The 4-year graduation rate was one stat I really paid attention to when my kids were doing their college search. Both chose majors that should graduate in 4 years and I wasn’t looking to pay for extra years for reasons such as not being able to get classes (especially for kid #2, where we’re paying OOS). Luckily, neither kid had a significant change in major but if that had resulted in an extra year, conversations would have taken place as to who was going to foot the bill.
I’ve also noticed that a handful of my junior D’s friends at other colleges are actually graduating a year early. I’m assuming it’s because they did early college at their HS or had accumulated AP credits.