About 1.2 million public high school students drop out every year

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.

There are many reasons why you might use quick payday loans. An unexpected bill can arrive at an inappropriate time, or maybe your car breaks down and you won’t be able to get to and from work because of the lack of extra funds to cover the cost. People use quick payday loans in emergency situations. Not only can they save you money by helping you avoid bounced checks and late fees on a bill, but they can help get you out of a heartrending, disastrous situation. I would like to share a story of a really great friend of mine.

Best Friends Forever

Megan grew up in a loving home in Parker, Colorado. Although she was raised in a family that did not indulge in many of the material luxuries in life, such as fancy cars and mansion-like homes, she was the happiest kid on the block. Megan, along with her two sisters and a brother, were the most polite and well-behaved children I could remember during my childhood. They were thankful and treasured every little thing they had. I met Megan in my second grade class and became friends immediately. We went everywhere together; school, church, and every recreation event. For almost two years, for extra money, we even waitressed at the same restaurant. I became a part of her family as much as she became a part of mine.

We Said Goodbye and Went Our Separate Ways

Megan’s father was a school bus driver and her mother worked as a housekeeper. Although both her parents had never completed high school, education was a must in their family.  Not only were they polite and well-behaved, they were the brightest kids I knew. Come to think of it, Megan was always my tutor during my high school days. If I had a question or was unsure of something regarding any school assignment, I was sure I’d find peace of mind through Megan and her family. We went our separate ways after high school. Megan was offered a scholarship to attend one of the best schools, and considering the fact she came from a family that was in need of an extra cash flow, she was thrilled to be offered such an opportunity. We tried to stay in contact and exchange on-line memos as much as possible. After a period of time, I received an unexpected call from her, excitingly announcing her engagement with “the sweetest guy” she’d ever met. After her marriage, our relationship was put on a complete halt – until our reunion last year. I would never have guessed what she had endured.

What Really Happened?

A couple months into her marriage things got pretty ugly. It turned out “Joe” was not the man she thought he’d be. She was his prisoner, restricted from the world. Fortunately, she was able to keep a part-time job. Since she was cut off from her family, friends and her personal assets, her situation only got worse. It breaks my heart just thinking of it. She detailed the terrible aspects of her marriage (which I prefer not to enclose) and how she found the strength to escape.

Hope, Recovery, and Quick Payday Loans

Bottom-line is I’m glad Megan is doing better now. She would not be here today if she hadn’t escaped when she did. Her scars are still visible, but if it weren’t for the help of loyal friends, their support and a couple of quick payday loans, she probably would not have had the chance for her wounds to heal. Payday loans have saved many people from heading towards a tragedy and have also provided assistance to recovery – even with something as devastating as Megan’s.