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Ohio Alliance for Public Charter Schools
New Study Underscores Value of High School Diploma
February 8th, 2009
Taxpayers as well as individual students have a major stake in seeing to it that all students graduate from high school, according to a new University of Cincinnati (UC) study. The study, conducted by The Economics Center for Education & Research at the University of Cincinnati at the request of the Ohio Alliance of Public Charter Schools (OAPCS), shows that on average, each student failing to graduate from high school will end up costing Ohio taxpayers $3,909 per year from age 16 to 64, or about $191,500 over a lifetime. Based on this analysis, the cost to taxpayers of the 40,000 young people who drop out of school each year in Ohio is more than $156 million...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-08)
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