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Under 55 percent of college students graduate

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SEATTLE (AP) - A new study says fewer than 55 percent of four-year college students graduate with a degree within six years.

The report by conservative think-tank American Enterprise Institute was partially paid for by the Bill & Melinda Gates Foundation.

Researchers found college completion rates vary widely. But in general, graduation rates are better at more competitive schools. The researchers say those gaps are mostly due to the different types of students the more selective schools enroll.

The study also compares graduation rates within similar kinds of schools and found some differences. For example San Diego State graduates 56 percent of its students within six years and California State University in Los Angeles has a 31 percent graduation rate.

Copyright 2009 The Associated Press.

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