Students dropping out of college after just one year are costing taxpayers billions of dollars, a new report says.
States appropriated almost $6.2 billion to four-year colleges and universities between 2003 and 2008 to help pay for the education of students who did not return for year two, the report released Monday says.
The federal government also spent $1.5 billion and states spent $1.4 billion on grants for students who didn't start their sophomore years, according to statistics compiled by the nonprofit American Institutes for Research.
The figures are meant to advance the argument that college completion rates need improvement, but could give ammunition to critics who say too many students are attending four-year schools at great cost to taxpayers.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Did You Hear?
As the holidays keep creeping forward and the temperatures drop, it's important to keep your loveable pets warm as well.
Sgt. Jason Cullum of the Evansville Police Department in Indiana was going about his day in his cruiser when he spied an object in the middle of the road.
Nelson Mandela said a lot of great things. But after his death, he's being widely credited on social media with a phrase he didn't utter.
Words of all sounds, sizes and syllable patterns have propelled kids to a title in the more than eight decades of the bee.