At the Detroit Staff Leaders Conference, United Way of America and the America Human Development Project unveiled a very interesting new tool called the Common Good Forecaster which can be used for demonstrating the impact that education has on all our lives . The on-line system not only provides current data on a variety of statistics including health, finances, community involvement and education, but it also allows the user to forecast how each of those stats would be impacted by changes in educational attainment.
To use the tool, you simply select the indicator that you are interested in and then slide one of the education variables up or down to see what impact it would have on the indicator that you are examining. For example, in Connecticut Median Personal Earnings in 2007 amounted to $41,771. By moving the slider showing that we currently have 12% of the population with less than a high school diploma to 6%, the Median Personal Income figure would jump to $42,304. You can use the sliders to change a variety of educational attainment figures to predict what would happen as the educational attainment changes.
The system provides data by state and/or county levels. It is the first of what will eventually be several similar tools. You can test the system out for your self at http://www.liveunited.org/forecaster/. We'd appreciate hearing from you with your thoughts on the value of the Forecaster.
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