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Low college graduation rates raise concerns

Taking longer to complete degree adds to cost of education

10:08 PM, Jan. 24, 2013
Students walk through the campus of Claremont McKenna College in Claremont, Calif. A survey of freshmen at 283 four-year colleges and universities found that 83.4percent expect to graduate in four years. Yet just 40.6percent do so.
Students walk through the campus of Claremont McKenna College in Claremont, Calif. A survey of freshmen at 283 four-year colleges and universities found that 83.4percent expect to graduate in four years. Yet just 40.6percent do so.
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Perhaps not surprisingly, money continues to play a dominant role in where high school seniors go to college, an annual survey finds, but it also shows that many don't consider one factor that could significantly affect the final tab for their degree: The time it takes to graduate.

The survey of nearly 193,000 first-time, full-time freshmen at 283 four-year colleges and universities found that 83.4 percent expect to graduate in four years. Yet, at the schools they attend, just 40.6 percent graduate, on average, in four years. Federal data show that 38 percent of first-time, full-time ...

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