College · Family Resources

See who finishes
before you start

A college that graduates 86 of every 100 students and one that graduates 61 can look alike on a tour. Enter each college's four- and six-year rates from the federal data, rate what lies behind them, and see how many students need extra years and how wide the gaps are.

Comparisons

The worked example is made up: three colleges with six-year rates of 86, 61 and 74 percent, for a student who counts the six-year rate and rates for students like them as must-haves. Use initials or a code.

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What you get

College · Family ResourcesFree

What you finish with
A saved comparison per decision: how much the six-year rate, finishing on time, rates for students like you, a clear path and help to finish matter; each college rated 1 to 5 with its four- and six-year graduation rates; seven questions such as Pell Grant and transfer outcomes marked answered or still to ask; and a next step. The flags rank the colleges, turn each pair of rates into students per 100 who finish and who need extra years, give the spread in six-year rates and flag a must-have rated 2 or lower. A side-by-side table prints.
Who it is for
High school students and families building a college list, and transfer students comparing four-year colleges.
Format
Browser tool with a saved record per decision. Prints a side-by-side table with the scores, the full record, every comparison in a table or a blank form; downloads a spreadsheet (.csv); exports and imports a file.
Access
Free. No account, no sign-in and nothing to install. Everything you type stays in this browser; nothing is sent to Caveat.
Where it lives
The Family Resources space in Caveat College.
Support
Questions about access, an order or a correction: team@caveatacademic.com.

How to use it

  1. Look up rates from one federal source.
  2. Find the rate for students like you.
  3. Enter the four- and six-year rates.
  4. Rate what lies behind them.
  5. Print the side-by-side table.

Start a comparison

What a graduation rate counts

Two federal measures of finishingCountsTime allowedGraduation rateFirst-time, full-time4, 6 and 8 yearsOutcome measuresAlso part-time, transferUp to 8 yearsBy groupPell Grant and othersSame as aboveYour majorAsk the departmentOften not publishedTwo federal measures of finishingGraduation rateCounts: First-time, full-timeTime allowed: 4, 6 and 8 yearsOutcome measuresCounts: Also part-time, transferTime allowed: Up to 8 yearsBy groupCounts: Pell Grant and othersTime allowed: Same as aboveYour majorCounts: Ask the departmentTime allowed: Often not published
For a four-year degree, the six-year rate is 150 percent of normal time, the federal standard.

Why six years

The federal graduation rate for a bachelor's degree counts students who finish within 150 percent of normal time: six years. It covers only students who started at that college as first-time, full-time freshmen. The newer outcome measures add part-time and transfer students and follow them for up to eight years.

A fifth year costs twice

An extra year means another year of tuition, housing and food, and a year later into a full-time paycheck. When a college's four-year and six-year rates are far apart, ask why: required courses that fill up, a major that takes longer, or students working many hours.

Sources

  1. U.S. Department of Education, National Center for Education Statistics. College Navigator: retention and graduation rates (nces.ed.gov/collegenavigator).
  2. U.S. Department of Education. College Scorecard (collegescorecard.ed.gov).
  3. U.S. Department of Education, National Center for Education Statistics. IPEDS Graduation Rates and Outcome Measures survey components (nces.ed.gov/ipeds).
  4. Common Data Set Initiative. Common Data Set, section B: graduation rates (commondataset.org).

The worked example, its colleges and its rates are made up. A graduation rate describes past students, not a promise about any one student. Nothing you type is sent to Caveat. Support: team@caveatacademic.com.