Graduation Rates

A report released last week by the National Center for Education Statistics describes graduation rates for the cohort that entered Title IV institutions in 2000. On average only 36 percent of those starting college in 2000 had received their Bachelor’s degree after 4 years. This increased to 53 after 5 years. Private not-for-profit schools have better graduation rates than public institutions or for-profit schools. Perhaps this is because private schools are more selective? It seems to me more likely that students get through more quickly because tuition is a lot higher and also because these schools typically provide better services to students.