Date: June 3rd, 2012 5:13 PM Author: slippery puppy
This year, the University of Texas at Austin announced a push to raise its on-time graduation rate to 70 percent by 2016, from the current 53 percent. UT President Bill Powers said the goal is "ambitious but attainable."
"The state pays an average of $7,563 for every student, every year," said Texas state Sen. Florence Shapiro, R. Each dawdling student, she said, "prevents another student from coming in and starting that process."