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Supporters of competency-based education say it has the potential to let veterans, working students and others get a degree faster, keeping their student debt down in the process. The House this week passed a bill calling for 30 pilot projects in competency-based education. (Photo courtesy the University of Denver)

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As Congress eyes 'competency-based' degrees, NAU already claims success

Not only does Phoenix resident Jeremy Dodd expect to be the first in his family to get a four-year college degree - he expects he'll be able to do it in just 2.5 years.