Ten years after 10th grade, 33 percent of young people had earned bachelor’s degrees or higher, reports a longitudinal federal study. Nine percent reported their highest credential was an associate degree and 10 percent earned a certificate, Another third reported “some college” but no credential.
Sixty-three percent were working and finished with school; another 19 percent were working and taking college classes. Five percent were taking courses and not working, while 13 percent were out of work and out of school.
Forty percent of those who’d attended college did not take out student loans and another 16 percent borrowed less than $10,000. Thirty-three percent borrowed $10,000 to $50,000 for college and 11 percent took out $50,000 or more in student loans.
High school grades strongly predicted college success. Only 12.4 percent of C students (2.0 to 2.49) and 27.6 percent of C+ students (2.5 to 2.99) earned a bachelor’s degree. That rose to 50.1 percent for B students (3.00 to 3.49) and 76 percent for students with a 3.50 or better.