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Just so people know, the new federal guidelines for research funding and student loans pell grants are going to be based on graduation rates after 4 years, with minor allowances going forward.
This points out why the federal rate and grad rates are now taken so seriously. Because they are money.
That being said, the new parameters are going to reward students at Penn State because they are wealthy and penalize more affordable schools like the SUNYs, where students are considerably poorer. The difference in tuition is under $7k at the SUNYs and $15k at PSU and some B1G schools. Grad rates after 4 years are 50% at the SUNYs, 70% at the expensive B1Gs, but after 6 years, it's another story. The SUNYs are in the mid 70% range after 6 years while the B1Gs jump to 80%.
This points out why the federal rate and grad rates are now taken so seriously. Because they are money.
That being said, the new parameters are going to reward students at Penn State because they are wealthy and penalize more affordable schools like the SUNYs, where students are considerably poorer. The difference in tuition is under $7k at the SUNYs and $15k at PSU and some B1G schools. Grad rates after 4 years are 50% at the SUNYs, 70% at the expensive B1Gs, but after 6 years, it's another story. The SUNYs are in the mid 70% range after 6 years while the B1Gs jump to 80%.