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The
cost of delivering youth employment skills training is much smaller
than the cost to BC Taxpayers for welfare, unemployment, juvenile
detention or drug treatment. The estimated savings to society for
welfare is about $4500 a year, while drug rehabilitation costs can
run into the tens of thousands of dollars for some individuals.
The cost of youth services, courts, probation officers, juvenile
detention and imprisonment can easily add up to more than $100,000
a year.
The
future benefit to the local community for this small investment
in youth training is an employed citizen, who earns a higher income,
pays income taxes and can afford to buy consumer and investment
goods, such as a home or a car. The future income for a young adult
at the start of their work life will easily add up to more than
$ 1 million. In other words, a relatively small investment at an
early stage in the life of a young person has the potential to create
a large return on investment, in the form of an independent, self-sufficient
and productive member of the community.
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