Three-year degree programs save money and help students get on with their lives, but American students aren't signing up. They should be.
You'd think that given the spiraling cost of college, American students would jump at the chance to finish up school in three years instead of the typical four. With a three-year accelerated degree, parents have to fork over less cash for tuition and room and board, the family's loan burden is lighter, and students can get on with their career plans earlier. How does this not make sense? But despite the best efforts of both public and private universities to promote accelerated programs, students are sticking with the four-year college tradition. That's too bad because a three-year degree is a smart idea that we should be adopting.