Less High School Graduates Going To College

When the recession hit a couple of years ago, many high school graduated turned to college instead of taking their chances in the real world; this trend seems to be changing. The college enrollment rate of high school graduates in the U.S. dropped to 66.2% in 2012 in contrast to the 70.1% during the recession. An article in the Wall Street Journal reported that this may suggest high school graduates are becoming more confident in finding work in the job market although I cannot see how this would be the case. The unemployment rate is still currently high at 7.6% and only 88,000 jobs were added last month.

The unemployment rate for people without a high school diploma (ages 16-24) is 28.8% for men; it was 19.7% a year earlier. This statistic is worsened when you factor in the dropouts of the people in that age group from the workforce.

Evan Chang

Source:

The Wall Street Journal

http://blogs.wsj.com/economics/2013/04/17/smaller-share-of-high-school-grads-going-to-college/

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