I remember how my parents used to remind me when I was younger to finish my college education no matter what. We were very poor but they valued education more than anything else. I did not know what they meant back then but in time and through experience, I started to see what they have been lecturing through the years. If not for their constant reminders, I would have been part of the drop-out statistics. For their constant reminders, I am forever grateful to them.
Philippines has a high literacy rate among the developing world but this rate has long been considered questionable quality-wise. Its government offered free education up until secondary level for several years now. However, the drop-out rate increases as the level of education increases. Research studies indicate that poverty is the biggest contributory factor in the drop-out rates in education.
It came as a big surprise for me though to see that even developed countries like the USA has the same problem as ours as can be seen in the graphics below..