09/25/2023
"Remember how far you've come, not just how far you have to go. You are not where you want to be, but neither are you where you used to be."
Since March 23, 2020, Blacqtop Academy always wanted to bring youth financial literacy to the community and the school system. Today, we are filled with joy. We are excited to show the introductory video to the world. With one video at a time, we will change the scope of the world regarding financial literacy for the youth.
As a society (parents) we are teaching debt without evening knowing it.
Fun Fact:
Here’s a small sample of general statistics on college “graduates”:
• Overall dropout rate for undergraduate college students: 40%
• 30% of freshmen drop out
• The unemployment rate for college dropouts is 18.6%
• 40% of college dropouts come from families where the parents didn’t finish college.
• Students with the highest student loans are less likely to drop out than those with smaller or without loans.
• The lost annual income opportunity for those who drop out of college amounts to $3.8 billion
• Students younger than 19 years old are the least likely to drop out of college, followed by those over 30 years old
• Students between 20 and 29 are the most likely to drop out of college
• 35% drop out of two-year associate programs
• Only 10% drop out of four-year baccalaureate degree programs
These are statistics that speak loudly about other factors that contribute to student success and/or failure. It speaks about the high school system that produced them, impacts the income of their economy, how it increases unpaid debt, wastes government expenditure, represents opportunity losses for various sectors, increases government spending on unemployment and poverty, and merits scrutiny by both government and global institutions that are concerned with education as an instrument of economic upliftment.
Born Different,
Bulit Different
Blacqtop Academy