Graduation Year

2017

Date of Submission

11-2016

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Marc Massoud

Reader 2

Jefferson Huang

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 1995 Christopher D. Jackson

Abstract

This paper takes a dive into understanding if funding extra diversity initiatives at Claremont McKenna College currently spurred on by students are worth the cost to the institution. Resources like that of Claremont McKenna’s C.A.R.E. Center (Civility, Access, Resources, and Expression) and funding for representative student organizations place large pressures on the institution’s available budget and there is not much proof that they will pay off in the long-run. In this paper, financial costs for supporting diverse students on campus are aggregated and compared to the possible financial benefits that may come of their consequential use. Results show that there is a largely positive societal benefit to the use of these resources at a fraction of the cost to the institution. These findings derive from CMC cost data; however, results imply similar conclusions across secondary education institutions nationwide.

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