High School Dropouts, Future Failures
Education is absolutely important; just like how payday loans are when it comes to your finances. Young people who don’t complete high school will face more problems in their adult lives than people who graduate. You must have at least the minimum skills and necessary credentials to properly function in today’s world. Despite the seriousness of having a diploma, many people don’t realize it or chose to simply ignore it.
The Problems with Dropouts
Many people don’t realize that this problem generally begins at home. Family problems are the leading factor in a young student’s life. Some parents show no interest in education and fail to provide guidance and support their children in studying. Other parents assume that sending their children to school and looking at their report cards is enough. However, studies have shown that parental involvement extensively affects a child’s performance in school.
Social problems are also a contributing factor. Some students will do everything or make up anything to avoid having to go to school. Without knowing, your child could be a victim of bulling or is constantly ridiculed by peers. Social problems can occur over ethnic backgrounds, religious preference or just having different morals and beliefs.
Another reason is work pressure. There many families that is in desperate financial need, unable to match with the living costs or obtain financial assistance such as enough state benefits, let alone payday loans. Therefore, the children are required to find work to help pay for household expenses. These problems are some of the most common reasons why young people are uneducated, unskilled and/or unable to perform their best in this corporate world.
High School Dropouts Cost States Billions

According to researchers, some 1.2 million public high school students drop out every year. In California alone, about 120,000 students fail to get a diploma by age 20. In truth, high school dropouts cost billions of state money.
According to the California Dropout Research Project, each annual wave of dropouts costs the state $46.4 billion over a lifetime because people without a diploma will most likely be unemployed, incarcerated, need state-funded medical care, apply for welfare and pay no taxes. Under the federal No Child Left Behind Act, high schools are required to raise their graduation rate each year by one-tenth of a percentage point, or sustain at least an 82.9 graduation percentage.
Researchers’ biggest complaint is that California does not have a system to accurately measure the dropout and graduation rates. California State Sen. Darrell Steinberg created the SB219, a law that will add dropout rates for grades eight and nine to the Academic Performance Index once the student-tracking system is in place. With fiscal crisis and a deteriorating economy, school districts and other agencies throughout the state are forced to put an axe to their budget.
No Credential, No Job, No Payday Loans
With the way the economy is going, we can easily get distracted. Of course the current economic crisis is a huge matter that needs immediate, extensive attention; but so are our children. How well they are educated will determine the kind of economic structure we will have in the near future. We can’t just depend on payday loans when hard times strike. Rather, train our children on money management techniques that will help significantly when financial hardships strike. Emphasize the importance of having the right skills and knowledge to properly function in today’s society.







How could anyone allow their child to not graduate High School, I mean the fact is they won’t be a very productive person in society if they don’t at least have a high school diploma or a GED. I mean I understand times are getting hard but if you allow your child to care more about money now when they are young they are more likely to settle with whatever they get rather than striving to succeed and never living up to their potential of making good money that will help support a healthy family environment for their children.