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Addresses a number of articles that have questioned whether higher education provides a high financial return. This analysis finds that the rate of return on a college investment decreased only modestly over the last decade and remains quite high.
After completing his undergraduate degree in economics at Wake Forest University, Kent received his Ph.D. in economics from Rice University in 1979. He was an assistant professor at ASU from 1978 to 1983. After leaving the university for seven years, during which he worked in the research department of the Federal Reserve Bank of Dallas, he returned to ASU to teach in 1991. He joined ASU’s L. William Seidman Research Institute in 1999.
Examines Arizona state government finance over time; compares Arizona to the nation and to other states on combined state and local government finance. Investigates public education finance and educational outcomes. Considers public-sector needs and suggests ways to boost revenue.
Summarizes migration data by state from three sources: the Internal Revenue Service, the American Community Survey, and the University of Wisconsin.
EXECUTIVE SUMMARY
Examines the determinants of the locations of high-tech clusters in the United States. Summarizes the development of high-tech activities in Arizona, Metro Phoenix, and Metro Tucson relative to selected states and metropolitan areas.
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