Counting the costs of lost opportunity in Australian education

Education

This Mitchell Institute report estimates the economic and social costs linked to early school leaving and not being actively engaged in work and study in the year after completing Year 12. The costs related to disconnection from education affect not only career aspirations, prospects and income, but also influences decision-making in relation to parenting, health and citizenship. The cost to taxpayers of having 38,000 19-year-olds – about one in four – not achieving their Year 12 certificate is estimated to be $315 million each year and more than $12.6 billion across a lifetime.

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