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Economic Scene – Colleges Are Failing in Graduation Rates

If you were going to come up with a list of organizations whose failures had done the most damage to the American economy in recent years, you’d probably have to start with the Wall Street firms and regulatory agencies that brought us the financial crisis. From there, you might move on to Wall Street’s fellow bailout recipients in Detroit, the once-Big Three.

But I would suggest that the list should also include a less obvious nominee: public universities.

By DAVID LEONHARDT

Full Story: http://www.nytimes.com/2009/09/09/business/economy/09leonhardt.html?_r=1&hpw

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