It needs to be remembered that across Canada and the U.S. there are all sorts of economic micro-climates. A teen in say coastal B.C., coastal Nova Scotia, coastal Maine or Coastal Washington State who has but a High School Diploma or perhaps hasn't graduated at all, has radically different job prospects and indeed a chance for a successful life than a teen with but a High School Diploma in Toronto, Detroit, Winnipeg, New York or Hamilton.
Further, I get the feeling that some here are the same sort of folks who think "awards night" is just fantastic - otherwise known as let us rub the noses of those for whom High School is the the end of the line or close to it, with the bursaries/scholarships of the class high-fliers who have gotten all their University expenses paid.