Image:  Huddled around a table in the Georgetown University Alumni House, roughly two dozen academics convened last week to address two of the most persistent challenges in higher education: improving student outcomes and lowering the cost of a bachelor’s degree. Their proposed solution is an unconventional one—to create a three-year bachelor’s program equivalent to a four-year college degree. Unlike the other three-year options that exist on the market, their proposal isn’t focused on...

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