Privately-run prisons in the U.S. have become an increasingly popular way for states to cut costs, but a recent study finds that inmates actually stay longer in private prisons than in state-run correctional facilities.
A study by Wisconsin School of Business assistant professor Anita Mukherjee found that inmates held in private prisons in Mississippi from 1996 to 2004 served 4% to 7% longer than inmates serving similar sentences in public prisons. Mukherjee’s study, which is currently under review, appears to be the first to compare time served between public and private prisons.
The U.S. private prison industry is thought to be worth $5 billion a year, with facilities increasingly used by cash-strapped states dealing with overcrowded public prisons. In Mississippi for example, whose 20,000-strong prison population gives it one of the highest incarceration rates in the country, about 40% of inmates are housed in private prisons.
While it makes financial…
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