Americans have flocked to colleges in unprecedented numbers in the last half-decade, fueled by a conviction that postsecondary education is the surest route to steady employment and higher salaries.Yet those who begin, but don’t complete, a degree are learning the hard way that the payoff is in finishing—or that they might have been better off not attending college at all.The number of students who don’t complete college is growing. Nearly one-third of students who started college in 2012 didn’t return to a U.S. school the following year, according to the National Student Clearinghouse Research Center. And a new report out from a group of higher-education organizations found that roughly two-thirds of students who return to school after interrupted courses of study still don’t graduate.
A dual penalty for dropping out of college
Those students may find themselves doubly damned: cut out of consideration for professional-track jobs, and starting their careers years behind their peers who entered the workforce with just high-school diplomas. Many have student loans to boot.
A degree is an important marker for employers seeking workers who have demonstrated “perseverance and persistence”.
When a degree was still a relative rarity, any college experience helped a candidate stand out. But postsecondary education is now the norm for enough people that a short stint in college is no longer a positive differentiator, says Anthony Carnevale, a labor economist who runs Georgetown University’s Center on Education and the Workforce….
Candidates with degrees or certificates have “shown perseverance and persistence to obtain that credential,” says Kevin Brinegar, president and chief executive of the Indiana Chamber of Commerce. Dropping out after a few courses makes managers wonder “‘Is that what they’re going to do when they come to work for me? They’ll work for three weeks or three days and say, ‘I’m out of here?’
High school graduates should consider these factors before they rush into enrolling for college, especially if they are poorly prepared academically or need to borrow substantially.
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Melissa Korn, “A Bit of College Can Be Worse Than None at All”, Wall Street Journal, Oct. 13, 2014.
Posted on October 15, 2014 at 5:30 am in jobs after college, value of college | RSS feed