Dismal graduation rate
WASHINGTON- Just four in ten students who enter college graduate with a degree from the school they started.
That figure comes from the research arm of the National Student Clearinghouse, a nonprofit group that works with colleges and universities to verify student enrollment and graduation status.
It's from a review that 3,500 schools participated in.
The figures are from 2007 and show that 56% of those who started college in that year finished their courses and 29% of those who started that year are no longer working toward a degree.
The Education Department wants to pressure schools to keep costs down and link federal financial aid to performance.
The graduation rate is one piece of the emerging college rating system.