What are the graduation rates for students obtaining a bachelor's degree?
The 6-year graduation rate for first-time, full-time undergraduate students who began seeking a bachelor's degree at a 4-year degree-granting institution in fall 2009 was 59 percent. That is, 59 percent had completed a bachelor's degree by 2015 at the same institution where they started in 2009. The 6-year graduation rate was 59 percent at public institutions, 66 percent at private nonprofit institutions, and 23 percent at private for-profit institutions. The 6-year graduation rate was 62 percent for females and 56 percent for males; it was higher for females than for males at both public (61 vs. 55 percent) and private nonprofit institutions (68 vs. 62 percent). However, at private for-profit institutions, males had a higher 6-year graduation rate than females (24 vs. 22 percent).
Six-year graduation rates for first-time, full-time students who began seeking a bachelor's degree in fall 2009 varied according to institutional selectivity. In particular, 6-year graduation rates were highest at institutions that were the most selective (i.e., had the lowest admissions acceptance rates) and were lowest at institutions that were the least selective (i.e., had open admissions policies). For example, at 4-year institutions with open admissions policies, 32 percent of students completed a bachelor's degree within 6 years. At 4-year institutions where the acceptance rate was less than 25 percent of applicants, the 6-year graduation rate was 88 percent.
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2017). The Condition of Education 2017 (NCES 2017-144), Undergraduate Retention and Graduation Rates.
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