January 10, 2017
CCA, NACADA Launch Effort to Boost On-Time Completion Rates, Reduce Student Debt
Complete College America and NACADA: The Global Community for Academic Advising – an organization representing more than 12,000 members – announced today a joint effort to boost on-time completion rates and reduce student loan debt in partnership with the nation’s academic advisors. The initiative supports academic advisors’ integral role in college completion efforts and encourages participation in 15 to Finish campaigns that increase credit accumulation and provide students critical information about on-time completion.
As part of the announcement, the two organizations released Shared Principles for Boosting On-Time Graduation, outlining the challenges facing today’s students and the role advisors can play in the solution. Data show that most full-time American college students do not graduate on time – just 41% of full-time students at four-year, flagship institutions and 20% at four-year, non-flagship institutions graduate in four years; 5% of full-time students at two-year institutions graduate in two years (CCA Data Collection). Additionally, most full-time students are not earning the 30 credits needed each academic year to graduate on time.
While not all students will be able to take 15 credits per semester, providing critical information about what it takes to graduate on time ensures students are making informed decisions about course loads, their time to degree and the costs associated with their academic pathway.
15 to Finish campaigns highlight the consequences of graduating late – including increased loan debt and lost wages – and encourage students to take at least 15 credits per semester or 30 credits per year (including summers) to ensure on-time completion. Additionally, research has shown that students who take at least 15 credits per semester are not only more likely to complete, they do better academically and are more likely to be retained year over year.
The result is a win-win for students and the schools they attend: better grades and faster completion for students and higher enrollments for colleges. 15 to Finish initiatives also help drive other changes, including scheduling solutions and financial incentives, to ensure institutions and systems are doing their part to make increased credit accumulation possible for their students.
Results from around the country show that many more students could be taking the credits needed to graduate on time. The University of Hawai’i System – where 15 to Finish originated – has doubled the percentage of first-time freshmen who enroll in 15 or more credits in their first semester. Since launching the initiative at its urban campus, Indiana University-Purdue University Indianapolis has increased the percentage of first-time, full-time students taking 15 credits from 28% in 2012 to 69% in 2016.
“There’s a glaring disconnect in American higher education: Most students tell us they want to graduate on time, but too few finish enough college courses each year – including summers – to do so,” said Complete College America Interim President Tom Sugar. “This vital partnership with academic advisors will empower these frontline leaders with tools and strategies to help more students accomplish more college credits each year, saving themselves and their families millions of dollars and making the dream of a college degree much more likely.”
“It is essential that advisors provide learning experiences for students by teaching them why taking 15 hours is important, but also helping them prepare for the study habits and time management needed to take this full load,” said NACADA Executive Director Charlie Nutt. “Teaching students how to develop proactive plans for being successful when taking 15 credits is the key role for academic advisors – not just informing students to register for these credits. This teaching role for academic advisors is essential in the success of all students in higher education today.”
The new partnership will provide resources, campaign materials and technical assistance, building upon the 13 state-wide and more than 120 campus-based 15 to Finish initiatives that are currently under way.
About Complete College America
Established in 2009, Complete College America is a national nonprofit with a single mission: to work with states to significantly increase the number of Americans with quality career certificates or college degrees and to close attainment gaps for traditionally underrepresented populations. For more information, visit our website (http://www.completecollege.org/).
About NACADA: The Global Community for Academic Advising
Chartered in 1979, NACADA promotes student success by advancing the field of academic advising globally. NACADA provides opportunities for professional development, networking, and leadership for its diverse membership. For more information, visit our website at (http://www.nacada.ksu.edu).