Important College Facts

Facts Einstein


Important College Facts




In 2013 17.7% of high school students applied to more than 8 schools. The average percentage of students accepted off wait lists was 25%.

Community Colleges

26% of Americans have at least an associate’s degree
45% of all college students first enroll in a community college
The average associate’s degree costs between $$0,000 and $60,000. The average bachelor’s degree costs $10,000

Financial Aid

Last year the federal government spent $180 billion in federal student aid programs. This is an increase of 132% since 2002-03.
37% of all federal aid awarded last year was loans
$85 billion was awarded to undergraduate students
71% of all undergraduates received some financial aid in the 2011-12 academic year
The average aid amount increased from $9,000 to $10,800


According to the College Board, the majority of college students change majors at least once
College students need 30 credits a year (including summer school) to graduate in four years BUT only 31% of students take 15 or more credits a semester
600,000 students attended colleges last year where the dropout rate exceeded 85%.
68% of students in public colleges and universities fail to graduate in four years and 44% fail to graduate in 6 years
Nationally, 4-year colleges and universities graduated an average of 53% of entering students in 6 years and 40% in 4 years

Who Pays for College?

According to Sallie Mae, only 16% of parents with children under the age of 18 have a plan to pay for college
25% of parents are actively saving for college BUT according to a report by Fidelity Investments, more than 54% of grandparents are saving or plan to save for their grandchildren’s education. The average contribution is $25,000. 90% reported that they would contribute more if asked.

For further information, read The New College Guide: How to Get In, Get Out, and Get a Job

This entry was posted in The New College Guide by Marguerite Dennis. Bookmark the permalink.

About Marguerite Dennis

Marguerite Dennis has been recruiting internationally for over 25 years, first at Georgetown University in Washington, D.C. and then at Suffolk University in Boston, Massachusetts. During that time she was responsible for establishing a branch campus for Suffolk University in Dakar, Senegal and Madrid, Spain. Marguerite increased the international student population at Suffolk University by 193% from 1993 to 2011 and increased the number of study abroad programs by 135%, from 20 to 47. She monitored the recruitment programs for Suffolk University in 20 countries and hired a network of 10 international educational consultants. She signed agreements in Viet Nam, Hong Kong, Kuwait, Germany, Mexico, France and Argentina.

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