U.S. Economic Activity Could Grow by Tens of Billions of Dollars If We Invested More in Single Mothers Attending College, Report Shows

In The News

By MIKHAIL ZINSHTEYN

The Institute for Women’s Policy Research, a Washington, D.C., think tank, calculates that single mothers who earn bachelor’s degrees pay $220,000 in additional taxes over their lifetimes compared with single mothers with just a high school diploma. Associate’s degree owners contribute $71,400 more, and single mothers with some college but no degree pay $35,000 more in taxes over their lifetimes.

Providing childcare just for the period during which all single mothers are in class — an estimated cost of about $14 billion — is projected to lead to societal benefits of $89 billion from increased wages and less reliance on public aid due to more single moms earning degrees or staying in college longer.

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