College Dropouts Cost Billions in Lost Income and Taxes, Study Finds

By Molly Redden

When students drop out of college, they lose many opportunities to better themselves. What's less well known is the broader economic costs of not completing college, but a report released on Monday offers a snapshot.

The nearly half a million dropouts in one recent year, according to the report, gave up some $4.5-billion in income they would otherwise have earned and taxes they would have paid.

The report,