David Leonhardt of the New York Times recently wrote an eye opening article entitled "Colleges are Failing in Graduation Rates." The full article can be found online at
http://www.nytimes.com/2009/09/09/business/economy/09leonhardt.html....
He mentions that at the University of Massachusetts, only 33% of freshmen graduate within 6 years. It's an extreme, but somewhat shocking statistic.
In his 2008 report "The Costs of Failure Factories in American Higher Education" Mark Schneider states: "The international reputation of many "marquee" universities and the high U.S. expenditures on postsecondary education mask a simple fact: American postsecondary graduation rates are low, and the costs of these failure factories to students and the federal government are high."
Clearly the reasons for the failure are vast. They are explored in detail...
Read the full article: http://www.interactyx.com/blog/colleges-are-failing
Jeffrey A. Roth
www.interactyx.com
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