The correction mechanism is twofold, and in-place throughout Europe: a) Universities must publish employment statistics with indicators for salaries at differen

The correction mechanism is twofold, and in-place throughout Europe: a) Universities must publish employment statistics with indicators for salaries at different horizons; b) Students have k years of extra runway to graduate or drop out. Dropouts cost school budget. They correct both errors. One almost immediately, the other when/if the market recognizes low graduate quality.