If the high school students who dropped out of the Class of 2011 had graduated, the nation’s economy would likely have benefitted from nearly $154 billion in additional income over the course of their lifetimes, according to the Alliance's issue brief, The High Cost of High School Dropouts: What the Nation Pays for Inadequate High Schools.

Teachers are crucial to the success of our students. Yet many of them are leaving their schools and the profession every year, particularly in poorer, lower-performing schools. Several studies have attempted to identify why teachers leave and how to stem their turnover, but few have identified the quality of teachers who are departing. As in any profession, not all attrition is bad, but whether bad or good, it has financial ramifications. This brief explores the costs associated with teachers leaving the profession and their schools, the characteristics of those likely to leave, and what can be done to prevent unnecessary and costly turnover.

Hidden Benefits: The Impact of High School Graduation on Household Wealth demonstrates that if high school dropouts who currently head households in the U.S. had instead earned diplomas, the nation’s economy would benefit from an additional $74 billion in wealth accumulated by families. The wealth gap between high school dropouts and high school graduates is even more severe than the better known income gap.

Healthier and Wealthier argues that higher educational attainment improves a student’s future income, occupational status, and social prestige, all of which contributes to improved individual health. The brief cites several reasons why, including the fact that Americans with higher educational attainment have more insurance coverage, individuals who lack health insurance receive less medical care and have poorer health outcomes, and lower education levels generally lead to occupations with greater health hazards.

Reforming the nation’s high schools could potentially increase the number of graduates and, as a result, significantly reduce the nation’s crime-related costs and add billions of dollars to the economy through the additional wages they would earn. Increasing the graduation rate and college matriculation of male students by only 5 percent could lead to combined savings and revenue of almost $8 billion each year.