The US Department of Education reported in 2010 that less than 50% of all American college students who enter as freshmen graduate within the next six years and at some colleges this rate is <10percent!>10percent!>
Yet almost 90% who drop out without a degree do so with more than $10,000 in student loan debt.
Then in 2011 Secretary Duncan announced a statistic that restores hope; "Students who graduate from a 4 year college in 4 years or less are 85% more likely to actually complete a degree than their peers who prolong their educational pursuits."
The message: Plan well, prepare vigorously and do not dawdle...