The question addressed in this article is whether we can observe a reduction in dropout and transfer rates after the reform and whether it can be argued that this reduction is related to changes in study structure resulting from the reform. Based on the hypothesis, I expect to find a reduction in dropout rate and in transfer rate after the reform and in addition to this a reduction in the difference in dropout rates between students with parents with higher education and those without. In the first analyses, the dropout rate and transfer rate in the two cohorts are examined in two separate regressions controlling only for year. As previously stated, I will look at estimated time to degree plus one year, that is, five years for the prereform cohort and four years for the post-reform cohort. The results are presented as figures, while the corresponding tables are available in the appendix. Figure 1 shows that the dropout rate is highest in the first year, and lower in the following years in both cohorts. This is in accordance with previous findings (Tinto 1993; Yorke 1999; Hovdhaugen 2009). The estimated dropout rate after the first year is 1516% in both cohorts, and the difference between the cohorts is not statistically significant. Thus, I do not find support for the hypothesis that the dropout rate is lower after the reform. The risk of dropout decreases until the student reaches the estimated time to degree completion, then the risk increases again. Hence, the relationship over time is nonlinear. For the pre-reform cohort, the estimated time to degree completion is four years, and we observe that the increased risk of dropout starts after the fourth year, as the lowest risk of dropout is after the third year. For students in the post-reform cohort, the risk of dropout only decreases in the second year, and then starts increasing again. For this cohort the estimated time to degree is three years (a Bachelor’s degree). Hence, it seems as if the risk of dropping out increases when students have exceeded the estimated time to degree, and this is equally true for both cohorts. In this analysis, there are only statistically significant differences between cohorts for the last two years observed.