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Colleges pledge to graduate additional 4 million

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Public colleges and universities are pledging they'll produce an additional 3.8 million graduates by 2025, providing a major boost toward a national target of having 60 percent of adults hold a college degree.

Two leading education groups say 490 institutions enrolling about three-quarters of four-year college students are committing to boosting the number of degrees they award over the next nine years. They say they'll report their progress annually. A key part of the strategy will involve reaching out to students who've dropped out and failed to earn a degree at any institution.

The United States has fallen from first to 14th in the developed world in the proportion of its population with a college education.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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