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The federal government accredits the agencies which accredit the universities.

What if the standards for accreditation were changed so that primary weight was given to the percentage of graduates who were gainfully employed in the field of their major within one year of graduation? What if student loans once again became dischargable in bankruptcy, with the university being liable for the unpaid balance?

How would education in America change if the federal government published statistics for each university showing the median gross income of graduates one year and five years after graduation, broken down by major?

What if more American students got their degrees overseas, and their overseas degrees were accredited?

Andrew Ferguson ......>>>>The reforms attacked the establishment from multiple angles. They would require schools to expand their websites to make vast amounts of new information available to students. For the first time, professors would be required to post course syllabi online. To suss out slackers among the faculty, schools would post every teacher’s salary and benefits along with the average number of students and course hours they taught every year. A summary of student evaluations would be posted too, and the average number of As and Bs professors handed out, to guard against grade inflation. Before choosing a particular school or enrolling in a major, students would be given a list of the specific skills or knowledge that they could expect to learn, as well as the average starting salaries of students who had graduated from a similar course of study.

Perry also suggested separating teaching budgets from research budgets, as a way of encouraging teachers to teach and researchers to do research. Tenure would be granted only to teachers who spent a large majority of their time teaching; a defined percentage of tenure jobs would go to researchers, who would concentrate on pure research. A system of cash awards and other incentives would compensate professors who successfully taught a large number of students.

Any businessman in a profit-seeking enterprise would see ideas like “pay for performance” as unremarkable, but they overwhelm the delicate sensibilities of people who have spent their professional lives on campus, where the word “nonprofit” is meant to act as a firewall against the unpleasantness of commercial life. “Texas Governor Treats Colleges Like Businesses,” headlined the Chronicle of Higher Education—a sentence sure to induce aneurysms in faculty lounges from El Paso to Galveston. The outrage was deafening, especially when university regents began acting on the recommendations. The Texas A&M system, for example, which includes a dozen schools, posted a spreadsheet on its website evaluating teacher performance on a cost-benefit basis.<<<....