Welcome to the Profit of Education website. Continuing the conversation begun in the book Profit of Education, we discuss the latest economic evidence on education reform.

College graduation

While this blog is mostly about K-12 education, some of the rhetoric you hear nowadays tends toward the idea that the goal of K-12 is “college readiness.” Regardless of whether you’re in agreement with “college readiness” as an over-riding goal, I’d like to point out that being ready to start college is an entirely different kettle of fish from being ready to complete college.

Here’s a graph showing the fraction of students who complete a 4-year degree within 5 years of having started a 4-year college, the horizontal axis giving the year in which the students entered college.

5 year graduation rates

You’ll see that the numbers are up. But that means that about half of entering men, and a moderately higher fraction of women, actually complete their degree. More than a third don’t.

What do you think of the following: High schools should not only report how many of their students they send off to college; they should also report how many complete their degree.

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One Response to College graduation

  1. Nordy says:

    What do you think of the following: High schools should not only report how many of their students they send off to college; they should also report how many complete their degree.

    Would that really tell you anything about the education provided by the high school? My sense (would like to have hard data to back up), is that most college dropouts are due to external, non-academic factors. I don’t know that a high school should be held responsible if a former student is unable to pay bills, or develops a drinking problem.

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