Nearly 1 million teens have babies every year, and of these almost 7 out of 10 will drop out of school before completing high school. Less than 2 percent of teen moms go on to get a college degree. 80% of women who have babies when they are teens spend at least part of their life dependent on welfare, and they have serious disadvantages in achieving financial success and independence in life, largely due to their lack of education. Their children are also less likely to succeed in school and financially. Finishing school as a mom, where possible, attending trade school or college will increase the opportunities for teen moms and their children.