NY Times article: "When Children Are Left Behind, the Economy Is, Too"
Originally uploaded by trudeau.
What does it cost the nation when a child drops out of high school? That was the focus of a symposium at Teachers College at Columbia University last week called "The Social Costs of Inadequate Education," part of the college's Campaign for Educational Equity.
The answer is hundreds of billions of dollars. Looking at taxes alone, the researchers calculated that federal and state income tax receipts would be at least $50 billion higher each year if every high school dropout had graduated instead. And billions more are lost, the researchers figure, to added health costs and increased crime.