Learning2Thrive@ | The ARC Process

Learning²Thrive@

A PLATFORM THAT FOSTERS A CULTURE OF
SUCCESS & COMPLETION IN HIGHER EDUCATION

“The long-term implications of a society with a growing number of low-income students attending public primary and secondary schools, but a shrinking presence of those low-income students finishing their postsecondary education are ominous…”

– McKinsey & Company (2007)

Among the 1,669 colleges and universities examined between 2007- 12, the collective lost revenue due to attrition was a staggering $16.5 billion.

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Of the 1.1 million full-time students who entered college in 2002, the 500,000 who failed to graduate within 6 years cost a combined $4.5 billion in foregone income from federal and state income taxes.

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Over a 5-year time frame, over $6.2 billion was appropriated to colleges and universities by states to help pay for the education of students who failed to return to school for a second year.

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The costs associated with late graduation at a public 4-year university is a loss of $68,000 per student per year for that school.

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Above are statistics from Neal Raisman’s report, “The Cost of College Attrition at Four-Year Colleges & Universities.” (2013)