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College Persistence Links to Future Financial Success College Persistence in Relation to Future Financial Success The cost of education will continue to increase, and whether the student decides to quit school depends on his/her expectation about the future benefits. The student must decide whether the benefits are high enough to compensate for his/her time spent in college and the cost of tuition. According to a psychology journal by Karen Leppel, there had been several studies regarding the issue of student retention in college (2005, p. 2). There are many factors that can cause a student to drop out of college, such as poor academic performance, financial difficulties, employment opportunity, etc. However, only 15 to 25 percent of students leave school because of academic performance. Statistics indicate that students who favor instant financial success over the potential benefits of an education are more likely to withdraw voluntarily from college. The decision to attend college...

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