"...college grads earn 45% more than high school grads."
So, not only should we assist in helping students get INTO college, we should be ensuring they are adequately prepared to FINISH college and earn that valuable degree.
The Forbes article is mainly about the high cost of undergraduate education, and repeats the oft-quoted average student debt at graduation: $25,000.(as of 2013)
Source: School For Scandal by A. Gary Shilling 12.25.06, 12:00 AM ET at http://www.forbes.com/personalfinance/retirementcollege/free_forbes/2006/1225/146.html
More Data, same subject:
Average Annual earnings by amount of education
Some high school $18,734
College degree $52,206
High school diploma $27,915
Advanced degree $74,602
Source: U.S. Census Bureau & Wall Street Journal
60% of high school graduates go directly to college.
Source: Quinn Report & Wall Street Journal
Even more good news about earning that college degree: you may have a lower unemployment rate. The U.S. Bureau of Labor Statistics notes that unemployment rates in 2008 were only 2.8% for people with a bachelor's degree, but 5.7% for people with a high school diploma. They offer a great chart here.
links verified 2/2011