<p>I guess it is. I don’t know the final ramifications to this. It isn’t all that simple that it means more money for undergrads. If there are not the grad students, it often means, professors who want this workforce for their research won’t go to those universities. It also means fewer classes in a discipline, because grad students are often used for recitation sessions, lab courses, and even teaching. I know some universities using undergrads for such uses, and I don’t know how that will compare overall with those models using a student who has proven his knowledge in the fields, and are more mature. Just don’t know enough about it.</p>