Draft Report From Federal Panel Takes Aim at Academe

Group is split over substance and tone of preliminary recommendations

A draft report released last week by the Commission on the Future of Higher Education called for overhauling the federal student-aid and accreditation systems, easing the process of transferring credits between institutions, and using testing to measure the "value added" by a college education.

The report, which the panel discussed during a closed meeting two days after it was released, also endorsed the

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