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.

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