Passage 3:Students who fail to graduate from high school fac…
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Pаssаge 3:Students whо fаil tо graduate frоm high school face a very bleak future. Because the basic skills conveyed in high school and higher education are essential for success in today’s economy, students who do not receive these skills are likely to suffer with significantly reduced earnings and employment prospects. Among those over 25 years old who failed to complete high school or receive a GED, 55% report no earnings in the 1999 Current Population Survey of the U.S. Census compared to 25% of those with at least a high school degree or GED. For people reporting any earnings, the average income for those who left school without a high school diploma or GED is $15,334. However, for people with at least a high school degree or GED, the average income is $29,294. Students who fail to graduate high school are also significantly more likely to become single parents and have children at young ages. And students who do not graduate high school are significantly more likely to rely upon public assistance (welfare) or be in prison than students who do graduate from high school. In short, high school graduation is a very important predictor of young people’s life prospects. High school graduation rates are, therefore, also an important measure of the performance of our public school system. The better able schools are to provide students with the skills necessary to complete high school, the more successful the school system is. Given the strength of the relationship between high school graduation and students’ life prospects, graduation rates are at least as important as test scores in assessing the performance of our school system. Yet graduation rates have not received nearly as much attention as national test scores.Based on the information in this passage, the reader can conclude that people with a high school diploma or GED
Severаl yeаrs аgо, Parent, the recоrd оwner of a farm in fee simple absolute, conveyed the farm as a gift “jointly in fee to my beloved daughters, Jessie and Karen, equally, to share and share alike.” Parent delivered the deed to Jesse and Karen. The deed was never recorded. Two years ago, Jessie borrowed $60,000 from Credit Union, securing the loan by granting Credit Union a mortgage on her interest in the farm. Credit Union properly and promptly recorded the mortgage. Six months ago, Jessie Validly contracted to sell her one-half interest in the farm for $90,000 to Buyer, who was very anxious to acquire Jessie’s interest. Buyer paid Jessie $40,000 as earnest money and agreed in the contract to accept a deed with no warranties of any kind and to accept the title regardless of whether title was marketable. Buyer had no actual notice of the mortgage Jessie had granted to Credit Union. Two months ago, before closing the sale with Buyer, Jessie died, survived by Karen. A the time of Jessie’s death, the loan secured by Credit Union’s mortgage was still outstanding. Jessie’s will provided: “I give all of my real property to Devisee and all of my personal property to Legatee.” Both Devisee and Legatee survived Jessie. Last month, the executor of Jessie’s estate executed a deed purporting to convey a one-half interest in the farm to Buyer in exchange for the balance of the purchase price. The jurisdiction has a notice-type recording statute and a grantor-grantee index system.