School Bailout: Student Dropouts Are the Next Big Failing Financial Assets

The financial numbers around student dropouts are stark, Bob Wise and Marguerite Kondracke write.

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We must all do our part and work together to build on this momentum. The federal economic rescue plan is designed to calm a turbulent economy by supporting the most troubled financial assets. Failure to turn our nation's educational distressed assets—high school dropouts—into graduates will leave an even larger economic and human crisis.

Bob Wise , the former governor of West Virginia, is the president of the Alliance for Excellent Education, a Washington-based policy, research, and advocacy organization that works to make every child a graduate prepared for postsecondary education and success i n life. His book Raising the Grade: How High School Reform Can Save Our Youth and Our Nation was published this year by Jossey-Bass.

Since 2004, Marguerite W. Kondracke has been President and CEO of America's Promise Alliance, founded in 1997 by General Colin Powell. America's Promise Alliance is the nation's largest partnership dedicated to the success of young people. Recently, Marguerite was named on of the "Top 50 People of Power and Influence in 2008" by the NonProfit Times.

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