Do graduation rates make college an expensive gamble? If you’re going to spend thousands of dollars and years of your life in college, shouldn’t you almost be guaranteed to graduate? Many already have a hard time finding a decent paying job once the graduate. How is this acceptable for our society to allow this much failure to continue when the college loan debt is 1.5 T and 40% are delinquent?
The National Center for Education Statistics shows that only 13 percent of community college students graduate in two years. Within three years, approximately 22 percent of students graduate, and within four years, the rate stands at 28 percent. Further data from AIR shows that only about 60% of college students graduate from four-year colleges and universities within six years.
Guarantee to get a degree? Are you kidding? If you want to buy a piece of parchment, there are garbage institutions out there that will sell you one. If you want a piece of parchment that means something, you’ve got to prove you can do the work, know the material. No one wants to hire an engineer or surgeon who partied their way through X years, but got to graduate solely on the basis of having paid thousands of dollars.
You don’t pay for a degree, you pay for the opportunity to earn one.
Almost 50% of people aren’t earning one. Don’t you think that something is wrong here? Maybe the colleges need to stop accepting people who aren’t up to their standards.