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DRUG USE

Table 12. The Lifetime Costs of Dropping Out of High School (1993 $)


Total costs

Present value
(2% discount rate)

Present value
(10% discount rate)

Lost wage/productivity

$360,000

$186,500

$15,300

Fringe benefits

$90,000

$46,600

$3,800

Nonmarket losses

$113,000–450,000

$58,300–233,200

$4,900–19,200

Total

$563,000–900,000

$291,000–466,000

$24,000–38,300

Note: Numbers may not add to totals due to rounding.

Source: Cohen, Mark, The Monetary Value of Saving a High Risk Youth (1995).