The astounding cost of a high school dropout

Here’s a startling look at the high cost we all pay for every high school dropout:

1.03_Rethink_Infographic_600

The infographic was created by Rethink Education, a venture capital firm that invests in educational technology.

The information largely comes from a publication released last July 4 called “American Revolution 2.0: How Education Innovation is Going To Revitalize America and Transform the U.S. Economy.”  The 300-page work was produced by GSV Advisors, merchant bankers who encourage investment in educational innovation, and is well worth a good look.

Generally, we think of education as making a crucial difference in the lives of individuals. But as Tom Segal, an analyst for Rethinking Education, argues in a recent blog post, education is the lynchpin for society as whole.

What good is the economy without a learned population speaking a common language and operating at a high level? What good are human rights without a populace that knows the existing law and understands the cost/benefit analysis of change?

How can we have a legitimate discussion about tax policy if the majority of Americans do not understand where cuts would be coming from and how they would affect their lives? How can we spark change in the financial sector if the average citizen does not understand loans, interest rates, and basic budgetary planning? …

“Education” as a sector is about so much more than just “education.” It touches everything from Health to Economics to Defense. In other words, education spurs development and progress across the board.

 

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Posted on April 2, 2013, in Innovation, Philanthropy, Reading, Technology, Uncategorized and tagged , , , , , , , , , , . Bookmark the permalink. 1 Comment.

  1. Ellen Goodman

    Hopefully companies like IFL that work on early literacy will help
    change these dismal figures.

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