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The article examines the economic impact of higher education and K-12 sector in New England. The economic impact of public and private elementary and secondary schools have been ignored from the discussions on the contribution of education to workforce development and knowledge creation. It is found out in a study that elementary, middle and secondary schools spent over $443 million on construction and $4.8 billion was spent in public K-12 on salaries.

The article reports on findings from the economic impact assessment of New England Association of Schools & Colleges (NEASC). It was found that the collective economic impact of accredited public and independent K-12 schools together with higher education institutions amounted to $114.7 billion in fiscal 2006. The number of full-time employees at NEASC-accredited higher education institutions in fiscal 2006 was greater than the combined total of doctors, police officers, construction laborers, dentists, pharmacists and computer programmers in the region.

Presents information on the economic impact of educational opportunity in New England. Access and support for students from underserved populations; Benefits provided by educated citizens to society; Rise in higher education process and shifts in public policy.

The article discusses the outcome of bRIdge, an initiative launched by the Association of Independent Colleges and Universities of Rhode Island to answer questions about the impact of increasing graduate retention on the state economy. The initiative aimed at implementing a strategy to increase post-graduate opportunity in the state. A study on the initiative showed the effect of poor entry-level employment prospects on the deterrent to retention.

The article discusses the impact of education according to a report by the New England Association of Schools & Colleges. It is inferred that the spending of education institutions in New England resulted to an economic impact of almost 114.7 billion dollars in 2006 against 93.4 billion dollars in 2004.

Presents information on the economic impact of U.S. colleges and universities in 2004. Return on investment as a key feature of the economic impact; Profit generated by the University of Rhode Island in its economic activity; Promotion by institutes of responsible growth.