Only 4 out of 7 people who enter college graduate within 6 years.
Too many that are poorly prepared and lack the 'fire in their bellies' to persevere and finish start anyway. A good 30% of the folks in my freshman dorm did not come back after Christmas.
It is actually best to flunk out early if you're going to flunk out. Too many of my son a daughter's friends drifted for years and accumulated loads of debt. I encourage every rising student to read both The World is Flat and Generation Debt. Then spend a few minutes perusing the horror stories on StudentLoanJustice.org.
The solution is to be both highly motivated and make prudent decisions.
The solution is to starve. My good pal, who attended an American university on a cheap ass stipend from the richest nation on the globe, yes, I mean Switzerland, finished his four year studies in less than two and a half years, drinking Mickey’s Big Mouth,when he could afford it. Then he headed back to Zurich where a job waited for him. But that’s another story.