Trans World Assurance Higher Education Series: Graduation Rates
College is a great experience, but after four years, most parents hope their children will complete their undergraduate degrees and get on with their lives –either taking a job or beginning graduate school.
Here’s an amazing fact: according to a study “Degree Attainment at American Colleges and Universities” conducted by Alexander Astin and Leticia Oseguera of the UCLA Higher Education research Institute, students attending private colleges and universities are more than twice as likely to graduate in four years than their public school counterparts. In fact, the authors found that, in their study, just 28% of students at public universities graduated in four years, compared with 67% of private universities. Comparing private colleges was equally amazing: private college students in 197 nonsectarian, Catholic, and other Christian colleges were 2.2 times more likely to graduate in four years than the 7,457 public college students in the study.