06/11/2010 12:00 pm ET Updated May 25, 2011

State Universities Skim Profits From Cap-And-Gown Rentals

A final round of tuition payment isn't the only expense many graduates faced before collecting their diplomas: Roughly half of Illinois' public universities charged students for caps, gowns, tassels and other apparel at higher rates than the original cost to the schools.

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