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From CNBC:
News Headlines
This new data further debunks emerging arguments that the U.S. should de-emphasize a college education. It is consistent with the already large body of evidence showing higher lifetime earnings and greater job stability for those who have college degrees.
High school dropouts on average receive $1,500 a year more from government than they pay in taxes because they are more likely to get benefits or to be in prison, according to a U.S. study released on Wednesday.
"Dropping out of high school before receiving a high school diploma places a substantial fiscal burden on the rest of society," wrote Andrew Sum of Northeastern University, an author of a study of Illinois and Chicago residents done on behalf of the Chicago Urban League and some education groups.
News Headlines
This new data further debunks emerging arguments that the U.S. should de-emphasize a college education. It is consistent with the already large body of evidence showing higher lifetime earnings and greater job stability for those who have college degrees.