The 2015 statistics from the United States Department of Labor state that there is an unemployment rate of 9 percent for people without high school diplomas and a rate of 6 percent for those with high school diplomas (BLS Employment Projections). As of 2012, people with college degrees had lower overall rates of poverty, ranging at around 1.6 percent opposed to people with no high school degree, having around 10.0 percent rates (Heggeness and Hokayem, 06). The salaries for people who have attained high school diplomas, as of 2013, is generally between 30 and 40 thousand dollars, while people who have not received their diploma have salaries of anywhere between 20 and 30 thousand dollars (NCES Fast Facts). With the poverty level, as of 2013, for a family of four as $23,634, having a salary of anywhere between $20,000 and $30,000 can be quite difficult to manage when emergency expenses are factored into budget.
Poverty affects children in many negative ways like their education and preparedness for school, and their family life in terms of educational motivation. These things can both hinder a child 's future education and career causing them to be poverty stricken as adults. Being poverty stricken as a adolescent can affect education and can result in a person not receiving their college or high school diploma. This can …show more content…
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