TICAS’ proposal for a new college accountability structure to replace the current Title IV aid eligibility system uses a student-centered debt outcome measure to tie colleges’ eligibility more closely to the level of risk they pose to students and taxpayers. It imposes graduated sanctions for colleges where risks are high, and provides rewards for colleges where risks are low in order to encourage schools doing well to enroll more low-income students. Outcomes could be measured using one of two new measures: the Student Default Risk Indicator (SDRI), or the Student Non-Repayment Indicator (SNRI). Read below for more about our proposal and other related material, including prior testimony on risk sharing and rewards.