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American higher education overall has 39 million people with Some College, No Credential (SCNC) as of July 2020 according to the National Student Clearinghouse Research Center. The most recent study dated 2017 shows the following: 30% of first-year students drop out before their second year of college. Conclusion.
This despite the commonly-held belief that college is the only way to improve social mobility. From 2011 onward, the College Meltdown was most visible with for-profit colleges and communitycolleges, but other non-elite schools and for-profit businesses were also affected.
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