Education directly affects the economy in multiple aspects. Large corporations are traveling overseas, so in which money is fluctuating outside the nation. The productions of new, innovative technologies are dwindling in the United States. The U.S. is failing as a nation. Neglect on education is the initial foundation from which the failure of this country originates from. Without emphasis on education, any country proceeds into a downfall of an economic depression. Education increases the likelihood, of a person to earn more and have more benefits for employment. One example would be a college graduate clearly having the better chance in earning more money and being more successful than a high school graduate. Education increases the chances for prosperity. Necessary knowledge is mandatory for specific occupations, such as engineering. A basic comprehension of engineering skills is necessary in order for people to work in this job field. So if an uneducated population does not know these basic engineering concepts, engineering corporations would travel to other countries for their businesses, in order to have an intelligent employee base. This is true in today’s world; a great example of this is in the east, in China, Japan and India. These lands are prospering due to their push in education.
Many students in the American system, each year are failing, due to their slothfulness and their sluggish attempt to try. When students fail a grade level, they hurt not only themselves, but also the economy. Delinquent students put a financial burden of having to add another extra year of tax dollars for every student who did not pass his or her grade. These students, most of the time, are the students that are raucous in the classrooms and tend not to obtain a high school diploma. This is one major reason for high school dropouts. So if retention was illicit, then possibly, a smaller percentage of tax money would be spent on these unsuccessful students.
The rate of high school dropouts are considerably at a new, all time high. All of these dropouts are now unable to continue their pursuit of an education for a better life. This percentage directly affects and drops the percentage of college graduation rates. Due to this, there now becomes a less intelligent population. Most of these dropouts from high school tend to lead a poverty driven, inferior life, which then leads to criminal activity to survive. These criminal activities then lead to dropouts taking up room in the jails, which then leads to more money wasted on jail facilities and guards watching over these criminals. Whereas if these high school dropouts did not drop out of high school, they would not lead to such mangled lives and end up in jail. These criminals would be out contributing to the workforce and being part of this economy instead of a drain. With more men in the workforce, a possibility of a more successful U.S. economy is more plausible.
Obtaining a high school diploma is an easy road to a prosperous life. Normally, a high school education leads to post-high school education which therefore smartens the workforce. Consequently, an educated workforce is able to work more intelligent jobs, bringing in more money and increasing the fluctuation of more money. On average, people that obtain a college degree make much more money, therefore, again contributing to the economy.
Every person in this country contributes to the money flow in the market. Every unintelligent scum bag sitting on the side of the road, deeply affects the economy of the country. This is due to money wasted on aiding this old, poverty-stricken man. These dropouts are a drain on U.S. tax dollars, by exploiting government resources. This money can be for education or other major things needed for this government and economy.
Many economists argue that higher education is a waste of money, and puts more of a financial burden on people and the economy by attempting for more education. Professors and universities are making profits out of penniless students attempting to gain an education instead of focusing on obtaining a job to work. Universities in this era show more interests in a student’s money, than actually giving an education to the student. Students are becoming penniless from attempting to gain additional education. A broken, poor college student would not be able to contribute in the money flow of the economy, since the economy needs money. An over investment of money in Universities for an education, is impairing the financial system. In the economy, there are other places where money is in dire necessity in order to subsist in this world. More tax cuts for businesses allows them to catch a break and possess more money, therefore contributing more to the cash flow.
Education is the solution to this economic crisis that the U.S. is experiencing. Lowering the high school dropout rates, raising the percentage of more college degree holders, will help lead the American economy back to prosperity. Students need an education while the economy needs the student for workers. The effort for students to endeavor and gain an education is necessary. The effort put out by teachers to aid and administer knowledge unto students is necessary. The effort from the political legislature to modify the education system is necessary. In order for the American population to survive, a need for better educations for today’s students is necessary.
