Shaw University, North Carolina
Some schools have a low graduation rate and then there’s Shaw University in North Carolina. Not every student will graduate, but if the rate is just 25.4%, then you wonder why people even apply. What’s more confusing is that the school has an acceptance rate of 52%, meaning that it’s extremely competitive and students would need to have competitive grades just to get in.
It has an average debt of $28,044, which is lower than the $29,200 national median salary you will earn after six years. So, it should come as no surprise that almost 20% of those who graduate have to default on the loans after a mere three years.