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The Online Advisor

July 2009

Smart Business

Factor graduation rates into choice of college

As college costs seem to increase every year, you might want to look at graduation rates for the colleges being considered by your family.  After all, six years of college will certainly cost more than four.

A recent report from the American Enterprise Institute revealed that hundreds of colleges are failing to graduate their students in six years.  According the the report, "four-year" colleges in this country graduate an average of 53% of entering students within six years.  Individual colleges fall even below this national average, with some having six-year graduation rates as low as 30%.

Completing college within four years can depend on factors beyond the school's responsibility - factors such as student finances and ability.  Nevertheless, it's smart to consider graduation rates in choosing what college to attend.


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