A new study finds that college students are more likely to graduate from schools with higher tuitions and larger spending budgets, Inside Higher Ed reports.
Looking at two years of data from more than 400 four-year schools, the researchers found that greater spending and higher fees correspond with higher graduation rates. The schools examined typically accept around 80 percent of their applicants and serve more socioeconomically diverse students—including a higher-than-average Latino population—than do more selective schools.
The researchers said their findings challenge the practice of tying a school’s funding to its completion rates, suggesting that “the way to raise graduation rates is through support, both of the student and to the institution,” according to Inside Higher Ed.