To Dream the Impossible Dream: College Graduation in Four Years

The cost of higher education continues to climb, while calls for increased institutional accountability and the value of a “four-year degree” are ever present. This research sought to identify factors by which consumers might predict four-year graduation rates at institutions within the CCCU. A hier...

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Bibliographic Details
Authors: Raikes, Mark H. (Author) ; Berling, Victoria L. (Author) ; Davis, Jody M. (Author)
Format: Electronic Article
Language:English
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Published: Taylor & Francis 2012
In: Christian higher education
Year: 2012, Volume: 11, Issue: 5, Pages: 310-319
Online Access: Volltext (lizenzpflichtig)
Description
Summary:The cost of higher education continues to climb, while calls for increased institutional accountability and the value of a “four-year degree” are ever present. This research sought to identify factors by which consumers might predict four-year graduation rates at institutions within the CCCU. A hierarchical multiple regression analysis of data from 80 CCCU institutions indicated that 48.6% of the variation in four-year graduation rates could be explained by the model, after adjusting for sample size. Five variables were identified as significantly contributing to the variation in four-year graduation rates: 1) institutional financial aid, 2) “real tuition cost” (tuition less institutional financial aid), 3) instructional expenditures per full-time equivalent student, (4) student-faculty ratio, and 5) average GPA of the incoming class. However, institutional aid and “real tuition cost” were the major contributors; once they were factored into the equation, student-faculty ratio and instructional expenditures became insignificant, although average GPA of the incoming class remained significant as each variable was added to the analysis. In light of the ever-rising cost of higher education, this study indicated that information is readily available to help families make informed college-choice decisions. By doing their homework, a family may increase the likelihood of selecting an institution in which their student achieves the seemingly impossible dream: achieving a “four-year” degree in four years.
ISSN:1539-4107
Contains:Enthalten in: Christian higher education
Persistent identifiers:DOI: 10.1080/15363759.2011.577719