I like the idea of withholding tuition from future earnings. That way we can get rid of all the "underwater basketweaving" courses that are so popular today, and focus on the ones that the economy actually needs (as in, is willing to pay top dollar for).
There's one "but" however: this does absolutely nothing to improve affordability, so some mechanism needs to be devised to reduce overhead costs, and put a cap on profits. I would prefer if that mechanism were market-based as well.
There's one "but" however: this does absolutely nothing to improve affordability, so some mechanism needs to be devised to reduce overhead costs, and put a cap on profits. I would prefer if that mechanism were market-based as well.