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The Economic Value of Opportunity Youth.

Publication Year: 
2012
Personal Author: 
Belfield, Clive R.
Levin, Henry M.
Rosen, Rachel.
Corporate Author: 
Corporation for National and Community Service.
Technical Report
Page Count: 
49

Demonstrating the urgent need for broad national action and collaboration between private and public leaders in our communities, The White House Council for Community Solutions released an analysis showing that in 2011 alone, taxpayers shouldered more than $93 billion to compensate for lost taxes and direct costs to support the young people disconnected from jobs and school. At least one in six young adults is disconnected from education and work, according to this report. Projections show that over the lifetime of these young people, taxpayers will assume a $1.6 trillion burden to meet the increased needs and lost revenue from this group.

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