A new report released Thursday provides a detailed look at the graduation rates of low-income college students. At many colleges, low-income students graduate at much lower ratesthan their high-income peers.
At the University of Missouri–Kansas City, only 35 percent of Pell grant recipients graduate college, a rate that is more than 20 percentage points lower than that of their wealthier peers. And at St. Andrews, a liberal arts college in Laurinburg, North Carolina, only 13 percent of Pell grant recipients graduate, more than 50 percentage points less than students who don’t receive the grants.
The study found 51 percent of Pell students graduate nationwide, compared to 65 percent of non-Pell students. The average gap between wealthy and poor students at the same schools is much smaller: an average of 5.7 percentage points. That’s because many Pell students attend schools with low graduation rates.
[For more of this story, written by Annie Waldman, go to http://www.psmag.com/business-...and-wealthy-students]
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