The results of this study demonstrate that students who delay their postsecondary enrollment a year or more after high school graduation differ fundamentally from those who enroll immediately. Early on, delayed entrants are more likely to have family and educational experiences that place them at greater risk of not completing their postsecondary education. When delayed entrants enroll in postsecondary education, they do so primarily to gain or enhance their work skills and tend to enroll in shorter term vocational programs rather than in bachelor's degree programs.
Yet delayed entrants are not a homogenous group. Who they are and what kinds of postsecondary programs they pursue varied with how long they waited to enroll. In general, the findings from this study indicated that as the length of delay increased, students were more likely to be White, less likely to be in the lowest income group, and more likely to enroll in programs leading to vocational certificates.
While delayed entrants as a whole were much less likely than immediate entrants to complete a postsecondary degree or to remain enrolled for 6 years, results of the multivariate analysis indicate that students who delayed the shortest amount of time—no more than 1 year after high school graduation—remained significantly less likely than immediate entrants to complete a degree, while the results for those who delayed longer were not significant. Students who delay no more than a year are typically 19 years old when they enroll in college and about one in five already have children. Nevertheless, despite their relative disadvantages, 43 percent of students who delayed their enrollment no more than 1 year had successfully completed a postsecondary credential, including one-fifth who earned a bachelor's degree in 6 years.
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A college degree has a quantifiable cash value. The Full Story
People with bachelor's degrees earn roughly twice as much as those who have only high school degrees. A master's degree adds another 30 percent to one's lifetime earnings, a Ph.D., 50 percent.
Be sure to fix or maintain your credit
The federal government used to dole out considerable sums of scholarship money in the form of Pell grants, which were based on need. But government aid is shifting over to loan programs, which tend to be based less on need and more on ability to pay, like any bank loan. Poor kids have no advantage in the competition for this money and they're competing against a greater pool of applicants.
The gamble getting a or just one degree not enough
These days, the college degree has about as much currency in the job market as a high school diploma used to have. College has become a necessary investment, but at the same time, a college degree alone doesn't necessarily guarantee a leg up. College graduates today have to distinguish themselves against the competition in other ways--by interning, by publishing, and yes, by going to still more school.
Last Updated: 11/10/2010
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