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Tag Archives: taxpayers
High School Dropout Costs are High
Dropouts cost taxpayers between $320 billion and $350 billion a year in lost wages, taxable income, health, welfare and incarceration costs, among others. Those who don’t finish will earn $200,000 less than those who do over their lifetime, and $1 … Continue reading
Posted in Economy, Graduation Rates, Income Distribution, Inequality, Secondary Education, Socio-economic Status
Tagged dropouts, economy, educational attainment, fiscal burden, high school dropouts, income, income distribution, lifetime earnings, secondary education, taxpayers, unemployment
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Former Citigroup Chairman: Separate Investment Banking from Banking
Guess who’s added his name to the growing list of notable people suggesting that investment banking needs to be separated from banking? No less than former Citigroup Chairman and CEO Sanford Weill this morning on CNBC’s “The Squawk Box.” “What … Continue reading
Posted in Economy, Government
Tagged banks, break up, economy, Glass-Steagall, investment banking, risk, taxpayers, too big to fail, Volcker Rule
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