What's a good first year retention rate?

When researching colleges, I noticed something called the 'first-year retention rate.' What's considered a good retention rate at a university, and why should I take this into account when looking at schools?

A good first-year retention rate is typically around 85% or higher, as this indicates that a majority of the students who enroll at the university return for their second year. Retention rates above 90% are considered exceptional, and are often found at highly selective and well-regarded institutions. It's important to consider this factor when looking at schools, as a higher retention rate generally suggests a few key points about the institution:

1. Student Satisfaction: A higher rate implies that students are generally happy with their college experience. This may include overall campus life, academic rigor, extracurricular opportunities, and a strong sense of community.

2. Academic Support: A good retention rate often indicates that colleges are providing adequate support and resources for students to succeed academically, which can range from advising services, tutoring, or mentorship programs.

3. Financial Support: In some cases, a high retention rate may also reflect that a college has effective financial aid and scholarship programs. These institutions are typically able to retain students by minimizing financial stress and meeting the financial needs for a diverse range of students.

However, retention rates should not be the only factor in your decision-making process. It's essential to consider other important aspects of a college, such as academic programs, campus location, size, financial aid packages, and extracurricular opportunities. Examining a mix of different criteria helps ensure you find a school that's the best fit for your personal and academic goals.