America's nagging problem with college dropouts managed to get the tiniest bit worse this year. The National Student Clearinghouse reports that 55 percent of first-time undergraduates who matriculated in the fall of 2008 finished a degree within six years, versus 56.1 percent of those who began in fall 2007. Keep in mind, we already had the lowest college completion rate in the developed world, at least among the 18 countries tracked by the Organization for Economic Cooperation and Development. Much like American health care, American higher education continues to set a global standard for inefficiency...

America's nagging problem with college dropouts managed to get the tiniest bit worse this year. The National Student Clearinghouse reports that 55 percent of first-time undergraduates who matriculated in the fall of 2008 finished a degree within six years, versus 56.1 percent of those who began in fall 2007. Keep in mind, we already had the lowest college completion rate in the developed world, at least among the 18 countries tracked by the Organization for Economic Cooperation and Development. Much like American health care, American higher education continues to set a global standard for inefficiency...