Title: Macrofinancial Risk Analysis / Edition 1
Author: Dale Gray, Samuel Malone
ISBN-10: 0470058315
ISBN-13: 9780470058312
While the high cost of education draws headlines, the cost of not educating America’s children goes largely ignored. The Price We Pay remedies this oversight by highlighting the private, fiscal, and public costs of inadequate education. Leading scholars from a broad range of fields-including economics, education, demography, and public health-attach hard numbers to the relationship between educational attainment and income, health, crime, and dependence on public assistance. They also explore policy interventions that could boost the education system’s performance and explain why demographic trends make the challenge of educating our youth so urgent today. Improving educational outcomes for at-risk youth is more than a noble goal. It is an investment with the potential to yield benefits that far outstrip its costs. The Price We Pay analyzes both sides of the balance sheet and suggests which policies are most likely to pay off.
