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Why It Matters to North Carolina and its Communites, Residents and Businesses
Providing access to high-quality education has obvious benefits for North Carolina's children. But improving education is a rising tide that floats all boats, providing benefits to the state and its communities, residents, and businesses.
Research shows that high-achieving public schools can help make states and communities more economically competitive and positively impact economic development. They have a positive influence on residential property values and population growth. Businesses are attracted to communities that have a growing source of customers and well-trained employees.
Here's the proof that everyone wins when all North Carolina students succeed in school:1
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On average, a high school graduates in North Carolina earns $8,095 more each year than a high school dropout does.
- The total lost lifetime earning for the 2011 class of North Carolina dropouts is $4.4 billion.
- The North Carolina's high schools were to graduate all students ready for college, the state would likely save as much as $168 million on college remediation costs and lost earnings.
- Of just half of North Carolina's dropouts had graduated, they would likely have provided the following economic benefits to the state: