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Examining college graduation rates and economic inequality.

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College Graduation Rates

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Data

Data was collected from https://collegescorecard.ed.gov/data/.

Background

Over the last 30-40 years, for the poorest wealth group, college attendance has risen. However, overall college graduation has not risen. National graduation average for full-time students at 4-year degree-granting institutions was 59 percent. On a positive note, even though college tuition has risen, students that come from modest backgrounds are attending college at the highest rate ever. Goal: What causes colleges to have higher graduation rates than others? Is it financial background or is there something else causing low graduation rates.

Models

Two models used: Random Forest and Linear Regression

Random Forest:

  • Top 5 features explained the vast majority of model performance
  • Best hyperparams
  • Cross-validated R2 score: 60%

Linear Regression:

  • Top features all statistically significant with 95% confidence
  • Cross-validated R2 score: 67%

Findings

What causes colleges to have higher graduation rates than others?

  • Higher educational background of the student's parents.
  • Higher tuitions.
  • Fewer students transferring into the college.
  • Fewer students receiving federal student loans.
  • Higher debt for students with high family income.

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Examining college graduation rates and economic inequality.

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