Feb 19, 2013

College Data

     The White House has unveiled a program allowing parents and students to search through two and four year private and public colleges and universities by graduation rate, loan default rate, tuition costs etc etc.
     It is sure to be a big hit as parents struggle with getting their kids to a school they can afford without giving up on quality.
     As easy starting point: search by xxx number of miles from home and then click on the schools that interest you...or look at the list by state or degree programs or...
     There is some shocking information about schools in Alabama that have 11% graduation rates and some with big default rates.
     A few examples: 
  • Alabama State University has a graduation rate of 26.2% and a loan default rate of 21% 
  • Concordia College in Selma has a graduation rate of 3.4% and a default rate of 41.6%  .
  • The University of Alabama has a graduation rate of 65.8% and a default rate of 5.6%
  • And Auburn University has a graduation rate of 66.3 and a default rate of 6.8%

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