Wednesday, January 8, 2020
Micro And Macro Benefits Of Raising Cuny Community College...
Micro and Macro Benefits of Raising CUNY Community College Graduation Rates There are many micro and macro benefits associated with raising graduation rates. The following an overview of these benefits: Micro Benefits An individual who completes an AA degree has the potential to gain considerable benefits, including: â⬠¢ The employment participation rate for individuals with an AA degree (68 percent) is higher than individuals with only a high school diploma (50 percent) (U.S. Bureau of Labor Statistics, 2015). â⬠¢ The average New Yorker aged 25 to 29 with only a high school diploma ($17,000) makes significantly less than individuals with ââ¬Å"some collegeâ⬠coursework ($ 22,000), an AA ($ 29,000) degree and BA degree ($ 42,000) (Center for an Urban Future, 2013). â⬠¢ A worker with an AA will earn almost $ 500,00 more than someone who only a high school diploma, and no further education (Ibid). â⬠¢ College educated adults also enjoy ââ¬Å"non-monetaryâ⬠benefits, such as decreasing the likelihood of smoking and obesity (Ibid). â⬠¢ The benefits of higher educational attainment does not simply benefit the individual who completes their degree, but their children are more likely to attain the same educational credentials, if not more (NYC Public Advocate, 2015). Macro Benefits There are several micro benefits with raising community college graduation rates. New York State and New York State would enjoy substantial benefits if graduation rates were raised. Raising the graduation
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