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Within the last five years, two-year and four-year colleges and universities have increased their focus on increasing persistence and completion rates for college students. While the United States may have the largest and most expansive postsecondary system in the world, we lag behind other countries in degree attainment. Currently, the U.S. ranks 11th in the world in the percentage of adults with a postsecondary degree. Most educational leaders believe we need to do better than this to meet the increasing demands for talent and have set goals for increasing degree completion rates for the U.S. For example, the Lumina Foundation, one of the nation’s strongest and largest educational philanthropies, has set a goal that by 2025, 60 percent of Americans will hold a college degree or other high-quality postsecondary credential. In 2016, we were only at 46.9 percent.
Higher education is in the midst of a wide set of innovations to increase degree attainment and to understand the factors that inhibit degree attainment. At the top of the list of reasons college students leave without a degree are academic preparation, academic performance, and financial issues. These last five years have seen a frenzied effort to make progress on these issues. For example, Georgia State University has received a lot of attention for employing a set of innovative strategies that have increased its graduation rate by 22 points in the last decade. Nationwide, campuses are experimenting with peer tutoring, mentoring, data analytics, and a host of other advances to increase degree attainment.