[caption id="attachment_47320" align="alignleft" width="150" caption="First-year college completion is crucial to earning a diploma."]First-year college completion is crucial to earning a diploma.[/caption]

State and federal governments spend billions of dollars in college financial aid to support students at four-year colleges and universities who leave school before their sophomore year, according to a new report from the American Institutes for Research (AIR) that provides yet another financial incentive for policy makers to focus on boosting college graduation rates.

“When students enroll in a college or university and...

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