I know there are limits to how many people a school can graduate per year. I think its controlled by the AACP (American Association of Colleges of Pharmacy), or something like that.
From what I heard, LIU had to pay fines last year because they graduated more people than what they were allowed to. I think they are allowed to graduate 204/year, usually LIU accepts like 220-230 students and predicts that 20-30 will drop out.
Usually, when people make it into the program they start working their *** off, so drop outs didn't happen.