<p>Hi, my son is a junior and we have just finished visiting the majority of his top choice colleges. As we start to mull the process of which schools he should apply to, the subject of graduation rates has come up.  </p>
<p>His three top choices - all of them top LACs, and I mean the best of the best, have 4 year graduation rates in the 50-65% range. Six year rates closer to 90 at 2 of them, but still only in the 70s at one.</p>
<p>My question is - what do I do with this information? Obviously my son wants to graduate in 4 years so he can go on to law school or whatever. But how seriously should I consider the info - is this usually because students can't get the classes they need to fit into their schedule, or is it simply a matter of students transferring (and if so, why?). Not sure the schools will give the most accurate info if it is damning, so I guess I need to know how I can find out the reasons, and how much weight we should give this.</p>
<p>I am shocked, these are really great schools, the Ivy League equivalents of LACs.</p>
             
            
              
              
              
            
           
          
            
            
              <p>Grad rates can mean different things…</p>
<p>1) kids change majors
2) kids don’t take full loads (15+ credits per semester)
3) kids drop classes
4) kids won’t take classes at inconvenient times
5) classes are hard to get
6) kids don’t carefully look at what’s req’d to graduate.
7) some kids work/commute so they can only go part-time.</p>
<p>If kids are careful, they can graduate in 4 years.  My son did, and my younger son will, too.</p>
             
            
              
              
              
            
           
          
            
            
              <p>According to the US News data…</p>
<p>No liberal arts college in the top 15 (remove the academies) has a 6 year grad rate below 90%. Maybe only 1 in the top 50 is below 80%. I am not sure what you were expecting, but these are great numbers. If the school is in the top 50, then I would personally give it zero weight.</p>
<p>Garduation rates are almost exactly correlated to the overall wealth of the student body.</p>
             
            
              
              
              
            
           
          
            
            
              <p>50-65% would be too low for me.  It is most likely not enough course offerings, so students couldn´t fullfil their graduation requirements.  This is a very important factor to look into, even if some schools are cheaper, if you end up paying for 5 years instead of 4 then it´s not necessary cheaper.</p>
<p>4yr graduation rates
Colgate : 83%
Williams: 93%
Amherst:8%
Middlebury: 83%
Hamilton: 83%
Pomona: 89%</p>
             
            
              
              
              
            
           
          
            
            
              <p>These schools are lower:</p>
<p>Haverford 55%
Oberlin 49%
Bard 65%</p>
             
            
              
              
              
            
           
          
            
            
              <p>Haystack, those are 6 year rates. As I mentioned in my post, those are higher but the 4 year rates at the schools my son is most interested in are below 65%.  He wants to graduate in 4 years, not 6 years!</p>
             
            
              
              
              
            
           
          
            
            
              <p>ponyboad:  where are you getting your data?  I just looked up Haverford:</p>
<p>Graduation and Retention Rates:
First Year Student Retention (full-time students): 96%
4-Year Graduation Rate: 86%
6-Year Graduation Rate: 92%</p>
             
            
              
              
              
            
           
          
            
            
              <p>For Haverford, both the USNWR and Kiplinger sites report the 4 year graduation rate as 87%. Kiplinger’s 4 year graduation rate for almost all of their top 20 LACs is above 80%. [Best</a> Values in Private Colleges, 2011-12](<a href=“Kiplinger | Personal Finance News, Investing Advice, Business Forecasts”>Kiplinger | Personal Finance News, Investing Advice, Business Forecasts)</p>
<p>I don’t think the 4 year graduation rate is usually a very useful discriminator when we’re comparing the same kind of college.  The one selective LAC I can think of that has a 4 year rate far lower than its peers is Reed College (~59%).  One possible explanation is that it is considered an unusually difficult college. For some students, that would be a problem, for others it might be desirable.</p>
<p>So I would not worry about this number unless a school is way out of line with others you’re considering.  Even then, investigate but don’t necessarily rule it out.</p>
             
            
              
              
              
            
           
          
            
            
              <p>You can’t be looking at Ivy League caliber LACs if the 4 year rates are in the 50/60 % range. Williams, Bowdoin, and Amherst are all right at the 90% range for a 4 year rate.</p>
<p>Again, just about anything in the top 50 will have a very reasonable 4 year grad rate. Reed is an exception and anyone that knows about Reed knows why. There are lots of reasons for a lower rate. Very rarely is it because of a lack of course offerings at a top 50 LAC. Kids change majors, take a semester off, etc etc. Your kid can easily graduate in 4 years from any top 50 LAC.</p>
             
            
              
              
              
            
           
          
            
            
              <p>Just some quick examples…</p>
<p>We are looking at Centre College (42 ranked LAC by US News), their 4 year rate is over 80%.</p>
<p>Rhodes College (ranked somewhere around 50), 4 year grad rate of 76.</p>
<p>According to Oberlin’s Common Data Set, their most recent 4 year rate is 75%.</p>
<p>You are finding Ivy caliber LACs in the 50/60% range???</p>
             
