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Colleges slashing tuition, offering 3-year degrees

Release Date:  Thursday, March 22, 2012

by Blake Ellis @CNNMoney

NEW YORK (CNNMoney) -- A growing number of colleges are taking extreme measures to attract more students by cutting tuition or speeding up the rate at which they graduate.

While some private colleges are introducing double-digit percentage cuts in tuition or freezing prices altogether, other schools are offering three-year degree programs or four-year graduation guarantees.

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