![]() For another, reports show that 77% percent of people with a GED drop out of college after the first semester versus only 24% of those with a high school diploma. For one reason, it will be much easier to get into college with a diploma versus holding a GED. If you are thinking of attending college, you definitely want to make sure you get that diploma. According to the Bureau, people who have a GED have a 11% unemployment rate whereas people with a high school diploma are only at 7.5%. You Will Find a Job More Easilyĭespite what many people think, GED actually stands for general education development and not general equivalency diploma. A GED does not hold the same value as a high school diploma, and unfortunately a stigma follows those who have GEDs to be someone who can’t accomplish hard things. That’s about $9,300 dollars more a year you could earn just by getting that diploma! 2. You Will Make More MoneyĪccording to the US Bureau of Labor Statistics, people who have a high school diploma earn on average $179 more per week than those with a GED. If there is any takeaway from these stats, it’s that earning a high school diploma clearly has its advantages. For high school dropouts? The rate increases 12 percent. The unemployment rate on average for high school graduates is 8.5 percent. And $36,424 less annually than those who hold a bachelor’s degree. It’s also estimated that a high school dropout earns $ 19,200 less annually than a high school graduate. ![]() It’s estimated that nearly 750,000 students drop out of high school each year in the United States. ![]()
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