How much bang does North Carolina get for its higher education buck? Not very much. That is the final result of A nationwide study from the Delta Project on Postsecondary Education Costs, Productivity and Accountability released earlier this month.
In a nutshell the report says North Carolina spends about $50,000 per degree awarded by the state’s two year or four year public system, about $3,300 higher than the national average. Considering all the investment, North Carolina should be producing more graduates. No doubt UNC’s disappointing 65 percent 6-year graduation rate is one of the biggest factors contributing to the problem. Little improvement can be made without increasing those numbers.