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New Data Brings Daylight To The Graduation Gap In Higher Education
It is no secret that university graduation rates in this country are not what they should be, especially for low-income students. But until recently, we had limited information about how faculties classify in terms of students trained by limited economic means. Thanks to pressure for greater data transparency, the graduation rates of faculties for students from low and middle-income families are now open.
The Pell Grant program provides funding to more than five million students a year with a proven financial need to help pay for graduation fees at more than 5,400 colleges and universities across the country. More than three-quarters of the Pell Grant beneficiaries come from families earning 40,000 or less per year.
The Pell Grant program began in 1972, but faculties and universities did not have to publicly disclose graduation rates for their students receiving federal assistance until 2017.
Using the data from Pell Grant, The Third Way published a recent report that offers insights into the faculties in which low-income students are succeeding and where they usually leave without a diploma.
As a head of a network of schools that have collaborated with more than 90 colleges and universities committed to increasing graduation rates for first-generation students, I would like to offer three important observations from this Pell Grant data.