(interestalert.com): In a report released this week, the American Institutes for Research (AIR) found that $467 million was spent by the state of California from 2003 to 2008 to support students at four-year colleges and universities who leave school before their sophomore year. The report also found that nationally, state and federal governments spend more than $9 billion -- including $7.6 billion in state appropriations and grants -- on students who will not return for their sophomore year.
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