Thursday, September 10, 2020

U.S. Could Be Losing $2.2 Trillion Annually Due to Low Adult Literacy Rate ▬ Barbara Bush Foundation

New Study Finds the U.S. Could Be Losing $2.2 Trillion Annually Due to Low Adult Literacy Rate
Barbara Bush: 9.09.20

A new study released today by the Barbara Bush Foundation for Family Literacy and Gallup examines the impact of adult literacy on the U.S. economy, finding that the nation could be losing up to $2.2 trillion annually due to low adult literacy rates. ▬

According to the U.S. Department of Education, more than half of U.S. adults aged 16 to 74 years old (54% or 130 million people) lack proficiency in literacy, reading below the equivalent of a sixth grade level. Literacy is linked to better health, higher levels of civic engagement and higher earnings in the labor market. This new research by Gallup, on behalf of the Barbara Bush Foundation, quantifies the massive gains in GDP growth within the U.S. at the state, county and metropolitan levels that could result from improving adult literacy rates.

“America’s low literacy crisis is largely ignored, historically underfunded and woefully under-researched, despite being one of the great solvable problems of our time,” said British A. Robinson, president and CEO of the Barbara Bush Foundation. “We’re proud to contribute to the collective knowledge base with this first-of-its-kind study, documenting literacy’s relationship to equity and economic mobility in the U.S.”

Low literacy prevents millions of adults from fully engaging in society as parents, workers and citizens, lying at the core of multigenerational cycles of poverty, poor health and low educational attainment. Nationwide, low-literate adults struggle to earn a living wage, participate in the democratic process, and manage their family’s health and finances simply because they lack the ability to read, write and comprehend.

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Key findings from the study include:

Improving adult literacy would have enormous economic benefits. Bringing all adults to the equivalent of a sixth grade reading level would generate an additional $2.2 trillion – or 10% of GDP – in annual income for the country.

Income is strongly related to literacy. The average annual income of adults who read at the equivalent of a sixth grade level is $63,000. This is significantly higher than adults who read at a third to fifth grade level, who earn $48,000, and much higher than those at the lowest levels of literacy, who earn just $34,000 on average.

Economic gains would be high in large metropolitan areas. The nation’s largest metropolitan areas – including New York City, Los Angeles, Chicago and Dallas – would all stand to gain at or just above 10% of their GDP by bringing all adults to a sixth grade reading level.  READ MORE ➤➤

Based on 7 readability formulas:
Grade Level: 10
Reading Level: difficult to read.
Reader's Age: 14-15 yrs. old
(Ninth to Tenth graders)



Adult

2020: Assessing the Economic Gains of Eradicating Illiteracy Nationally & Regionally in the United States, Barbara Bush Foundation for Family Literacy
2019: Adult Literacy in the United States, NCES 2019-179
2013: OECD Skills Outlook 2013: First Results from the Survey of Adult Skills, OECD
2009: Literacy of America's Least Literate Adults, NAAL 2003
2006: Literacy of America's College Students, AIR
2007: Literacy in Everyday Life, NAAL 2003
2003: National Assessment of Adult Literacy, NAAL
2000: Programs for Adults in Public Library Outlets, USDE, NCES
1992: National Adult Literacy Survey, NALS

State Reports
2017: Indiana Adult Literacy Study, Community Solutions Inc. for Indiana Library Federation


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