Excerpt: "One side effect of the 2007-09 recession was a surge in college attendance. Nearly 3 million Americans enrolled in college in the fall of 2009,1 half a million more than two years earlier. Some of those were new high school graduates who would have gone straight to work if jobs were available. Others were older workers who lost jobs and went back to school to learn new skills or even to qualify for student loans to cover living expenses.
"Six years later, we are starting to get the first clear look at how all those students fared, and the numbers aren’t pretty. According to a new report from the National Student Clearinghouse Research Center, barely half — 52.9 percent — of students who enrolled in fall 2009 had earned a bachelor’s or associate degree six years later. That’s down from a completion rate of 56.1 percent for the students who enrolled in 2007. (Graduation rates were especially low for students at for-profit colleges.)...." LINK to article by Bill Casselman: http://fivethirtyeight.com/features/half-of-people-who-went-to-college-in-the-recession-havent-graduated/
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