Wednesday, January 13, 2016

Graduation Rates Vary by Type of College

Only 39 percent of students who start as full-time, first-time bachelor's degree seekers finish their degree in the allotted four years, according to the National Center for Education Statistics. The 59 percent majority completes the degree in six years, however. But the figure varies greatly by type of school...

Finished bachelor's degree in four years
Total institutions: 39.1%
Public institutions: 32.9%
Private, nonprofit: 52.9%
Private, for-profit: 23.4%

Finished bachelor's degree in six years
Total institutions: 59.2%
Public institutions: 57.2%
Private, nonprofit: 65.5%
Private, for-profit: 31.4%

Finished bachelor's degree in eight years
Total institutions: 61.6%
Public institutions: 60.3%
Private, nonprofit: 66.6%
Private, for-profit: 32.6%

Source: National Center for Education Statistics, Graduation Rates for Selected Cohorts, 2006-11; Student Financial Aid, Academic Year 2013-15; and Admissions in Postsecondary Institutions, Fall 2014, First Look (Provisional Data)

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