Retention Rate In College Essay

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News media reports that two of the top metrics for colleges and universities are the retention rate and the graduation rate (US News & World Report, 2016). From a student’s point of view, the statistics may not seem important; however, these figures heavily influence the cost of college. “Retention rates correlate with institutional enrollment, financial resources, and graduation rates” (Bosco, 2012, p. 4). Freshman students are often unprepared for the amount of work required when attending their first college class. This can lead to a high level of stress and the lack of parental support available due to being away from home can cause many students to reconsider and drip out of college. In addition, many college do not have the resources available or lack sufficient support for their newest students; even more, the resources available may not address the systematic issues students are facing. Overlooking these …show more content…

This requires diligence and efficiency from all parties involved. When colleges lose students, they face the consequence of losing funding and revenue. Statistics show that only 58 percent of the entering freshmen graduate from the same college within six years (Veenstra, 2009). Lower retention rates increase the financial burden for colleges and decreases the opportunity grow or generate new courses. In addition, lower retention rates can lead to an inability to sustain programs and facilities. Apart from the financial aspect of the student’s value to the university, a diverse student body brings diverse ideas that are extremely valuable in a classroom setting (Veenstra, 2009). Moreover, colleges prepare students to be responsible members of society with the duty to educate and train the next generation. Neglecting to maintain or improve retention rates is not only harmful to the college itself, but also to society as a

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