Eli Broad has put a ton of philanthropic energy and money into education; his foundation's site has some interesting statistics:
Assuming dropouts only spend two years in jail over their adult lives, then each dropout costs the government $45,200 + $? in arrest/court costs + $? in lost tax revenue = $100k (guessing $5,000 in arrest/court + $50k in lost taxes). I think the actual costs are much higher, but let's be conservative and say it's just $100,000 per dropout over their lifetime.
This means every year, the American government (American taxpayer actually) takes on an increased burden of $78 billion dollars just from the 65% of dropouts who will become convicts. Just for the dropouts since the year 2000, this burden over their lives is over $700 billion. To put that in context, the annual operating budget for education is $450 billion, which serves almost 50 million students. [See update below.] I couldn't find the data I wanted, but still believe that the burden on society is significant enough to warrant the investment below.
Why do students drop out of high school? The three most frequently-cited reasons are: family issues ~25% (pregnancy or becoming a parent), employment ~32% (couldn't combine school and work, or needed to get a job), and motivation ~69% (didn't care, no-one pushed them). How about this: two thirds said that they would have tried harder if more was expected from them (i.e. someone cared).
I recall hearing about a Big Brothers Big Sisters study that said effective mentorship requires a minimum 18 month commitment; less can actually do more harm than good. The quality of the mentor is of course also a critical factor. But if you're good and you stick around, the results are strong and positive - the mentee is more likely to complete and graduate school, etc.
Is there a common thread among the three main reasons kids drop out? They're not being counseled well about family planning, birth control, safe sex, etc.; there are no clear options for financial support for children in high school; there's no-one who believes in them, encourages them, and provides them with a model of how to achieve gainful employment. There doesn't seem to be one, but I think we can create it :-).
The program should begin early - say at age 8, and continue through high school graduation - this would get expensive (but I bet we'd not only improve graduation rates, but also student performance, and hopefully in a generation be able to claim that families were elevating themselves out of poverty because their children were graduating high school (potentially going on to community college or university), and earning a family wage. This organization might also become a student advocacy group, and argue for student rights across the board, but particularly in low-income communities. The business case is clear, the outcomes could be significant - I think we should pick a state and give it a try. UPDATE - I realize (thank you everyone for your emails and comments!) that I made a false assumption above - 65% of criminals are dropouts, not 65% of dropouts are criminals. I will correct this this evening.
The National Dropout Prevention Center proposes fifteen strategies for improving graduation rates (about twelve too many); if I were to pick three, besides the obvious ones (centralization and teacher improvement), my third pick would be mentorship, or as I proposed, "minternships."
Let's build a formalized mentorship program (using the Teach for America concept, we could call it "Reach for Americans") where students are able to receive not just counseling and support, but also a stipend (for community service or internships that pays enough to prevent the need to get a job). The mentorship must focus on both family planning/sex ed and of course motivation, support and inspiration to stay in school, graduate and succeed. Let's not make Reach for Americans (or whatever it'd be called) a .org - let's instead make it a .gov, that way it's not beholden to fund-raising, and students can count on the counselors being there always.
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