The institutions with the lowest acceptance rates (less than 25%) recorded the highest retention rates.The institutions with an acceptance rate of less than 25% recorded a 97% retention rate. Colleges and universities with open admissions had a retention rate of 62%. Of the 57% of students who do not complete four-year colleges within six years, 33% drop out altogether.Īt four year institutions, first time, full-time degree students had the following statistics in the 2017/ 2018 academic year:.The average retention rate in American higher education institutions is 71%.Retention rates determine the proportion of students who come back to the same college in the next academic year. 79% of the students delay their graduations due to financial difficulties.Consequently, 51% of college dropouts drop out because of the lack of money. 55% of college students struggle to find financial support for their studies.A valued $3.8 billion is lost each year as a result of college dropouts.A college dropout earns 35% less than a college graduate per annum.College Dropout Statistics Revolving Around Finances Asian students have the lowest dropout rate. Male students have a 20% higher chance to drop out, than female students. Only 41% of students graduate in 4 years. 30% of students drop out in the first year. 40% of the college dropouts have parents who did not complete their higher education.Ĥ0% of students drop out of college every year in the US.Three ( 3) in every ten (10) students drop out after or within the first year in college.The percentage of students who receive federal grants and manage to graduate is 10% to 20% lower in public universities than in private institutions. Public universities have a higher than average dropout rate of 50%.In comparison 85% of students graduate successfully from high school.44% of students who take part in a four-year college course manage to graduate within the first six years.College dropout rates are 20% higher for male students in comparison to female students.12% complete college at a different institution.Only 41% of college students graduate in 4 years or less.College dropout rates average at 40% for undergraduate students.
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