$1.4 Billion: The Price of Failure?
A recent Alliance for Excellent Education report found that the US spends $1.4 billion a year on remedial education for students who graduate high school without the preparation needed to succeed in higher education.
Add that to the $2.3 billion our nation loses because remedial reading students are more likely to drop out from college and produce less value for the economy and you're suddenly talking about real money. How much money? Well, $3.7 billion dollars could buy you:
