Q4 2007 Statistics on College Student Drop Out Rates

 

(1) Financial Pressure Number One Reason Students Drop Out of University

 
Pie Chart: "Reasons Cited Amongst The 19% of 4 Yr College Undergrads Who Dropped Out"

- 38% Financial pressure

- 28% Academic disqualification

- 4% Distance from home

- 5% Health problem

- 3% Mental / emotional issues

- 9% Family support

- 13% Poor social fit

 

(2) Bar Graph : Credit Card Debt Causes Students to Work More

Four Year Student with Credit Card Debt Working Part or Full Time
Student Credit Card Debtor Working Part Time-- 65%
Student Credit Card Debtor Working Full Time-- 19%

Four Year Student with No Debt Working Part or Full Time
Student with No Debt Working Part Time --48%
Student with No Debt Working Full Time --11%

Survey conducted Q4 2007 in a survey of 14,500 students at fifteen colleges by Duck9 . Error margin +/- 2%.

 

 

(3) Bar Graph: "Student Loan Borrowers More likely to Enroll Full Time and Less Likely to Work Full" Time

(source National Center for Public Policy and Higher Education)

Enrolled Full Time
Borrowers who dropped out- 79%
Non-borrowers who dropped out- 51%

Worked Full Time
Borrowers who dropped out- 23%
Non-borrowers who dropped out- 40%

 

 

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