(Source: bls.gov)
Insights on how leaving studies affects work life:
60% of high school graduates without a bachelor’s degree are employed. In comparison, 72.3% of bachelor’s degree holders work in a profession.
Those who attended college but didn’t complete their program have an unemployment rate of 5.5%, which is 17% higher than the national average.
Adults aged 25 and over without a degree, but some college, earn $899 on average weekly, which is 14.9% lower than the average worker’s earnings.
The student loan debt has reached $1.5 trillion, with over 2 million borrowers unable to repay on time.
The cost of dropping out is approximately $3.8 billion annually, with taxpayers estimated to incur $32 billion in losses over the next 10 years due to loan defaults.
An average graduate earns
A bachelor’s dropout results in 35% more compared to others, leading to potential high dropout rates in low-income families.
Financial struggles cause 53% of learners from low-income families to delay or quit studies, while only 11% of higher-income learners choose not to pursue further education.
College Enrollment Statistics
Students who quit may later rejoin classes, and new learners often enroll in various programs to cultivate a positive mindset.
Discover more about the situation with some intriguing facts:
The NCES reports that undergraduate enrollment is expected to rise by 8% from 2020 to 2030 but decreased by 9% from 2009 to 2020.
In 2021, 70% of female high school graduates immediately pursued further studies compared to 55% of male graduates.
Only 9% of dropouts returned to their courses in the 2021 – 2022 academic year with a retention rate of 71% in four-year institutions compared to 57% in community colleges.
47% of unenrolled adults consider going to college, while 61% contemplate continuing their education in recent years.
Cost concerns prevent 55% of dropouts from re-enrolling, with 45% citing inflation and 38% still evaluating costs as reasons for not pursuing further education.
Enrollments in courses other than bachelor’s degrees increased by 4.8% in community colleges, indicating a growing interest in alternative programs.
Efforts by the government and educators are underway to reverse the trend of college dropouts, with a decline in dropout rates observed post-pandemic.
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Sources
National Dropout Prevention Center
U.S. Bureau of Labor Statistics
National Center for Education Statistics
National Student Clearinghouse Research Center
College Dropout Statistics
Data from 2023 and 2024, along with forecasts for 2025 and 2026, are presented, with an expanded outlook extending to 2027 and 2028.
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REFERENCES:
This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
College Dropout Statistics
August 24, 2024
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