Education is key to breaking the cycle of poverty and moving up the economic ladder, but 49% of all sheltered parents don’t have a high school diploma compared to 20% of all New Yorkers.
Female New Yorkers with a high school diploma or GED earn 94% more over their lifetime than those without either.
Lifetime earnings with high school diploma or GED: $753,988
Lifetime earnings without high school diploma or GED: $389, 156
Sources: Institute for Children, Poverty and Homelessness, National Family Homeless Database; U.S. Census Bureau, 2011 American Community Survey 1-year estimates, Table DP02; Paul Harrington, Labor Market and Fiscal Impacts of Educational Attainment in New York City, “Multiple Pathways to Success: Graduation and Beyond” New York City Dropout Summit, 2009.