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Systems of Support for High School Improvement. National High School Center Summer Institute Gov. Bob Wise June 11, 2007. Economic Impact. Each class of high school dropouts costs the US economy… Over $309 billion lost wages over the students’ lifetimes
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Systems of Support for High School Improvement National High School Center Summer Institute Gov. Bob Wise June 11, 2007
Economic Impact Each class of high school dropouts costs the US economy… • Over $309 billion lost wages over the students’ lifetimes • About $17 billion in Medicaid and uninsured medical costs over their lifetimes • Almost $4 billion in community college remediation costs per year • More than $8 billion in incarceration expenses and lost wages per year
FY 2007 Federal Education Appropriations $20 Title I $18 Reading First $16 Head Start Perkins $14 GEAR-UP $12 Striving Readers Amount (in billions) $10 TRIO $8 SEOG $6 LEAP $4 Fed. Work Study $2 Pell PreK-6 Grades 7-9 Grades 10-12 Postsecondary The Missing Middle
How much does the U.S. spend per student?* 72 dollars per student FY 2006 = $1 billion 13 cents per student FY 2006 = $29.7 million Reading First Grades: K-3 Striving Readers Grades: 6-12 *Estimates based on public school enrollments in the U.S. for grades k-3 and 6-12 in 2003-2004 (NCES) Reading First & Striving Readers How much does the U.S. spend on each program? Striving Readers Grades: 6-12 Reading First Grades: K-3