Date of Graduation

5-2021

Document Type

Thesis

Degree Name

Master of Social Work (MSW)

Degree Level

Graduate

Department

School of Social Work

Advisor/Mentor

Mark Plassmeyer

Committee Member

Valerie Hunt

Second Committee Member

Ananda Rosa

Keywords

Economic Growth, Education Funding, Elementary Level Education, Public Education, Secondary Level Education, State-Level

Abstract

This research paper aims to investigate associations between education investments and economic growth on the state level. These relationships are measured in terms of two dependent variables: state gross domestic product output and cumulative personal incomes by state. These dependent variables, or indicators of economic growth were selected from previous supportive literature. The present study analyzes publicly available aggregate school finance data reports and aggregate GDP output reports for the year of 2018. Two hypotheses were tested to assess these associations. The results of the present study showed significant, positive associations for both tested hypotheses. This study further supports existing literature stating that educational investment impacts economic growth on the state-level.

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