Should Congress Link Higher-Ed Funding to Graduation Rates?
Lanae Erickson and Robert Kelchen, EducationNext
After decades of slow growth, the share of young Americans completing college increased to 48 percent in 2019, up from 39 percent 10 years earlier. What accounts for the rise? Are more students clearing a meaningful bar for graduation, or are colleges and universities engaging in credential inflation and lowering their academic standards?
As lawmakers proceed with the reauthorization of the Higher Education Act, two higher education experts—Lanae Erickson of Third Way and Robert Kelchen of Seton Hall University—debate the use of degree completion as an accountability metric linked to the disbursement of federal funds.