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Tuesday, 1st December 2009

New Research Shows U.S. Economy Will Grow by Billions of Dollars if High School Dropout Rate is Reduced

New Research Shows U.S. Economy Will Grow by Billions of Dollars if High School Dropout Rate is Reduced
Source: Alliance for Excellent Education

New game-changing research conducted by the Alliance for Excellent Education (The Alliance) released today shows that the U.S. economy would grow significantly if the number of high school dropouts was cut in half.

Nearly 600,000 students dropped out of the high school class of 2008 in the nation's fifty largest cities and the surrounding areas. The Alliance's research shows that, if just half of those students had graduated, on average, they would have earned more than $4.1 billion in additional income every year. In addition, in these areas, state and local tax revenues in an average year would jump by a total of nearly $536 million.

+ The Economic Benefits of Reducing High School Dropout Rates in America's Fifty Largest Cities


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