SEARCHING information on the latest Commission on Higher Education (CHED) report on student dropouts in college, I found only two web sources. The first is from CHED (2004) Higher Education Statistical Bulletin AY 2003-04. The report says that “ less than half of those who enter college or university reach senior year, resulting in an average survival rate of 49 percent. Only three out of every five students in the fourth year of study actually graduate within the fourth (senior) year resulting in an average graduate rate of 61percent. The overall completion rate therefore for the HE system is about 30 percent…The financial waste, particularly of public funds is high for those students who eventually drop out without completing their degree.