Facts About Colorado’s Children
Colorado ranks 21st on a composite measure of child well-being.
- 18% of children live in poverty, including almost 161,00 children under six
- 29% live in single parent families
- Almost 256,000 live in families where the only parent or both parents work
- 13% live in families where the household head dropped out of high school
- 51% don’t attend preschool
- 50+% of early care settings aren’t high quality
- 61% of 4th graders aren’t reading at grade level
- 25% of teens don’t graduate on time with a diploma
- In 2010 17,300 teens dropped out of high school
Costs to Colorado’s Economy:
$7500 – $11,000 in grade retention and remediation costs per child over the course of the school years.
$280+ million in health care costs over the lifetimes of each class of dropouts.
$52 million a year in college remediation costs and lost earnings due to poorly prepared students and dropouts.
$29,000 (approximate average) to incarcerate one person for one year, excluding all other costs associated with the criminal justice system.
Gains to Colorado’s Economy from Higher Graduation Rates:
The Alliance for Excellent Education estimates that, if half of the 17,300 students who dropped out in 2010 had graduated on time, these graduates would reap many benefits, including:
$119 million more earnings in a year than those without a diploma.
$88 million in additional spending in an average year.
$413 million in home purchases by mid-point in their careers.
From the increased earnings, spending, and investment of these potential graduates, Colorado’s economy would realize many benefits, including:
800 new jobs.
$151 million in growth by the mid-point of their careers.
$8.3 million in increased tax revenues on incomes and purchases annually.
Click here for data sources.