<p>Just curious, because if I take up engineering, I may just have to take an extra year.</p>
<p>Thanks.</p>
<p>Just one less year in the workforce. And one more year with no responsibilities.</p>
<p>According to my research</p>
<p>Only about 35% of engineering students graduate in 4 years. 3% before 4 years.</p>
<p>Some financial aid is only for 4 years. Also, college costs will probably go up more in 5 years than 4.</p>
<p>Besides that, not really.</p>
<p>maybe missed a chance to make $50k / year and pay tuition for 1 more year? that could be a $60k, $70k difference</p>
<p>1.you have to spend more money.It depends on your tuition and living cost.
2.you missed the chance to make money for 1 year</p>
<p>if the cost of attendance is 40k and the money you can earn in the first year is 60k,you'll lose 100k.</p>
<p>Hrtz, are those actual graduation statistics for a particular university or is the 35% just an estimate based on your own experiences? I am an engineer and I am currently involved with the engineering programs at two universities and that number seems much, much too low.</p>
<p>
[quote]
Hrtz, are those actual graduation statistics for a particular university or is the 35% just an estimate based on your own experiences? I am an engineer and I am currently involved with the engineering programs at two universities and that number seems much, much too low.
[/quote]
That number is high for my school.</p>
<p>Its also really low for mine. I'd say graduation in 4 years in my school is higher than 75%...</p>
<p>That's the difference between a highly atypical case and the average. Graduation rate correlates well with average SAT scores and other positive variables. Ivies and Ivy like schools likely all have high 4 year graduation rates. Large state schools are much different.</p>
<p>Also private schools then to go much easier on their students than large publics.</p>
<p>I finished my engineering degree in 5 years because I changed majors and transferred to a different school, but many of my classmates at the new school spent 5 years in college without changing majors because the 4 year curriculum was too congested and many of them having co-ops and internships in the evenings or on days when there were no classes. Without jobs taking up time, 4 years would have been doable. No big deal though. All expect maybe 3 classmates had job offers (or went to graduate school) at graduation time. Some got hired by the intern companies. During our final year we petitioned to have no classes on Tuesday and Thursdays so we could work at our jobs.</p>
<p>You aren't losing $100K in that scenario, as college costs factor in room and board. So you can knock off a good $10k. But it is still worth it, if you can afford it, to take an extra semester or two to make sure you know what you are doing. I know people who got a lot farther because they took a little more time.</p>