Even as colleges nationwide celebrate commencement season, hundreds of schools are failing to graduate a majority of their students in six years, a report says today. Nationally, four-year colleges graduated an average of just 53% of entering students within six years, and "rates below 50%, 40% and even 30% are distressingly easy to find," says the report by the American Enterprise Institute, a conservative think tank. It's based on data reported to the Education Department by nearly 1,400 schools about full-time first-time students who entered in fall 2001.
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