Salient to Investors:
Richard Arum at NYU and Josipa Roksa of University of Virginia found:
- Students who did as little as possible during college continued to drift after graduation.
- Many college students took easy courses, regarded themselves as privileged customers, socialized heavily, and came away with little to show for their years on campus.
- After 4 years of college, the average student rose just 18% on the Collegiate Learning Assessment.
- Graduates with higher Collegiate Learning Assessment scores fared better in the labor market than their lower-performing peers.
- College students spent almost 75% of their time sleeping or socializing.
- Just over 25% of the students had landed jobs paying better than $40,000 a year two years after college.
- 53% of the college graduates who were not re-enrolled full-time in school were unemployed, employed part-time, or employed in full-time jobs that paid less than $30,000 annually.
- 25% were living with their parents.
OECD said American college graduates finished below the average of their peers.
Read the full article at http://www.businessweek.com/articles/2014-09-02/students-who-didnt-take-school-seriously-flailed-after-college#r=rss
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