Causes and Effects of High School Dropout
The globalization and economic liberalization in the twenty first century has enhanced the level of competition by opening up more avenues for success. One of the sectors of the economy that has been greatly affected by economic and trade liberalization is the labor industry. Through globalization, mobility of factors of production has resulted into stiffer competitiveness of the human capital. To remain competitive and relevant, it is important for an individual to possess the right technical and academic skills. This is attainable through education and training. However, contrary to the expectation of increase in school enrolment, there is a significant increase in rate of school dropout. This high school dropout rate has a number of interlocking and complicated consequences that should be addressed exhaustively in order to curb and avert the looming crisis.
Over the last decades, the number of school dropouts has been on the rise, especially among the marginalized communities. Most students with the potential and academic ability are denied the opportunity to pursue their dream careers half-way. This raises concerns and questions of the responsible authorities. In order to address this challenge, it is important to start by focusing on the root causes of the high school dropouts. The rise in the school dropouts is mainly believed to be caused by financial and economic challenges. Even though education is a basic need in the modern society, the scarcity of financial resources limits the economic and financial power of most parents to afford paying the rising cost of education. Such financial challenges force the students to drop out of school because their parents or guardians are financially crippled. Some students are forced to drop out of school because of the death of the parents or guardian, who were responsible for meeting the financial costs of the student’s education.
On the other hand, students often drop of school for other factors rather than economic or financial. Political instability is a common reason for the increase in the cases of school dropout. For instance, countries that suffer from coup and political instability are characterized by high school dropout. Most of the African countries with no political institution record the highest incidences of school dropout because such instability brings about insecurity and, hence, forces students to opt for drop out of schools to seek refuge elsewhere. Some students also drop out of school because of health and social challenges. Students with poor health conditions consider dropping out of school as the only alternative acting on a recommendation by a specialist. Social changes such as divorce, psychological factors, and stress are other potential reasons for high school dropout among students.
What implications do high school dropouts have on the economy? The rise in the rate of school dropouts has negative implications on the society as a whole. The main effects of school dropouts are economical. High school dropouts result into a significant decline in the production capacity of the economy, as the school dropouts have low economic productivity as compared to the learned or the trained. Secondly, school dropouts result into an increase in the rate of unemployment and low level of innovativeness and inventions in the economy. High school dropouts also pose a threat to security. This is because due to lack of employment opportunities for the unskilled, the school dropouts often engage in criminal activities as their only way of earning a living. In conclusion, the rising rate of school dropouts will have a long-term negative implication on the economic growth and development potential as it will lower the general production capacity of the economy. Therefore, adequate measures should be taken to reduce the rate of school dropouts in the society.