Outlines a vision for America’s higher education system of the future. While more students are graduating college than ever before at our nation’s world-class colleges and universities, for far too many students, the nation’s higher education system isn’t delivering what they need and deserve. Today, nearly half of all students who begin college do not graduate within six years, and the consequences of taking on debt but never receiving a meaningful degree can be severe. Students who borrow for college but never graduate are three times more likely to default. A stronger focus on outcomes for students means change for everyone – schools, students, states, accreditors, and the federal government.