College Drop outs Are Costly

An American Institutes for Research report found that 493,000 students began college nationally in 2002 but did not earn a degree within six years, losing an estimated $3.8 billion in earnings in 2010, which would have generated more than $164 million in state income taxes. Virginia potentially lost more than $7.3 million in state income-tax revenue in 2010 due to college dropouts. (Richmond Times-Dispatch, 08/22/11)

3 comments on “College Drop outs Are Costly”

  1. Maybe some just went to school because a friend was going there! Maybe a motivator, but perhaps not a sustainable reason to remain in school.

    Maybe they discovered after a short time, that they were really interested in some other field. Maybe they ran out of $$$$$$. So many possibilities.


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