make universities and colleges financially accountable for their students' success after graduation.

Universities accept large sums from federal student loan/grant programs. But if they graduate students who can't compete in the job market, or don't link them to internships to make them employable, the schools bear no responsibility. Although schools cannot make everyone succeed, they should bear a financial interest in student success. For every year post-graduation that a federal-loan receiving student is unemployed or underemployed (based on national average data), the university should have to repay 3% of the federal loan/grant tuition money they received for that student. Making colleges financial stakeholders in student success will result in a much greater emphasis on long-term success, benefitting students, parents, universities themselves, and our nation's competitiveness.