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THE ECONOMIC CONSEQUENCES OF INADEQUATE EDUCATION FOR THE PUERTO RICAN POPULATION IN THE UNITED STATES

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Author(s): Clive R. Belfield

Journal: Centro Journal
ISSN 1538-6279

Volume: 22;
Issue: 2;
Start page: 235;
Date: 2010;
Original page

ABSTRACT
This paper calculates the economic consequences of failing to graduate from high school for Puerto Ricans living in the U.S. Based on a range of social science evidence, we calculate the full economic consequences of high school graduation expressed in present values at age 20. In total, each new Puerto Rican high school graduate benefits the taxpayer by $111,000. The impacts are even larger from a social perspective. In total, each new Puerto Rican high school graduate generates a present value social benefit of $598,000. We also calculate the impacts for selected states where Puerto Ricans are residentially concentrated. Finally, in light of these consequences, we consider possible reforms to raise the graduation rate for Puerto Ricans in the U.S.
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