In fact, just over half

Of first-time degree seeking students finished in six years. Twelve percent of those finished someplace other than where they started.  Students move around a lot. Here's a couple of other, rather unsurprising, findings related to adult students.

National Student Clearinghouse Research Center: Signature Report
In nearly every state, traditional-age students starting at four-year public institutions had higher six-year completion rates than adult learners. The smallest gap was in Arizona (1 percentage point) and the highest in Vermont (42 percentage points).  
In 13 states, over 75 percent of the exclusively part-time students at four-year public institutions had not received a credential and were not enrolled at the end of six years (compared to 70 percent nationally). 


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