Some interesting information from research on students who took longer than four years to graduate from high school. The research was conducted by the Center for Public Education and can be found here.
The group followed 8th grade students from 1988 until 2000 and found "that late graduates do markedly better in all arenas than GED recipients and dropouts. Additionally, when the data is controlled to compare students of similar socioeconomic status and achievement level, late graduates come close to on-time graduates' achievement."
Highlights of findings include:
• Late graduates distinguish themselves not so much by enrolling in college, but in completing a degree. While they are not significantly more likely (59 percent) than GED recipients (51 percent) to enroll in college, they are much more likely to go on and obtain either an associates or bachelors degree.
• Late graduates are more likely than GED recipients and dropouts to be employed and to hold full-time jobs.
• Late graduates are significantly better off in terms of job benefits. Of the late graduates who were employed after 1994, close to two-thirds (63 percent) held a job that offered retirement benefits compared to just over half (53 percent) of GED recipients and less than half of dropouts (45 percent). Seventy-six percent of late graduates also had health insurance coverage compared to 66 and 61 percent of GED recipients and dropouts, respectively.
• Although late graduates are no more likely to be registered to vote than GED recipients, late graduates are significantly more likely to have voted in a recent election (40 percent versus 29 percent).
• Late graduates are more likely than GED recipients and dropouts to be non-smokers and to exercise more. There were no differences among the groups in drinking habits.
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