WHY WOULD PRIVATE PRISONS WANT TO REHABILITATE INMATES? by Prison Family Blog Contributor: Sharron Grodzinsky

Thanks to Jennifer and Inmates Matter Too for having me as a guest blogger!

Prisons For Profit

Something most people aren’t aware of is that for-profit private corporations now have contracts to manage over 120 prison facilities in the United States. They are paid by person per bed day. Most of them even have contracts with the government to pay for any bed days that are not used. For instance, the state of Virginia had a contract that guaranteed payment for a 95% occupancy rate.

These are private corporations that have boards of directors and stock holders. The higher the profit margin is, the more attractive the stock is. (Think Apple or Microsoft) A profit margin is generated simply by income minus expenses. Hello? What would that tell you about a company that makes it’s living from the incarceration of inmates? They will provide services in the least expense way possible, in order to increase their profit margin and raise the stock price.

Two of the largest…

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About Sharron

Author, blogger and professional seeker of new adventures. After spending many years in the healthcare field, I am now devoting my energies to writing. I have finished my first book, "Waiting on the Outside" and it will be published shortly. Writing is not an easy task, but if you feel the absolute necessity to write, then you are a writer! I am writing my second book, "The Last Thousand Miles" and I hope to have it out by the end of the year. A little ambitious I think, but if you don't aim for the sky you won't land there.
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