A College Guarantee

In light of the job insecurities that are plaguing recent graduates across the country, a college out of Michigan is making a guarantee that its graduates will get jobs. Lansing Community College is jumping out as the first school to offer refunds if its graduates are unable to get jobs within a year after finishing one of their programs. I understand that this school is only at the community college level, but I can see policies like this changing the landscape of colleges. I cannot see why someone would choose to go to another school if they are given a refund guarantee on their education. I can only hope that other schools step up and take a share of the difficulty to find a job in todays market and take some of the insecurities away from the recent graduates.