How many students drop out of college?
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According to the Department of Education, the national graduation rate for any type of college(public, private or for-profit) was 55%. For Virginia, the rate was 64%.
What are the repercussions of dropping out?
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College graduates make more money; the graph on the right shows how much annual income people earned in 2010.
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Unemployment rates are higher for those without a degree. According to the Bureau of Labor Statistics, in January 2017, when the overall unemployment rate was 4.8%, the rate for dropouts was 5.3% while the rate for people with a degree was 2.5%.
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Becoming common in racial groups
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Dropouts earn less and therefore contribute less to the economy(taxes)
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More criminal justice costs (According to PBS, between the ages 16-24, incarceration rates were 63 times higher than college graduates
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Rely on public assistance and welfare
Why do they dropout?
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Becoming common in racial groups
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Dropouts earn less and therefore contribute less to the economy
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More criminal justice costs (According to PBS, between the ages 16-24, incarceration rates were 63 times higher than college graduates
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Rely on public assistance and welfare
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Lack of staff support
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Lack of financial support
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Homesickness
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Uncertainty about course and career
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College feels like a bad fit