October 24th and 25th at Alfred Lerner Hall, Columbia University
Health Returns to Education Interventions
Presenter:
Summary:
By increasing educational attainment, our society would also obtain dramatic individual health gains and government savings.
- Those who graduate from high school live over 9 years longer than high school dropouts – due to factors that include improvement in cognitive ability and decision-making, income, occupational safety and access to health insurance.
- The total lifetime health-related losses for the 600,000 dropouts in 2004 add up to at least $57.9 billion, or nearly $100,000 per student.
- The health of 18-year-old high school dropouts is similar to that of more educated persons over two decades older.
- Education interventions matter.
- America would save $41.8 billion in health care costs if all 600,000 dropouts in 2004 were to advance 1 year in educational attainment.
- 17% of those with less than a12 th grade education would be enrolled in some sort of public insurance. After promoting those students to a high school diploma, the predicted enrollment in public plans falls to 13%, for a savings of $8,000 per individual.
“The gains in health alone achieved via class size reductions and preschool programs may exceed the cost of such educational interventions.”