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I personally believe that the low graduation rates are a good thing. It shows that schools are requiring standards of their students, and if the students aren't putting enough effort in, they should not get a diploma.
I've worked four extremely hard years and I'll be graduating with my B.S., commission, and license and it annoys the hell out of me, that I could have taken half the credits at some other school, been drunk half the time and still have the same degree (if not the license and commission).
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