Illinois State Reports Rising Graduation Rate

It's been a week in which interesting things have been happening on college campuses across the country. Here in Illinois, we get a bit of good news on an actual academic issue.

According to a press release, Illinois State University is reporting a graduation rate of 73.4 percent. Officials say that is the highest rate in recent history and that ISU ranks among the top 10 percent of public and private universities nationwide based on graduation rates. What's the benefit?

Graduating on time means students leave Illinois State with lower debt and begin their careers sooner. Less debt also means graduates are better able to pay off student loans. The University’s low student loan default rate of 2.8 percent is a further reflection of the affordability of an Illinois State education, and the career success enjoyed by alumni.

They cite U.S. Department of Education statistics showing the national average for graduation rates at public universities is 56 percent.

Officials also say the student body's strong academic quality contributes to higher graduation rates. This year's first-year students had a 3.4 grade-point average on a 4.0 scale and an average ACT test of 24.

Looking for a graduation gift for your loved one? How about a big gift card to start life outside of the classroom: