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What You Should Know About Higher Education

What You Should Know About Higher Education. First, what does the term “ higher education ” mean?. “Higher education” generally refers to college courses. A bachelor’s degree is a usually four-year college program.

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What You Should Know About Higher Education

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  1. What You Should Know About Higher Education

  2. First, what does the term “higher education” mean? “Higher education” generally refers to college courses.

  3. A bachelor’s degree is a usually four-year college program. • People with a bachelor’s degree will make $1,000,000 more than people with a high school diploma in their lives. Stop and think about what one million dollars can buy …

  4. The Majority of High School Graduates go on to College In October 2008, 68.6 percent of 2008 high school graduates were en- rolled in colleges or universities, according to data released today by the U.S. Department of Labor. About 6 in 10 recent high school graduates who were enrolled in college attended 4-year institutions.

  5. How Many Students Don’t Graduate? Each year almost one-third of high school students drop out.

  6. So What’s It Cost Us? Princeton University research shows that each dropout, over his or her lifetime, costs the nation approximately $260,000 (Rouse, 2005).

  7. And in the Next Ten Years? Unless students graduate at higher rates, more than 12 million students will drop out during the course of the next decade. The result will be a loss to the nation of: $3 trillion.

  8. The Costs are Heavy on the Nation and on Dropouts Themselves • High school graduates are less likely to commit crimes, rely on government health care, or use other public services such as food stamps or housing assistance. • Dropouts represent a tremendous waste of human potential and productivity, and reduce the nation’s ability to compete in an increasingly global economy.

  9. How does the U.S. rank among other countries in high school graduation rates? Among developed countries, the United States ranks eighteenth in high school graduation rates and fifteenth in college graduation rates.

  10. So Who is Dropping Out? • Graduation rates are much lower in districts with higher percentages of students who are eligible for free or reduced-price lunches (a measure of poverty). • The lowest-achieving 25 percent of students are twenty times more likely to drop out than the top students in the highest achievement.

  11. What’s another way in which the United States compares to other nations? According to The Washington Post … Universities in Asia recently produced half a million engineers, while U.S. universities produced less than 150,000.

  12. How Much College Makes a Difference? Any college experience produces more income and better benefits in the job market when compared with no college experience. The benefits of completing a bachelor’s degree or higher are particularly large.

  13. Education Pays The story told by this report is that higher education does pay. It yields a high rate of return for students from all racial/ethnic groups, for men and for women, and for those from all family backgrounds. It also delivers a high rate of return for society.

  14. In Conclusion The evidence of so many personal and societal benefits included in this report calls for more informed decisions about higher education.

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