Report Claims Community College Dropouts Cost Taxpayers Billions

Fewer than 45 percent of college-ready students and just 20 percent of remedial students earn a certificate or degree in four years at Valencia College in Orlando, Fla. That's "nearly three times the rate" of similar urban community colleges and impressive enough to earn Valencia the first Aspen Prize for Community College Excellence, awarded Dec. 12 in Washington, D.C.  Federal, state, and local taxpayers are shelling out billions of dollars for community college dropouts, concludes an AIR report, The Hidden Costs of Community Colleges. the bill for early failures over the five years was almost $4 billion. Read more at:
http://www.usnews.com/education/best-colleges/articles/2011/12/16/study-community-college-dropouts-prove-costly