Thursday, January 04, 2007

The Minimum Wage and Dropout Rates

In the process of making several well reasoned arguments in opposition to the minimum wage, George Will provides the following tidbit:

Raising the minimum wage predictably makes work more attractive relative to school for some teenagers and raises the dropout rate. Two scholars report that in states that allow people to leave school before 18, a 10 percent increase in the state minimum wage caused teenage school enrollment to drop 2 percent.

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