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There are about 3600 colleges in the [[United States]] which educate about 12 million students (as of 1995).<ref>National Center for Education Statistics. Digest of education statistics, 1996. Washington, DC: US Department of Education, Office of Educational Research and Improvement, 1996; NCES publication no. 96-133.</ref> Many of those students will never graduate, and many will become depressed, addicted, or otherwise lost spiritually and mentally. Many have health problems as a result of risky behavior.
Only about 57% of the college population, or about 7 million, are aged 18-24 years, representing only about one-fourth of that age group in any given year. <ref>Bureau of the Census. Statistical abstract of the United States, 1996 (116th edition). Washington, DC: US Department of Commerce, 1996.</ref> A larger percentage, perhaps half, of persons aged 20-24 have attended college without necessarily graduating.<ref>Kominski R, Adams A. Educational attainment in the United States: March 1993 and 1992. Washington, DC: US Bureau of the Census, 1994. Current Population Reports no. P20-476.</ref>
Less than 1% of the nation's colleges -- only 20 schools -- possess a large percentage of the overall college endowments.<ref>http://www.infoplease.com/ipa/A0112636.html</ref> Only about 70 colleges -- about 2% of the total -- hold endowments in excess of $1 billion. Only [[Grove City College]], [[Hillsdale College]] and [[Patrick Henry College]] are not heavily dependent on funding by the [[federal government]].
== References ==
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