Ending Hunger in America, 2014 Hunger Report Full Report | Page 104

total of his skills and capabilities—determines his employability. “Hunger rates are Education is still the best way to build human capital. A worker higher for high school with a higher level of education earns higher wages, and in turn, dropouts than for higher wages make it possible for her to continue building her those who graduate and far higher than human capital by obtaining additional education or training. for those who earn It’s a “virtuous cycle”—as opposed to a “vicious cycle”—that pays a postsecondary off for the rest of a person’s life. credential.” But the costs of teenagers dropping out are also borne by society. In 2007, the Center for Labor Market Studies at Northeastern University estimated that there were 6 million high school dropouts in the Figure 3.3 Prevalence and Severity of Food United States between the ages of 16 and 24.15 Insecurity Among Children, by Economists say that the people in this cohort Educational Attainment of Most alone will cost society at least $1.75 trillion over Educated Adult in Household, their lifetimes through public assistance, lost 2010-2011 Average. tax revenues from their reduced earnings, and incarceration.16 Harry Holzer, an economist at Very low food security Low food security Georgetown University and the Urban Institute, has studied the impact of high school dropout rates on the national economy. He estimates that All households with every percentage point increase in the dropout children rate reduces federal revenues by $5 billion per year. “A 1 percentage-point increase that lasts for five years would reduce total federal revenues by a Less than high total of $25 billion,” Holzer says. “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