Over one million American students drop out of school every year – but is this a problem?
Apparently so. Recent research found that college dropouts are not eligible for 90% of new jobs, and they tend to earn half as much as college graduates when they do find employment. This shows that there is a clear link between education and financial success – but for many people, the cost and time to obtain a degree are a significant factor in their decision to avoid further education.
Here is why education is important for financial success, especially when it comes to financial education.