Prioritize funding for schools on a performance basis. For example, using graduation and employment rates of alumni in addition to the time taken for them to earn their degrees.
The pandemic shifted the way students are taught, allowing for students to study at their own pace while granting teachers the ability to leave detailed feedback on their work. These new methods of teaching that have emerged during the pandemic have improved attendance and grades of students, and hence increasing the number of students who completed the course. Fortunately, these teaching methods are very cost efficient for schools to implement.
Limiting the graduation requirements to only the courses required for the major, students can earn their degree in less time, while not having to pay for the full four years for their degree.
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