Monday, October 02, 2006

fun facts

Percentage of students going to college and completing a degree
College participation
Korea 48%
Greece 43%
Finland 37%
Belgium 37%
USA 35%
Ireland 35%
Poland 34%
Australia 31%
France 31%
Hungary 31%
Spain 30%
New Zealand 29%
Netherlands 27%
Norway 25%
Portugal 25%
Sweden 24%
Czech Rep. 24%
Germany 23%
Austria 23%
Denmark 20%
Slovak Rep. 20%
Iceland 19%
Switzerland 18%
Mexico 13%
Turkey 11%

College completion
Japan 26%
Portugal 25%
U.K. 24%
Australia 23%
Switzerland 23%
Denmark 23%
Ireland 21%
New Zealand 21%
France 20%
Iceland 19%
Korea 18%
Belgium 18%
Sweden 18%
Slovak Rep. 18%
Poland 17%
USA 17%
Spain 17%
Netherlands 16%
Hungary 16%
Czech Rep. 15%
Mexico 14%
Norway 14%
Finland 13%
Turkey 13%
Austria 13%
Germany 13%
Italy 12%

Source: National Center for Public Policy and Higher Education


By Mary Beth Marklein, USA TODAY
The United States has made incremental improvements in preparing students for college in recent years, but it has made "no notable progress since the early 1990s" in increasing college participation rates, a report says. And, it says, degree-completion rates in the USA compare poorly with those of other countries.
Those and other findings "challenge the notion that the American higher education system is still the best in the world," says former North Carolina governor James Hunt, chairman of the board of the non-partisan National Center for Public Policy and Higher Education, based in San Jose, Calif.

The center is to release the report, its fourth in a series, Thursday in Washington. For the first time, it compared national and state performances with those of 26 other countries in the Organization of Economic Cooperation and Development, whose members include many of the world's leading economies, such as Germany, Japan, the United Kingdom and Turkey.
The USA does not fare well, the report says. For example, although it still leads in the share of people ages 35 to 64 with a college degree, it ranks seventh among 25- to 34-year-olds with college degrees. That suggests that as the large and well-educated baby boom generation retires, the USA faces a drop-off in college-trained workers to replace them.
Though it ranks fifth in college participation rates, it continues to trail other countries in raising those rates, the report says.
Of particular concern, the report says, is the proportion of students who complete a college degree or certificate program. The USA ranks 16th among 27 countries.
The report also suggests that tuition increases, combined with dwindling financial aid, contributes to the flat growth in participation rates. "For most American families, college affordability has continued to deteriorate," Hunt says.
Since the early 1990s, it says:
The proportion of family income needed to pay net college costs (after accounting for all student financial aid except loans) at public four-year colleges has grown from 28% to 42% in Ohio; from 18% to 30% in Iowa; from 25% to 36% in Oregon; and from 20% to 31% in Washington state.
• State support of need-based financial aid improved significantly in Washington, California and Maryland.
Gaps in college participation between high- and low-income students persist. In Virginia, 58% of high-income and 14% of low-income young adults ages 18 to 24 are enrolled in college; in Illinois, the gap is 52% to 23%.
• The likelihood of a ninth-grader enrolling in college four years later is less than 40%, decreasing from 44% to 32% in Hawaii and from 45% to 37% in New York.

1 comment:

100Student said...

Hello,

I recently published an article on the dangers and benefits of student loans and other forms of college financial aid – here is a quote from it, in case you are interested:
Student loans repayment can be a real nightmare without adopting some strategies that would help the new graduates to organize their social and financial life. Here are some strategies they can use to do this:
- An additional part-time job;
- Freelancing is another option (meaning that they can do particular pieces of work for different organisations, without working all the time for a single organisation);
- They should try to keep their living expenses as low as possible (live in a smaller apartment, live with a roommate to share some of the expenses, find an apartment that is closer to the job, to eliminate the extra-expenses for transport etc.);
- To apply for forbearance (this is an immediate solution for hard times when the new graduate is in impossibility to re-pay the amount of money and the need for student loan consolidation becomes apparent; it is a temporary period, when the graduate can postpone or delay his or her re-payments until a later time on a federal or direct loan after the beginning of the re-payment, and when the student doesn’t qualify for deferral). The forbearance must be applied through the lenders of the loans.
- To consolidate the payments.
If you feel this help, please drop by my website for additional information, such as federal student loans information or additional resources on private student loans .

Regards,

Michael