Colleges and Lawmakers Push Students to Graduate in 4 Years

Stretched budgets and anticipation of record enrollments spark effort to return to tradition

When Jaclyn Houghton arrived at the University of Iowa, in the fall of 1998, she signed a contract with the university promising to graduate in four years. In return for her agreement to map out a realistic plan, the university guaranteed that the courses she needed would be offered.

Ms. Houghton did everything expected of her. She picked a major -- finance -- early on. She stayed off

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