Childhood Poverty Cost U.S. $1.03 Trillion in a Year, Study Finds
Washington University in St. LouisChildhood poverty cost $1.03 trillion in 2015, about 5.4 percent of the gross domestic product of the United States, according to a new study from the Brown School at Washington University in St. Louis.“Impoverished children grow up having fewer skills and are thus less able to contribute to the productivity of the economy,” said Mark Rank, noted wealth inequality researcher.