Is there such a thing as an unacceptably low college graduation rate?

There is seemingly universal agreement in higher education that college completion rates aren’t high enough. Yet it’s difficult to find anyone pointing fingers at a particular college. Lawmakers lament the low graduation rates of students who receive federal Pell grants, the largest source of federal student aid to low-income students. Yet to criticize a college with a large Pell student population and a miniscule graduation rate is thought to be bad form.

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