The cost of college education on the risk in the United State. Do you like the American Education system? Of course, The education system in America is the best in the world.
Though the United stats is known as home to 50 out of 100 colleges, it’s not sunlight as well as roses in the land of the free.
In spite of American best universities, many students have been making the choice to continue their studies abroad in places such as Europe where the college is either free. Here is a list of 20 American education statistics compared to other countries.
1. Mail carriers with a college degree
Do have any idea of mail carries percentages? The rate of mail carriers with a college degree is 4 times higher than it was in 1970.
2. The United States
Walmart is an American’s best retail organization that contains a chain of hypermarkets as well as discount department storehouses. Over 24% of retail salespeople have a college degree in the United State now.
3. College graduates job
Source: businessinsider.com, Image: wikipedia
The education system of America compared to other countries. On the other hand, more than 1/3 of college graduates end up taking jobs that don’t even require college degrees.
4. The unemployment rate
The unemployment rate is growing steadily. The college graduates of United State under 25 has reached nearly 10%.
5. Americans between the ages of 18 and 29
According to the research, only a small over half of Americans between the ages of 18 and 29 were employed last year. The statistics of America is the lowest it has been since the end of WWII.
6. Students manage to receive a bachelor’s degree
Do you know the ration of math and science ranking by country 2018? Only 36% of full-time students manage to receive a bachelor’s degree within 4 years.
7. American college students
America is the first choice country to study across the world. 35% of American college students spend less than 5 hours of studying per week.
8. US college students spend nearly more time
Source: usatoday.com, Image: pixabay
Actually, college students in the United state spend nearly 50% less time studying than just one decade ago. But now the US education ranking 2019, well.
9. Student Loan From DEBT
Source: post-gazette.com, Image: ringling.libguides.com
Nearly 14% of students end up defaulting on their student loan debt within 3 years of making their first payment.
10. Default Student Rate
Did you know the default record of American Universities? The student failure rate in America has almost doubled in the last 10 years.
11. Students sold themselves
Source: huffingtonpost.com, Image: wikipedia
As if things couldn’t get any worse websites such as seekingarrangment.com have popped up where students sold themselves to sugar daddies in order to pay off their debt.
12. 75% of Americans believe college is too expensive
According to the previous records, 75% of students stop their study due to the high-rate of education cost. The ration of math and science ranking by country 2017 good.
13. 23% of Americans use credit cards to pay tuition
A credit card is the most popular payment card worldwide. 23% of American students use credit cards to pay tuition fees for their university.
14. College textbook prices have nearly tripled in the last 10 years
College textbook prices increased by 88 percent between 2006 and 2016. On the contrary, the price of textbooks has dramatically skyrocketed in the last 10 years.
15. Tuition at Harvard
In 1952 one full year of tuition at Harvard was $600 (that would be $5,000 today). Today, however, the tuition fees are over $35,000.
16. The last quarter-century college tuition
This is because over the course of the last quarter-century college tuition has increased 6% faster than inflation.
17. US student debt
Students debt is considered as the second highest consumer debs category in the US. The US student debt is also now higher than credit card debt.
18. The publication students debt
As of the publication of this list the student debt is $1.2 trillion. The average students’ debt in America is $38,390.
19. The average college graduate
The students’ debt in the U.S has become more prominent, inspiring many documentaries which examine its causes and effect. The average college graduate today will accumulate approximately $25,000 in debt.
Less than 1/3 of college students will not have debt upon graduation. Now, student debt in America has increased to what some consider crisis levels.