If Bill Cosby Goes To Jail, Hell Be One Of Many Older Americans In The Prison System

Comedian Bill Cosby is facing 30 years in prison, and when he starts his sentence he will be far from the only senior citizen there.

A jury found 80-year-old Cosby guilty Thursday of drugging and assaulting a woman 30 years younger than him in 2004, though he has been accused of doing the same to about 60 other women. The date for his sentencing has not yet been announced. His attorney said he’ll appeal the verdict.

See: When rich ‘bros’ like Martin Shkreli get sent to prison, they call these wise guys first

About 11% of the U.S. state and federal prison population (or 160,000 people) is over 55 years old, 38,000 of whom are older than 65. By 2030, that figure will rise to 33%, or more than 400,000 people age 55 and older in prison, according to the American Civil Liberties Union. The number of prisoners 55 and up has jumped 400% between 1993 and 2013, according to the Bureau of Justice Statistics.

Why? Because older prisoners, like Cosby would be, are serving longer sentences (mostly for violent offenses) and because the number of older people admitted to jails has increased, according to the bureau’s 2016 report. Sentences are usually longer for older people than other prisoners: older ones saw an average sentence length of 82 months (six years and 10 months) in 2013, compared to prisoners 18 to 39 who had an average sentence lof 69 months (five years and nine months), according to the ACLU. For inmates aged 40 to 54, it was 71 months (five years and 11 months). Admission of people 55 and older increased 82% between 2003 and 2013. The government is also instituting longer sentences and more limited parole, according to the ACLU.

Also see: A man was sentenced to prison for trying to hack Trump’s tax return

Prisons are transforming to accommodate an older inmates. Some states have installed wheelchair ramps and shower handles, while others have created assisted living centers with full-time nursing staff, according to Pew Charitable Trusts. At least 75 prisons include hospice care, too.

And when older inmates do make it out of prison later in life, they often don’t have the means to generate retirement income. About 69% of previously-incarcerated older Americans said they felt anxious about retirement savings, compared to 52% of those who didn’t serve time, according to a 2017 Associated Press-NORC Center for Public Affairs Research poll.

RECENT NEWS

The Penny Drops: Understanding The Complex World Of Small Stock Machinations

Micro-cap stocks, often overlooked by mainstream investors, have recently garnered significant attention due to rising c... Read more

Current Economic Indicators And Consumer Behavior

Consumer spending is a crucial driver of economic growth, accounting for a significant portion of the US GDP. Recently, ... Read more

Skepticism Surrounds Trump's Dollar Devaluation Proposal

Investors and analysts remain skeptical of former President Trump's dollar devaluation plan, citing tax cuts and tariffs... Read more

Financial Markets In Flux After Biden's Exit From Presidential Race

Re-evaluation of ‘Trump trades’ leads to market volatility and strategic shifts.The unexpected withdrawal of Joe Bid... Read more

British Pound Poised For Continued Gains As Wall Street Banks Increase Bets

The British pound is poised for continued gains, with Wall Street banks increasing their bets on sterling's strength. Th... Read more

China's PBoC Cuts Short-Term Rates To Stimulate Economy

In a move to support economic growth, the People's Bank of China (PBoC) has cut its main short-term policy rate for the ... Read more