Posted by Shawn Maclauchlan
RICHMOND, VA (WWBT) - A new report from the American Institutes for Research says early college dropouts are costing governments - and taxpayers - money.
According to the Times-Dispatch, Virginia taxpayers spent $177 million over five years, on 35,000 college students who dropped out after their first year.
The figures are meant to advance the argument that college completion rates need improvement.
But the report also suggests too many students are attending four-year schools.
Governor McDonnell's commission on higher-education reform will meet to discuss ways to cut costs and achieve its goal of 100,000 college degrees over the next 15 years.