Quote:
Originally Posted by OrangeBlossomBaby
Most 17-20-year-olds who drop out of high school, won't get a full time job with benefits with no experience, and no GED. If they're lucky they'll find a part-time 20-hour-a-week job with no paid sick time and no health insurance.
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87% of students graduate high school within 4 years.
COE - High School Graduation Rates
A significant number go on to college or trade school.
We are talking averages here.
If you focus on the small minority that don’t graduate high school, I agree that their earnings may be below average in the above example.
However, if 87% graduate high school and most of them go on to higher education, then the vast majority of those people will probably have average earnings and if allowed to invest in the market, they will probably have a significant amount of money when they retire.