Social Costs of Not Finishing School

Posted on November 09 2007

Bill Gates retired from running his software empire in order to co-chair his education foundation. He recently spoke about the "social costs" of dropping out. Here's what he had to say:

"The social costs of students not completing high school are steep". Bill Gates Sr., co-chair of the Bill & Melinda Gates Foundation told the United Way of Greater Los Angeles last week, "each year's cohort of dropouts costs us $325 billion in lost wages, taxes, and productivity over their lifetimes. Dropouts are eight times more likely to be in jail or prison than high school graduates. Only a quarter of dropouts vote. The figure for high school graduates is half, and it's three quarters for college graduates."

Counting the cost, Gates is convinced "that solving the high school crisis" is America's "most pressing moral obligation and our most urgent domestic policy priority."

I agree with Bill. I'm proud to be associated with a school that offers a flexible and affordable route to an accredited high school diploma. Onward and upward!

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