Giving Compass’ Take:
• BBC News reports on how providing mental health support for high school students in the UK can boost the economy, improving their future employment outlook and decreasing their likelihood to commit crimes.
• Could these lessons be applied to the US? Which interventions in place in Britain’s schools would work within our own education infrastructure, whether public or private?
Mental health counseling for primary school pupils who need it could provide long-term benefits for the economy, a study by a charity has suggested.
Pro Bono Economics estimates that every £1 spent on one-to-one counselling could return society £6.20 in improving future job prospects and cutting crime.
More than a third of this would be government savings from higher taxes and less spending on public services.
The analysis recognized that some children would have recovered anyway.
Andy Haldane, the Bank of England’s chief economist and co-founder of Pro Bono Economics, said: “An estimated one in 10 children and young people in the UK have a mental health condition. Without effective intervention, these conditions can have a significant impact on their life chances and result in significant long-term costs.”
Read the full article about youth counseling influencing the economy by Ian Westbrook at BBC News.
Education is a complex topic, and others found these selections from the Impact Giving archive from Giving Compass to be good resources.
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