Financial Effects

 Financial effects included poverty. This is a major effect because when someone dropout of high school they are more likely to live in poverty. This also affects their income and their chances to get a job. “Dropouts pay a high price, too. They are twice as likely to be unemployed and more than twice as likely as others to be in poverty.” This implies that dropping puts those people in risk of not having a job and depending on the government a lot for things like food stamps.


 Social Effects

Dropping out of school not only affect the individual, but also society. “Dropping out of high school can result in longfinancial losses not just for the individual, but for society as a whole.” This shows that when people dropout of school they’re not just affecting themselves they’re also affecting the economy.Dropouts contribute disproportionately to the unemployment rate. In 2001, 55 percent of young adult dropouts were employed, compared to 74 percent of high-school graduates and 87 percent of college graduates. This shows that college graduates and high school graduates have a better chance of being employed then dropouts.