Yes, this is a horrible idea that sounds like a good idea, which makes it all the more horrible. People who graduate from college have a significant wage premi

Yes, this is a horrible idea that sounds like a good idea, which makes it all the more horrible. People who graduate from college have a significant wage premium over people who don't. Over the past generation schools have figured out how to grab more and more of that wage premium for themselves, sometimes more than 100% of premium for certain students. Now we're trying to make it even easier for them to capture exactly how much of that they decide they deserve. And having the IRS enforce it.