The famous Picasso painting Nude, Green Leaves and Bust sold yesterday for $106.5 million. Now I like art and am not exactly a fan of it all, but do appreciate the different views of the world and all its rhythms, sounds and beauty.
But...... $106.5 million. I could operate this entire school for nine years on that kind of money. Why didn't the buyer ask me where to invest his/her money?
Right now there are over 1,700 kids in the school. If all 1,700 graduate from high school (and we expect them all to do so), that is a value to our society of over $2,040,000,000 - over two billion dollars.
If say 75% get their bachelor's' degrees that would a value of over $2.7 billion and if only 35% of those go on to a masters' that would be a value of over $1,2 billion.
So if you total it up - 1,700 students - 25% finish with a high school education. 75% go on and finish the bachelor's' degree and of that 35% finish their masters' -- that is a value to our society in today's dollars of over $4.4 billion.
So for 1/10th of the cost of the Picasso painting a society could invest in 1,700 of its children and all of that could result in a return on investment of over $4.4 billion. Not bad.
How much is the education of your child worth? Does your legislator know that?
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