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Teen mental health crisis costs U.S. economy a shocking $52 billion in lost potential

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In a nutshell Teens who experience significant psychological distress earn $5,700 less annually in their late twenties and accumulate $10,800 less in savings by age 30 compared to their peers A program reaching just 10% of at-risk teens could generate $52 billion in federal budget benefits over ten years through increased workforce participation alone Current federal investment of $60 million annually in mental health infrastructure falls
The article from MSN discusses a study revealing that the mental health crisis among teenagers in the U.S. has led to an economic loss of approximately $52 billion due to lost potential. This figure accounts for the costs associated with reduced future earnings, increased healthcare expenses, and the burden on social services due to untreated or poorly managed mental health issues among teens. The study highlights the urgent need for investment in mental health services for adolescents, pointing out that conditions like anxiety, depression, and suicidal thoughts are increasingly common, exacerbated by factors such as social media, academic pressure, and the effects of the global health crisis. The economic impact underscores the broader societal implications of neglecting youth mental health, suggesting that early intervention could mitigate these costs by fostering a healthier, more productive future workforce.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/health/other/teen-mental-health-crisis-costs-u-s-economy-a-shocking-52-billion-in-lost-potential/ar-AA1xro7i ]