America's Obsessive Focus on College Degrees
1. In the U.S., the high school graduation rate is only 72%, and about 2/3 of those high school graduates go on to college. Of those students who start college, only about 60% will actually graduate within six years and the other 40% will likely never earn a college degree.
"The obsessive focus on a college degree has served neither taxpayers nor students well. The U.S. college dropout rate is about 40 percent, the highest college dropout rate in the industrialized world. That's a lot of wasted resources. Students with two years of college education may get something for those two years, but it's less than half of the wage gains from completing a four-year degree. No degree, few skills, and a lot of debt is not an ideal way to begin a career."
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