Jump to ContentJump to Main Navigation
Closing the Opportunity GapWhat America Must Do to Give Every Child an Even Chance$
Users without a subscription are not able to see the full content.

Prudence L. Carter and Kevin G. Welner

Print publication date: 2013

Print ISBN-13: 9780199982981

Published to Oxford Scholarship Online: September 2013

DOI: 10.1093/acprof:oso/9780199982981.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 January 2021

The Cumulative Costs of the Opportunity Gap

The Cumulative Costs of the Opportunity Gap

(p.195) 14 The Cumulative Costs of the Opportunity Gap
Closing the Opportunity Gap

Clive Belfield

Henry M. Levin

Oxford University Press

Economists Clive Belfield and Hank Levin explore the overall costs of the cumulative opportunity gap. They examine the opportunity gap in terms of diminished lifetime opportunities for employment and income, as well as the social costs of having an undereducated workforce when students do not complete high school or beyond. They estimate that the economic benefit of closing the opportunity gap by just one-third would result in $50 billion in fiscal savings and $200 billion in savings from a societal perspective—by, for example, lowering rates of crime and incarceration. By point of comparison, they note, total taxpayer spending on K-12 education, including national, state, and local expenditures, is approximately $570 billion. Closing the opportunity gap is not simply a matter of equity and of adhering to core American values, Belfield and Levin argue; it also implicates our economic health.

Keywords:   Unemployment, poverty, income, economic costs, educated workforce, undereducation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .