Latest College Graduation Rates

Graduation Rates for Selected Cohorts, 2006-11; Student Financial Aid, Academic Year 2013-14; and Admissions in Postsecondary Institutions, Fall 2014 presents the latest data on these topics. Some key findings:

Graduation Rates

  • Approximately 60 percent of full-time, first-time students at 4-year institutions in 2008 who were seeking a bachelor’s or equivalent degree completed a bachelor’s or equivalent degree within 6 years at the institution where they began their studies (table 1).
  • When the time students were tracked for program completion was extended from within 100 percent of normal time to within 200 percent of normal time, graduation rates for undergraduates who were full-time, first-time students in 2010 increased from 18 percent to 36 percent at 2-year institutions and from 38 percent to 67 percent at less-than-2-year institutions (table 2).

 

Student Financial Aid

 

  1. Among full-time, first-time degree/certificate-seeking undergraduate students awarded any grant aid, differences in average cost of attendance and net price of attendance3 for the 2013-14 academic year varied by institutional sector (table 3). For those attending public 4-year institutions, average cost was approximately $19,000 and net price was about $12,100; for those attending nonprofit 4-year institutions, average cost was roughly $37,300 and net price was about $21,400; and for those attending for-profit 4-year institutions, average cost was approximately $27,200 and net price was about $21,900 (4)

 

 

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