Monday, May 28, 2018

Why Invest In The Youth?

Investing in the youth is investing in a sustainable future. The youth represents the world’s hopes and dreams. And yet, it seems as if not enough effort and programs are being implemented to provide the young ones knowledge and skills and a healthy environment that would mold them into becoming positive contributors to society.

Image source: potentash.com

In fact, of the estimated 200 million unemployed individuals recorded across the world in 2014 by the International Labour Organization, 40 percent were 15 to 24 years old. While some of them had acquired hard-earned education and skills, they faced the unavailability of jobs or opportunities. Underemployment is still a challenge. These factors push up the number of NEETS (not in education, employment, or training).

Thus, investing in the youth means they receive proper education and training, and necessarily creating work or business opportunities for them.

In Minnesota, a study was conducted in 2017 about the economic gains of investing in the youth. The study showed that there was a return on investment rate of $2.72 dividend per dollar spent on quality youth programs. That number increases to $4.89 when it comes to high-risk youth. Conversely, the cost of not investing is significantly higher.

A high school dropout costs the nation anywhere from $243,000 to $388,000 —equivalent to $1.6 trillion in taxpayers’ money. This goes to show that we cannot afford to hold back investments in the youth and the future.

Image source: tribune.com.pk

Edgar Gonzalez advocates the welfare of the youth in several places including Anaheim, and supports philanthropic activities in line with this cause. For more discussions on participating in philanthropy, follow this Twitter page.

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