Published Online: March 29, 2011
Published in Print: March 30, 2011, as Graduation Rates

Report Roundup

Graduation Rates

"Education and the Economy: Boosting State and National Economics by Improving High School Graduation Rates"

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

A new reportRequires Adobe Acrobat Reader spells out the economic benefits that would come to individuals—and the entire nation—if the United States were to cut its dropout rate in half.

According to the report, if half of the 1.3 million students who dropped out of the class of 2010 had instead earned a high school diploma last year, they could collectively boost their annual earnings on average by $7.6 billion. That translates to an additional $5.6 million a year in spending and $2 billion in investments, according to the new calculations from the Washington-based Alliance for Excellent Education and State Farm Insurance, based in Bloomington, Ill.

By the midpoint of their careers, the report adds, those new graduates would likely purchase homes worth a total of $19 billion more than they would have spent had they not earned a diploma.

Vol. 30, Issue 26, Page 5

Related Stories
You must be logged in to leave a comment. Login | Register
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories

Viewed

Emailed

Recommended

Commented