I think most deans would like to fix the system, but it’s grown to such a problem and with so many problems....it’s considered unfixable. It’s like talking about tenure. No dean in the US can remake the tenure process. Go talk about the ratio of professors to actual college employees. Go talk about the power of the NCAA over the method that the college operates under.
Couple this with the idea about "Colleges would subject applicants to greater scrutiny and only admit those who show promise of graduating and finding jobs within a reasonable time frame," and "a partnership" between the student, the bank and the college," and an interesting synergy emerges.
If students cannot receive college loans for traditional liberal doctrinal "_______ studies" courses that don't lead to actual jobs, then these tenured professors will have to find a way to get their students to pay for these courses themselves, or the courses will be dropped from the catalog due to lack of demand.
-PJ