The Importance of Researching High School Dropout Trends Essay

The Importance of Researching High School Dropout Trends - Essay Example However, the number of high school drop-outs is still high: The U.S. High school dropout rate is higher than Germany and Japan (Wooldridge, 1993). Drop-outs represent an economic cost to the country as a whole. According to the Alliance for Excellent Education, only about two-thirds of children entering high school will eventually graduate. In 2004, more than 2.1 million kids in the United States dropped out of high school in 2004, at a cost of "more than $325 billion in lost wages, taxes, and productivity over their lifetimes," (Holt 2006). That cost is just for the dropouts of 2004; it doesn't include the ongoing cost of dropouts from prior years, and doesn't begin to calculate the cost to the competitive advantage of the U.S. A closer look at the numbers reveals other trends. The U.S. Census shows that overall, Hispanic adults over 25 hold the fewest degrees, with just 58.4 percent reporting a high school diploma or higher degree. That trails the nearest minority group by far: 80.6% of African Americans over 25 have at least a high school diplomas, compared with 86.8% of Asians and 80% of Non-Hispanic whites (Education Attainment in the United States, 2005).