Students Beware | College Drop-Out Rate 54%
April 11, 2008 10:52 am Student Loan ConsolidationCollege Drop Out Rate - Staggering 54%
According to the Department of Education, recent statistics show
that over 54% of college students drop out by year six. The break
down shows that 30% of freshman student drop out the 1st year,
with sophomore dropping out at a rate of 18%. By the sixth year a
staggering 54% of students drop out.
That is an large amount of money being wasted each year, with the
students defaulting on their student loans & destroying their credit
ratings, its an ugly mess.
MARK SANDS
