The Economic Benefits Of Reducing The Dropout Rate Among Students Of Color In The Nation’s Largest Metropolitan Areas
6:00 pm – 7:00 pm EST Washington, DC
Mike Fernandez, Vice President, Corporate Communications and External Relations, State Farm®
Richard Wells, Vice President, State and Community Dropout Prevention Summits, America’s Promise Alliance
Bob Wise, President, Alliance for Excellent Education
Michael Wotorson, Executive Director, Campaign for High School Equity
Years of data have consistently underscored the persistent graduation gap between America’s students of color and their peers. The most recent estimate shows that high school graduation rates for African American, Latino, and American Indian students hover only slightly higher than 50 percent. This is more than 20 percentage points lower than that of their white peers.
In addition to the moral imperative to provide every student with an equal opportunity to pursue the American dream, there is also a strong economic argument for helping more students of color graduate from high school. Lowering the dropout rate brings a range of benefits to a community, many of which most people do not realize. Graduating more students from high school can have a profound impact on increased earnings potential, home and auto sales, and other important economic indicators for communities and states.
Earlier this year, the Alliance for Excellent Education documented the benefits of reducing the dropout rate for all students in the nation’s largest metropolitan areas. Building on this work, it is now able to estimate the economic benefits of reducing the dropout rate among students of color in these metro areas. On July 7, the Alliance for Excellent Education and the Campaign for High School Equity hosted a live webinar to release these new findings and to discuss the challenges of improving high school graduation rates among students of color and what doing so could mean for local communities, as well as the students themselves. Following the discussion, panelists answered questions from online participants.
Speaker Biographies PDF
“The Economic Benefits of Reducing the Dropout Rate AMONG STUDENTS OF COLOR in the Nation’s Largest Metropolitan Areas”
“The Economic Benefits of Reducing the Dropout Rate in the Nation’s Largest Metropolitan Areas”
July 7, 2010 Press Release
Webinar PowerPoint Presentation PDF
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