Valuation
Earnings gap for persistent truants in later life.
Description of financial proxy
Context
This financial proxy was used in an NPC study measuring the costs of exclusion and truancy, looking particularly at the work of School Home Start and The Learning Challenge.
Valuation Technique
Cost or income
Value
Earnings are on average 13% lower for truants. The peak absolute difference in earnings between truants and those with no history of truancy is �894 at age 31 (2003 prices)
Source
Income data from Prospects, Graduate and non-graduate earnings from the Labour Force Survey (Spring 2003); DfES (2003) Youth Cohort Study: The Activities and Experiences of 16 Year Olds: England and Wales 2002; DfES (2001) Youth Cohort Study: The Activities and Experiences of 21 Year Olds: England and Wales 2000.
Relevant Information
This is based on the findings that almost 60% of children who persistently truant fail to get any A-C grade GCSEs, and that 1 in 4 children who ruant get no qualifications at all.
Report Source
NPC, Misspent youth: The costs of truancy and exclusion here
Country
United Kingdom