The Cost of Wrong Choices

Before May 1, the deadline for college enrollment deposits, more than half of all college-bound families will screw up their choice of a school. Fully three of five students who ultimately earn a bachelor’s degree will have changed colleges. The average time for an undergraduate to earn a diploma is five and a half years, and only two out of five will achieve that goal within six years. The prospects for community college students are even worse: Only one out of five will earn an associates degree within six years.

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