The Alliance for Excellent Education has just posted new estimates that if we could cut the Jefferson County Public School System’s disastrous dropout rates for African-Americans by 50 percent, that there would be a benefit to those kids of color of $4.3 million. A similar cut for the city’s Latino and Asian students would save another $1.3 million.
That in turn could trigger additional economic benefits for the city in areas like increased home and automobile sales and investment that would generate over $11 million more.
It sure beats what too often happens now, where the taxpayer winds up paying for incarceration of the under-educated in Kentucky who cannot get and hold a job.
Hat tip to KSN & C for finding the article.
Friday, July 16, 2010
No fooling: Cutting Louisville’s high school dropouts by 50 percent would save millions
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