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Document Number: 7425

Hidden Benefits: The Impact of High School Graduation on Household Wealth - Several recent reports have highlighted the earnings gap between high school graduates and dropouts; however, earnings tell only part of the story. Families rely on income from salary for regular expenses, but real economic security requires accumulated wealth. Household wealth, also known as “assets,” is broadly defined as the accumulation of investments that appreciate over time. Education can be the key to higher earnings, but it is even more importantly linked to the accumulation of assets. On average, households headed by a high school graduate accumulate 10 times more wealth than households headed by a high school dropout. (Alliance for Excellent Education, February 2007) ...

Related Issues

Economic/Workforce Development

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