Fredonia’s money-back guarantee

“If you don’t get a job paying $X in Y months after graduating from Fredonia we will refund your tuition, room, and board.”

Of course, Fredonia can’t and won’t have a money-back guarantee, but it would change everything if it did, immediately forcing everyone to obsess about the students’ hopes and dreams.

“But Fredonia isn’t a job-placement program; we are a liberal arts school focused on building well rounded citizens.” That’s true, and it’s a great and necessary mission, but it’s also somewhat divorced from where students are actually at.

Yes, the money-back guarantee is a ridiculous idea, but it’s also a useful thought experiment.