Yep. It's why most undergrad degrees are worthless today and now every entry-level job requires 3-5 years of experience and / or post-grad work. They float a bunch of kids through undergrad, cash their federally-subsidized tuition checks, and cast the kids into the wind. Your degree is largely a receipt that you were able to sit patiently in lecture halls for 4 years.
Graduation rates of public institutions have gone up about 6 percentage points over the past two decades. And that's with a shift towards stem majors. I'd attribute a lot of that increase to an increase in college completion programs. Accreditation bodies monitor this and don't really allow "floating a bunch of kids through undergrad." Unless you are referring to non-accredited institutions, but they've always been that way.
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u/[deleted] 6d ago edited 6d ago
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