Higher education graduation in the U.S. - Statistics & Facts
There are various types of higher education institutions in the United States. The education system in the country is influenced by three major factors. Higher education in the U.S. tends to be decentralized, propagates capitalism by assuming higher quality education through competition, and strives to promote equal opportunity and social mobility. There have been growing concerns over increasing tuition fees, student debt, and the lower quality of graduates. Yet, in today’s society, higher education is often considered essential to earning a higher income in the future. Those who have obtained a postgraduate degree tend to earn more in their lifetime than an individual with just a high school diploma. However, high student debts may mean that a fair share of postgraduates' income is spent on paying off their education.
Generally, universities are research and educational institutions that offer undergraduate and graduate programs. There is limited federal government influence on higher education, however, a state university system exists under the states and territories. Private universities are also common in the United States. An undergraduate program normally consists of four years of study to obtain a Bachelor of Arts or Science, among other possibilities. Studying an undergraduate program in Business has been one of the most prominent programs in recent years. After completing an undergraduate program, graduate schools provide students with the opportunity to obtain a Master’s and doctoral degree. In graduate school, students may often have research or teaching responsibilities that provide a stipend. A stipend or tuition waiver may be provided to Ph.D. students as well to support their education. Students can also study at a community college after obtaining a Bachelor’s degree for an associate degree. Studies at these institutions are usually intended to prepare a student for transfer to a four-year school or for vocational skills and training.
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