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The California State University System's governing board this week voted to increase its graduation rates by 2025, an effort that will cost an estimated $400 million or more. The system said it would seek to hit a 70 percent rate (meaning the six-year rate for freshmen), which would be a 13 percentage point increase from the current rate of 57 percent. The graduation-rate push also will include efforts to close achievement gaps for underrepresented and low-income students.