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Helping people today also has exponential returns in the long run. More than investment returns since economic growth is tied to people.
by eezurr 6y ago
Helping people today also has exponential returns in the long run. More than investment returns since economic growth is tied to people.
- Balgair 6y agoA 'rule of thumb' in education funding is that every dollar you put in nets you three on the backend. The issue being that the backend is 20-40 years from the initial investment.
- harperlee 6y agoDo you have a source for this rule of thumb? I'm curious!
- Balgair 6y agoOh geeze! I'll try to find a paper on this, but it varies a lot in the US's K-12 at least, hence the 'rule of thumb'. The source I have off the top of my head is family members that are in education consulting and therefore talks over dinners and whatnot, but that is not a 'source' in the HN sense.
- harperlee 6y agoNo worries, it was a genuine question, not a “citation needed” ;).