I take it you haven't read "Meditations on Moloch". https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ https://slatestarcodex.com/2014/07/30/meditatio

I take it you haven't read "Meditations on Moloch". https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ All universities do this to a varying extent, for undergraduate -and- graduate. And it doesn't make sense for a university to take such a significant risk on non-payment for failing a student. And there would be questionable ethics for a university to pass a student to get paid. From a "God's Eye View", we can do better to properly fund schools while preserving that students learn without getting cheated. But from individual students' point of view, and the universities' point of view, there are no good answers.