Many employers pay a premium for predictably elite cadres of students. The schools want to try to pass off mediocre graduates as having some of the elite special sauce even though only a small number of students have what it takes. We know exactly what to do to produce elite cadres by aggressive sorting. But the incentives created by the federal government encourage the institutions to extrude mediocre students like a chicken nugget machine produces processed meat product. Every hot student-nugget is worth a tens of thousands of dollars a year in freshly printed loan money directed towards administrators and rent on dorms and apartments irrespective of quality; so the incentive is to stuff the students with filler.
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