Word: scholarshipsgiven
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...they like it." More than 50 per cent of the students in MIT's program decide to drop out before junior year, Wallace says, a figure he estimates is slightly higher than the national average. He theorizes that the drop-out rate rises with the number of scholarshipsgiven out. "Here we have virtually everyone on scholarship," he says. "The people who come out of this detachment are tremendously desired by industry-it's awfully difficult to hold on to an MIT or Harvard student after General Motors has told him they'll pick up his scholarship and guarantee...
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