Common Sense Policy Roundtable, said in an interview with the Denver Business Journal [article behind paywall] the study’s authors were able to estimate future economic impacts from higher graduation rates using REMI’s dynamic economic modeling.