What Percentage of Students Actually Graduate?
While acceptance rates get a lot of attention, a far more important metric for student success is the graduation rate. This number tells you what percentage of first-time, full-time undergraduate students complete their degree at that institution.
4-Year vs. 6-Year Graduation Rate
Graduation rates are typically reported at two key intervals:
- 4-Year Rate: The percentage of students who graduate within four years. This is the "on-time" rate and is a strong indicator of an efficient and supportive academic environment.
- 6-Year Rate: The percentage of students who graduate within six years. This is the standard federal reporting metric and captures students who may have changed majors, taken a semester off, or had other life events interrupt their studies.
A high graduation rate suggests that a college is effective at retaining and supporting its students through to completion.
Graduation Rates at Bates College (Example)
4-Year Graduation Rate
82.3%
6-Year Graduation Rate
89.7%
A large gap between the 4-year and 6-year rates might indicate that many students struggle to finish on time, potentially leading to higher costs and more debt.
What is a "Good" Graduation Rate?
- Above 80% (6-Year): Excellent. Typical of highly selective, well-resourced institutions.
- 60% - 80% (6-Year): Good. Common for many flagship public universities and solid private colleges.
- 40% - 60% (6-Year): Average. May indicate challenges with student support or preparedness.
- Below 40% (6-Year): A significant red flag. Indicates that a majority of students who start do not finish.