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<p>Yes, but the students then displace other students at the other colleges, and then on down the line as one goes down to less selective colleges, until some students are displaced out of colleges altogether. Note that many less selective public universities have similar policies (e.g. the existing reward for graduating without excess credits attempted at all Texas public universities, or San Jose State’s policy that high unit seniors can only take courses required to graduate as quickly as possible).</p>