Low retention can impact an institution¡¯s competitive position, its reputation and sometimes its bottom line.
¡°It is cheaper to retain students than to lose them, because you have to replace the ones you lost. That¡¯s a no brainer,¡± said Dr. William Greer, president of Virginia Wesleyan College, noting that he was satisfied with the retention rates of nontraditional students but signed on with InsideTrack for a more aggressive strategy to retain students ages 18 to 21.
--Michelle J. Nealy
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