If 90 percent of Illinois high schoolers made it to graduation, the state’s economy would rake in hundreds of millions of dollars, according to a new study.
The Alliance for Excellent Education claims hitting that mark for just one high school class would create more than 3,000 new jobs and boost the state’s economy by $518 million.
“The best economic stimulus package for Illinois and the rest of the country is a high school diploma. That’s not only a launch pad for the individual student but also for the Illinois economy,” said Bob Wise, president of the Alliance.
The graduation rate for the class of 2012 in Illinois was 71 percent. Wise, the former governor of West Virginia, says raising that rate to 90 percent is achievable, calling a high school diploma “a necessity” in order to find a job in the current economic climate.