            
              
              
              
            
           
          
            
            
              <p>I don´t think OP´s source is correct.</p>
             
            
              
              
              
            
           
          
            
            
              <p>This is from IPEDS</p>
<p>College 4 Yr Grad Rate  5 Yr Grad Rate  % Admitted
Pomona College  91  94  15
Amherst College 90  94  15
Swarthmore College  89  92  16
Claremont McKenna College   84  93  17
Middlebury College  84  90  17
Alma College    48  61  19
Washington and Lee University   92  93  19
Bowdoin College 90  93  20
Williams College    91  95  20
Wesleyan University 89  94  22
Harvey Mudd College 80  85  23
Vassar College  90  93  24
Pitzer College  74  78  26
Haverford College   55  59  26
Barnard College 79  87  28
Hamilton College    84  88  29
Davidson College    89  91  29
Carleton College    89  93  31
Oberlin College 49  56  31
Bucknell University 90  92  31
Bates College   84  87  32
Wellesley College   84  89  33
Colgate University  83  87  33
University of Richmond  81  87  33
Colorado College    81  86  34
Colby College   86  89  34
College of the Holy Cross   90  93  35
Bard College    66  74  35
Connecticut College 84  86  37
Spelman College 65  71  38
Scripps College 80  82  39
St Lawrence University  78  82  39
Kenyon College  85  86  39
Washington & Jefferson College  66  70  39
Gettysburg College  82  85  40
Occidental College  80  84  42
Union College   74  83  42
Lafayette College   87  89  42
Rhodes College  76  79  42
Trinity College 78  85  43
Cornell College 61  66  43
Grinnell College    84  87  43
Macalester College  85  87  43
Reed College    60  79  43
Willamette University   71  77  43
Franklin and Marshall College   80  87  45
Agnes Scott College 59  66  46
Smith College   78  82  47
Skidmore College    80  83  47
Whitman College 80  85  47</p>
<p>There are all kinds of reasons why the graduation rate might be less than 90%. Some flunk out, some take a semester off to work, some change majors. And in general, the “better” the students admitted, the better the graduation rate. That’s why the rankings have started looking at predicted graduation rates based on student characteristics and actual graduation rates.</p>
             
            
              
              
              
            
           
          
            
            
              <p>I don’t think the first two numbers for Oberlin are correct.<br>
The Oberlin CDS, USNWR, and Kiplinger all show 4-yr rates in the 70s.</p>
             
            
              
              
              
            
           
          
            
            
              <p>Yes, the IPEDS list was the one I saw. Is this data incorrect?</p>
             
            
              
              
              
            
           
          
            
            
              <p>Sorry I’m coming to the party a bit late here, but I thought I’d weigh in since this is one of my areas of expertise. </p>
<p>First thing to know about graduation rates is that they are almost entirely a product of institutional wealth and student ability.  If you have a zillion dollar endowment and a 25th percentile SAT scores of 2100, (Williams, e.g.), then you’re going to graduate darned near everyone.  By the same token, if you’re poor and/or you take a chance on kids that are less well prepared socially and academically, you’ll graduate fewer of them.</p>
<p>Note two things: 1. It’s <em>almost</em>, not entirely.  2. Nothing there speaks to the chances of an individual student graduating from any given school.</p>
<p>If you want to know what schools are operationally superior to others, then you look at their graduation rates given the resources that they have to work with.  The differences among liberal arts colleges are not huge.  If you want to see a list of how well liberal arts colleges do at graduating students given their resources, read [Research</a> in Higher Education, Volume 51, Number 3 - SpringerLink<a href=“though%20you’ll%20either%20have%20to%20buy%20it%20or%20get%20access%20through%20your%20library”>/url</a>.  Here’s who I found to be the best of the best with respect to graduating students (the numbers are IPEDS unit IDs):</p>
<p>164465 Amherst College
189097 Barnard
156295 Berea College
153144 Coe College
166124 College of the Holy Cross
162654 Goucher College
232256 Hampden-Sydney College
170301 Hope College
213251 Juniata College
153834 Luther College
214175 Muhlenberg College
231059 St. Michaels College
174844 St. Olaf College
197133 Vassar College
216667 Washington & Jefferson
164216 Washington College
149781 Wheaton College (IL)
168342 Williams College </p>
<p>If you’re interested in research universities, there’s a similar article and list at <a href=“http://web.wm.edu/economics/wp/cwm_wp24.pdf[/url]”>http://web.wm.edu/economics/wp/cwm_wp24.pdf](<a href=“http://www.springerlink.com/content/g1u81p17282v6143/]Research”>http://www.springerlink.com/content/g1u81p17282v6143/)</a></p>