“…Although the reasons for dropping out of university are many and varied, studies show that the socio-economic status of students is the most fundamental cause of non-completion rates world-over (CHE, 2013;Chen & DesJardins, 2010;Letseka & Maile, 2008;Lofstrom, 2007;Munro & Fisher, 2004;Quinn, 2004;Titus, 2006;Vignoles & Powdthavee, 2009;Walpole, 2003). Many of these studies indicate that students from less privileged family backgrounds have greater chances of dropping out of university as compared to those from well-to-do families (Blanden & Gregg, 2004;Carneiro & Heckman, 2003;Christie, Corrigan, 2003;Cunha & Heckman, 2007;Davies & Elias 2003;Dearing, 1997;Feinstein, 2003;Gayle, Berridge & Davies, 2002;Haveman & Wolfe, 1993;Meghir & Palme, 2005;McGivney, 1996;Thomas & Quinn, 2006;Vignoles & Powdthavee, 2009).…”