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College graduation rates are typically measured according to the proportion of students who complete their degree within 150 percent of the normal time. That means for students seeking a four year bachelor’s degree, the graduation rate is calculated according to how many students graduate within six years. And for students seeking a two year associate degree, the graduation rate is based on how many students graduate within three years. 

Keep reading below, and we’ll take a look at the numbers.

The facts about graduation rates

According to the National Center for Education Statistics, the average graduation rate in 2020 for college students seeking a bachelor’s degree is 64 percent. That means about two thirds of college students graduate within six years or less. There’s no official figure on how many students earn their bachelor’s degree on time (in four years), but it’s estimated that less than half of students do this. 

When it comes to students seeking an associate degree or certificate at a two year college, the graduation rate is even lower. The National Center for Education Statistics reports that only 34 percent of students enrolled in two year programs graduate within three years. The remaining students either take longer to earn their credentials, transfer to another school, or drop out of school entirely. 

How can graduation rates affect your college choice?

When it comes time to choose a college, many students turn immediately to competitiveness stats such as average GPA, test scores, and admission rate. However, there’s another number that should be key in your decision, and that is graduation rate. 

College graduation rates are a great way to judge the effectiveness of a school. Are students completing their education there? Are they getting their money’s worth by earning a degree at the end of their schooling?

If your chosen college has rates that are higher than the average college graduation rates, this is a good sign. However, if it is lower, this should be taken as a red flag,  and you should do some investigating as to why so many students are not completing their degree.

Key factors affecting graduation rates

So why do some students drop out of college instead of graduating? There are several factors that contribute to students’ likelihood of graduating, which we’ll discuss below. 

Enrollment status 

Full-time students are more likely to graduate on time compared to students who enroll part-time. In a lot of cases, part-time students have obligations outside of school. 

Often, this makes it tough to focus exclusively on academics. These could include family commitments, work obligations, and other extenuating circumstances. 

Employment status 

Speaking of work, students who have a full-time job during the school year are less likely to graduate with a bachelor’s degree. Working 40 hours a week on top of going to school is a lot to balance. 

It’s understandable that for some students it’s too much, but anything is possible if you put your mind to it. If you need help paying for school and don’t have time to work a ton of hours, consider these part-time jobs for college students.

See also: Top companies offering tuition reimbursement

Gap years

Some students opt to take a semester or more off during their time in college. However, it’s important to stay motivated during your time off if you plan on finishing up your desired degree path.

It’s entirely possible to take a gap year without falling out of academic rhythm. Check out our guide on how to have a successful gap year if you’re considering this option. 

Housing 

Believe it or not, where you live also affects how likely you are to graduate. Living on campus comes with certain benefits, such as easier access to tutoring and support services, office hours with professors, and dedicated study spaces. Plus, students who live on-campus don’t have to worry about commuting to class. 

Also see: How to pay for housing

Type of school

Students who start out at community college are historically less likely to end up with a bachelor’s degree than students who start at a four-year school. Why? 

Because the transfer process can be difficult to navigate for students who don’t have the proper support. Check out our guide on how to transfer from community college for a step-by-step breakdown of the entire process. 

Scholarships

Students who win scholarships are more likely to complete their degree program and graduate on time. These students have less of a debt burden to worry about, and they also might not worry as much about holding down a job to help pay for school. 

As a result, they have more time to focus on academics. Take a look out our scholarship database if you need help paying for college! 

How can I increase my chances of graduating? 

Some students have life circumstances that get in the way of college, and that’s understandable. It’s not your fault if you only have time to attend school part-time, or if you have to work a job to help pay for your education.

These things are out of your control. However, there are a few things you can control to set yourself up for success and increase your chances of graduating. 

Create a strong plan 

Meet with your academic advisor early on to map out a plan for your college education. Become familiar with the credit requirements for your major. 

Plan ahead and determine which courses you need to complete each semester to fulfill those requirements. Regularly follow up with your advisor to ensure that you’re staying on track. 

Focus on your first-year courses 

Your first year of college lays the foundation for the rest of your education. It’s important to earn good grades and establish a strong GPA during your first couple semesters. 

If you start out with a low GPA, it’ll be more difficult to get back on track in the following years. Also, higher GPAs can improve your chance of acceptance into graduate school, and you might not have to take a graduate school exam like the GRE or GMAT. 

Connect with your instructors

You’re more likely to succeed in your courses if you establish positive relationships with your professors and instructors. Ask questions during class and don’t be afraid to visit your professors during their office hours if you need extra help. If you make it clear that you’re serious about achieving your goals, your professors will do their best to help you. 

Take advantage of support services 

Most colleges have a variety of support services to help their students achieve personal and academic success. Things like tutoring sessions, writing workshops, and counseling services can go a long way in helping students. Find out what kind of services your school offers and don’t hesitate to use them when needed. 

Stay on top of your financial aid

It’s important to renew your FAFSA every year to ensure that you keep receiving your financial aid. If you find yourself in a position where you still can’t afford tuition even after financial aid, contact your school’s financial aid office. They might be able to help you with other options. Our guide on what to do if you can’t afford college is a helpful resource for students in this situation. 

Keep reading…

• Complete guide to how to graduate college early
• Making the most of college: tips from the S360 team
• First year of college: How to prepare

Frequently asked questions about US college graduation rates