There is no federal GED bonus and that’s a shame.
But shouldn’t there be a GED bonus? If the federal government paid someone a bonus for passing the GED, would it help? Let’s say they paid at least $2500 as a bonus to someone passing the GED. Would that encourage you to study, take the test, and pass it?
High School Dropouts cost Thousands of Tax Dollars
Since you’re probably a high school dropout reading this you already know the road is hard for a high school dropout.
- Work is hard to find without a high school degree.
- Even if you find work, you don’t earn as much as a high school graduate.
- Your dropout friends are more likely to get laid off at work, go on welfare, or sadly, end up in jail. As a high school dropout, you hope that will never happen to you.
Kevin is a GED Success Story
During a recent corporate training class I met Kevin.
Kevin is about 25 and dropped out of Chicago high schools at age 17. But then he passed the GED test at age 18 and the next year joined the U.S. Army. When his Army enlistment ended, he returned to Chicago, returned to school, and works part-time jobs until he finishes junior college.
Kevin is a rock solid citizen, going to school with his military benefits, and working part-time.
If you are a high school dropout reading this blog post, you hope to be Kevin one day: a GED success.
Why do High School Dropouts Need a GED Bonus?
I think they need a dollar bonus for passing the GED because I think it will motivate students to enroll in classes, study, schedule the GED test, and pass the GED test. I think it will work.
The U.S. government (and state governments) waste a lot of tax dollars on programs people are too embarrassed to even discuss. I think a GED Bonus Program would save money, lots of money in the long term.
“Won’t students drop out of high school just so they can pass the GED and get a bonus?”
I don’t think so.
Just set the GED bonus program to begin at age 25. I don’t think anyone in their right mind will drop out of high school, suffer through 7 years of low paying jobs, just to pass the GED at age 25 and get a $2500 cash bonus.
If not Cash, How about a $2500 Tax Credit?
Now maybe some politicians don’t want to pay a high school dropout over the age of 25 $2500 to pass the GED. I get that, I understand that.
Why not a tax credit of $2500?
When someone passes the GED test at age 25, they are given a U.S. tax credit of $2500. What does that mean?
It means that they can deduct $2500 from their gross tax income and will be taxed on a lower rate. For most people with a GED that will amount to about $750 to $1000 less that they need to pay in taxes. Still, that’s real money.
Write President Obama, Write Your Congressperson
The states have no incentive to pass the GED Bonus Program. Each state hopes high school dropouts will disappear. They also don’t want to help someone pass the GED if they’re going to move to another state. Ultimately, high school dropouts are invisible to most politicians.
Each person who passes the GED test costs U.S. taxpayers a whole lot less money.
And when you pass the GED test, a world of better paying jobs opens up for you. Write or call President Obama, your U.S. senator, or your U.S. representative today: pass a GED Bonus Bill.