The cost of lost opportunity
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Roughly one‐quarter of Australia’s 19 year olds do not complete Year 12 and a similar proportion of 24 year olds are not actively engaged in work or education – and it’s costing the country billions in increased public expenditure on crime, health, welfare, housing and income support.
A major report by the Mitchell Institute has found lost opportunities cost also individuals in terms of employment prospects, wages and job satisfaction, and influence decisions on health, marriage, parenting, and roles as citizens.
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