Monday, July 13, 2009

The statistics that colleges hate to share

CNN Money reports:
When you start searching for that perfect college for your child, you might think there’s plenty of information to help you with your decision. Just for starters, every college has a website that will give you all the essentials.

Take Stephens College, a private, four-year women’s school in Columbia, Missouri. A quick tour of its website will tell you that the college offers more than 50 major and minors, everything from English to event planning to equestrian science. Class sizes average just 13 students. Annual costs total $32,250, but nearly all students get some kind of financial aid. And the campus looks nice.

But what you won’t see without diligent searching is that half of Stephens students fail to graduate, even after six years. Not to pick on Stephens, which does mention that statistic deep in its website.
Can you say bubble?