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Annual cost of child poverty for Puerto Rico

It affects the country’s productivity and coming at a great cost for all.

4,400

billion

$

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How much is child poverty costing us? What can we do about it?

Puerto Rico stands at a critical moment as it carves its future. The economic model that guided development for decades is no longer feasible and our children now carry an even heavier load over their shoulders.

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VIDEO

A Future of Child Poverty: How Much It Costs and What We Can Do About It

This report:

  • Presents evidence on the impacts of poverty on Puerto Rican children

 

  • Quantifies the annual cost of child poverty

 

  • Develops a road map to significantly reduce poverty in 3 to 10 years 

This report was possible through the contributions of Filantropía Puerto Rico and Anne E. Casey Foundation. 

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ESTUDIOS

How much does child poverty costs us?

Cost of Child Poverty, 2017 (in millions)

$5,000

$4,500

$4,000

$3,500

$3,000

$2,500

$2,000

$1,500

$1,000

$500

$0

$4,418

$1,969

$1,376

$1,072

Total

Lost earnings

Health

Crime

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COSTOS

Cost of Child Poverty and Cost of Solutions

Poverty Cost

Policy Cost

Policy Combination 1 Cost Comparison

$44,180

$20,090

$13,254

$6,474

$10,790

$21,581

Year 3

Year 5

Year 10

Poverty Cost

Policy Cost

Policy Combination 2 Cost Comparison

$44,180

$20,090

$13,254

$7,224

$12,041

$24,081

Year 3

Year 5

Year 10

Costo de la pobreza

Costo de la Política Pública

Policy Combination 3 Cost Comparison

$44,180

$20,090

$13,254

$8,314

$13,857

$27,714

Año 3

Año 5

Año 10

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GUÍA

Roadmap Towards Decreasing Child Poverty

Poverty Reduction Percentage at 10 year mark 100%

Number of children lifted out of poverty

Políticas

Maintain the local Earned Income Tax Credit at its current levels

Extend the Federal Child Tax Credit to families with one or two children

Create a Welfare-to-Work Opportunity Tax Credit

11,494 children

3.0%

Tax Policies

3.6%

13,793 children

4,215 children

1.1%

Tax Policies

Expand government-subsidized jobs for parents and youth

Create a universal child allowance program ($150 per child)

13,410 children

3.5%

Economic and Work Policies

8.3%

31,801 children

58,239 children

15.2%

Create a universal child allowance program ($100 per child)

Economic and Work Policies

Extend after-school programs to children in public schools

Introduce whole-family two-generation models to public schools

20,307 children

3.5%

Removing Barriers to Work Policies

1.7%

6,513 children

20,307 children

5.3%

Ensure access to early child development programs to all children aged 0 to 5

Removing Barriers to Work Policies

Develop a sector-based Work Training program

Revamp high school and associate degree completion programs

11,494 children

.3%

Human Capital Development Policies

.2%

13,793 children

Human Capital Development Policies

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We organized the proposed policies into 3 combinations:

Policy