Tuesday, September 13, 2011

Only 40 Percent of Pell Grant Recipients Get Bachelor’s Degrees

Nevertheless, based on statistical examination of the Pell Grant/graduation rate relationship for about 750 colleges and universities, aided by Chris Denhart and Jonathan Robe, I would “guesstimate” that roughly 40 percent of full-time, first-year students receiving Pell Grants graduate within six years (from four-year institutions). This is significantly lower than the graduation rate of non-Pell recipients, which appears to be closer to 60 to 65 percent.