Its a good thing that many public universities don’t have to worry about graduation rates like high schools do. A recent study of 68 colleges show many have graduation rates below 50%. The best schools have the highest rates and poor student don’t do as well. Freshmen are less expensive to educate than seniors due to class size which gives schools a financial incentive to produce drop outs. Graduates make 54% more than those with some college but too many see no reason to finish in four years.

Click here to download the article in the New York Times from 9/9/2009.

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