According to a new study, refugees cost American taxpayers a serious amount of coin.
The Center for Immigration Studies discovered that the average refugee will cost the U.S. government $60,000 to $133,000 over the course of their life, with less-educated refugees between the ages 25 and 64 costing the most.
According to the CIS, refugee costs are increasing due to an influx of refugees who are poorly educated and will, therefore, require more government assistance over the course of their life.
Although refugees from earlier generations were often well educated, today's refugees have fewer than nine years of schooling on average. Because of their low earning power and immediate access to welfare benefits, recent refugees cost the government substantially more than they contribute in taxes, even over the long term.
Our best estimate of the average refugee's lifetime fiscal cost, expressed as a net present value, is $60,000, with those entering as adults (ages 25 to 64) costing $133,000 each. Perhaps this is a price that the United States should be willing to pay to further its humanitarian goals. However, resettlement in the United States may not be the most cost-effective means of aiding displaced people.
"The low education attainment level of so many of today's refugees means they need a great deal of government assistance. Given these costs, policymakers have to decide if it makes more sense to settle a modest number here or help many more people overseas," Steven Camarota, co-author of the report and research director for CIS, said, the Washington Examiner reported.
The report's findings come at a time when President Donald Trump continues to slash annual refugee admittance.
In fact, Trump capped refugee admittance at just 18,000 for fiscal year 2020, down from 110,000 during the final year of the Obama administration.