A student who fails to graduate from high school experiences a tremendous loss of income over a lifetime. According to “Grad Nation, A Guidebook to Help Communities Solve the Dropout Problem” (commissioned by America’s Promise Alliance, February 2009), their estimate places this at $250,000 less than a high school graduate would make, and $1 million less than a college graduate makes.
Drop outs have a more difficult time finding a job, and a greater tendency for unemployment and chronic and cyclical unemployment. Because of significantly lower earning potential, they have a higher incidence of living in poverty than graduates. They may live in poor neighborhoods, neighborhoods with poor schools, with high crime rates, and a lower quality of housing. They may have less medical and dental care. Those who drop out may also tend to have children who have less aspiration for education, or drop out themselves. Read more.