A new report from the Department of Education offers data on why students dropout of college. The report concerns students who entered college in 2003 and dropped out of school by the next year. The data shows that 33 percent of Black men cited financial reasons for leaving college. For Black women, 26 percent said that financial reasons prompted them to leave school.
There was little racial difference between Blacks and Whites in the percentage of students who cited financial reasons for leaving school. But Hispanic men were far more like to cite money as the reason they left school.
The full report, entitled Higher Education: Gaps in Access and Persistence Study, can be accessed here.