Colleges have strong financial motives to admit poor high school students. One example: The U.S. Department of Education statistics show that three quarters of students who graduate in the bottom 40% of high school classes, attend college, yet never graduate. Though they may spend as much as eight and a half years in school.
Worse, they often leave carrying thousands of dollars in debt.
To make matters more serious, few wind up with a job that ever required a college education. They had wasted all that time and money.
As for students prepared for college, only 40% of two million freshmen graduate in four years; 45% never graduate.
The only conclusion can be that the college system often does more for the colleges, teachers and staff, on balance, than it does for a large portion of their consumers.
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