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<p>Dropping out or flunking out would be an even worse outcome than graduating late.</p>
<p>Transferring out would also entail risks to one’s cost and financial aid planning.</p>
<p>Assuming that 87% of SDSU students are full time, the 28% four year graduation rate becomes 32% of the full time students. Still not particularly high. In other words, about two out of three entering freshmen take longer than four years to graduate, drop out, flunk out, or transfer away.</p>
<p>Obviously, a “tippy top” student at SDSU is probably much more likely to graduate in four years. But a “typical” student at SDSU (let’s say median high school academic credentials for SDSU freshmen) would appear to have a non-trivial risk of not graduating in four years, so student and parent cost and financial aid planning may have to take that into account.</p>