these costs total about $500 billion per year, or the equivalent of nearly 4 percent of gross domestic product (GDP). More specifically, we estimate … - Robert D. Putnam

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these costs total about $500 billion per year, or the equivalent of nearly 4 percent of gross domestic product (GDP). More specifically, we estimate that childhood poverty each year: (1) reduces productivity and economic output by an amount equal to 1.3 percent of GDP, (2) raises the costs of crime by 1.3 percent of GDP, and (3) raises health expenditures and reduces the value of health by 1.2 percent of GDP.

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Additional quotes by Robert D. Putnam

teacher flight from the challenges in such schools — violence and disorder, truancy, lower school readiness and English-language proficiency, less supportive home environments — means that students in these schools get a generally inferior education. Many teachers in poor schools today are doing a heroic job, driven by idealism, but in a market economy the most obvious way to attract more and better teachers to such demanding work is to improve the conditions of their employment.

They grew up in an era when public education and community support for kids from all backgrounds managed to boost a significant number of people up the ladder — in Bend, Beverly Hills, New York, Port Clinton, and even South Central LA. Those supportive institutions, public and private, no longer serve poorer kids so well.

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often within a single school, AP and other advanced courses tend to separate privileged from less privileged kids. Later on, kids from different class backgrounds are increasingly sorted into different colleges: for example, by 2004, kids from the top quarter of families in education and income were 17 times more likely to attend a highly selective college than kids in the bottom quarter.

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