Economic Effects of Dropping out of School
High school students normally drop out because of the effects of abuse, poverty, emotional issues, cognitive deficiencies, and a lack of support. Students in college are likely to drop out because of declining mental health. financial issues, or the readiness to begin their proffesional career. The job market has grown tremendously competitive therefore the economic effects of dropping out of high school or college are now more severe than ever.
Students who drop out of high school or college are often restricted to low paying positions, and get stuck at dead end jobs. Often have to start at the very bottom of the career ladder. Since many upper-level positions require specialized skills, and evidence of education. A study conducted in 2006 by the U.S. Bureau of the Census reports that the average high school dropout earns an average of $17,299 annually compared with $26,933 earned annually by high school graduates.
Students who drop out of high school or college are often restricted to low paying positions, and get stuck at dead end jobs. Often have to start at the very bottom of the career ladder. Since many upper-level positions require specialized skills, and evidence of education. A study conducted in 2006 by the U.S. Bureau of the Census reports that the average high school dropout earns an average of $17,299 annually compared with $26,933 earned annually by high school graduates.
Skills Gap
Many upper-level professional careers require a combination of computer skills, the ability to teach, critical thinking skills, the capability to analyze complex text, and/or apply theories. Since most drop outs do not have these skills this has a huge negative effect on United States productivity. Finding qualified employees is often a frustrating problem for companies. Experts say that by 2020 the United States will see a dramatic shortage of employees with the kind of skills necessary.
Costs and Benefits to society
High School Drop outs have a higher chance of feeling depressed, and hopeless about their situation, and turning to destructive coping mechanisms survival techniques. It can lead to bad behavior such as drug abuse, alchoholsm, and criminal activity. These destructive habits can have huge costs to society. High School dropouts were 63 times more likely to be institutionalized than college graduates. 75 percent of state prison inmates are High School drop outs.
Works Cited
Heath, Dianne. "Social Science Medley." Economic Effects of Dropping Out of High School or College ~. Social Science Medley, 30 Apr. 2011. Web. 10 Feb. 2013.