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Re:The Student Loan Bubble is Starting To Burst by pyre on Monday September 09, 2013 @11:39PM (#6358026)
> low graduation rates

> hold colleges responsible for their performance

Sounds like a recipe for lowered standards...

Re:The Student Loan Bubble is Starting To Burst by jlgreco on Tuesday September 10, 2013 @01:06AM (#6358270)
That's why you factor in job placement rates. Degree-mills are already a problem.
Re:The Student Loan Bubble is Starting To Burst by fnordfnordfnord on Tuesday September 10, 2013 @08:41AM (#6359610)
For "workforce training" in Texas, we have a rolling average criteria (along with several other metrics). Which is good, because economic fluctuations affect the job market. Some classes just can't seem to catch a break.

To add to that, they tighten the noose with every legislative session. It appears to be the intention to make our pay proportional to "graduate success"; which will likely end up meaning GPA. That would put the same incentives in place for public college instructors that have existed in for-profit schools.

Re:The Student Loan Bubble is Starting To Burst by thomaslangston on Tuesday September 10, 2013 @01:23AM (#6358333)
Loan default rates were also mentioned.