What is the real cost of incacerating people in the U. S.

Over the past 30 years, the United States has experienced explosive growth in its incarcerated population. The Pew Center on the States reported in 2008 that more than 1 in 100 adults is now behind bars in America, by far the highest rate of any nation.1 The direct cost of this imprisonment boom, in dollars, has been staggering: state correctional costs quadrupled over the past two decades and now top $50 billion a year, consuming 1 in every 15 general fund dollars.

The findings in this report should give policy makers reason to reflect. The price of prisons in state and federal budgets represents just a fraction of the overall cost of incarcerating such a large segment of our society. The collateral consequences are tremendous and far-reaching, and as this report illuminates with fresh data and analysis, they include substantial and lifelong damage to the ability of former inmates, their families and their children to earn a living wage, move up the
income ladder and pursue the American Dream.

Collateral Costs: Incarceration’s Effect on Economic Mobility is a collaborative effort between Pew’s Economic Mobility Project and its Public Safety Performance Project. The report examines the impact of incarceration on the economic opportunity and mobility of former inmates and their families. In addition, Collateral Costs examines the prison population by race/ethnicity and educational levels. It finds that incarceration reduces former inmates’ earnings by 40 percent and limits their future economic mobility and that one in every 28 children in America has a parent behind bars, up from one in 125 just 25 years ago.

Link:
http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Economic_Mobility/Collateral%20Costs%20FINAL.pdf