Congress appears lukewarm about President Obama's proposal to rank colleges and universities. One reason may be that it fails to measure what today's employers want: Graduates with higher-order thinking skills.
Instead of taking out a college loan, students pay back the cost of their education using a portion of their earnings after graduation.
Advocates of competency-based learning see it as a potential game changer for higher education. The approach can make college degrees more affordable, and can assure employers that graduates have mastered a defined set of ideas and skills.