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Fact
3 - Time-to-Degree Impact on Finances
Additional years of study have a marked impact on a student’s
finances. Longer time-to-degree results in additional college costs
and lost earnings. Many students who attend public institutions and
take longer to complete their degrees end up, in effect, paying more
for their degrees than do students at private colleges and universities
who graduate in four years. |
| Note:
“Time-to-degree” looks only at bachelor’s
degree recipients and how long it took them to earn their degrees.
Source: Analysis by the National
Association of Independent Colleges and Universities, Twelve
Facts That May Surprise You About Private Higher Education
(2006). U.S. Department of Education, National Center for Education
Statistics. |
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