Community colleges have been touted as the economic future of this country, as hosts of high school graduates, displaced workers and others look to these institutions of higher education. The Obama Administration has put the focus on community colleges as well, seeing these schools as essential instruments in raising the college graduation across the country over the next decade. However, a new study brings up some familiar concerns regarding these two-year programs; namely, the low completion rates that seem to plague the majority of community colleges nationwide. In fact, the study puts a price tag on the cost of community college dropouts – and it is a steep number indeed.
“The Hidden Costs of Community Colleges”
The recent study, titled, “The Hidden Costs of Community Colleges,” was released by the American Institutes for Research. The study, which was funded by the Bill and Melinda Gates Foundation, looked at full-time, first-year community college students who did not return for their second year of school. Five academic years were analyzed in the study, between 2004 and 2009. The purpose of the study was not only to put a price on the high dropout rate but also to improve outcomes and performance at institutions across the country, according to a press release published at the American Institutes for Research website.
According to a report at the Los Angeles Times, the study showed that about one-fifth of full-time community college students who enroll in school