America’s declining college graduation rates have been the subject of many a political speech or hearing lately. President Obama set a long term goal for his administration to restore America’s prominence in the percentage of its citizens with college degrees. When you examine the research literature regarding student attrition, persistence, or graduation rates, there are thousands of publications and numerous dissertations written about some aspect of those topics.
The Delta Cost Project recently released a report titled, “Trends in College Spending: Where Does the Money Come From? Where Does it Go?” The report is enlightening given the well-documented increases in college costs combined with the current financial crisis.
The Forward to the report, written by Delta Cost Project’s Executive Director, Jane Wellman, notes that “Our country needs to increase capacity and improve performance in higher education.