The new certificate would replace the dozens of existing vocational qualifications with a single "gold standard" exam, which would also include maths and English.
He also argued that this made it impossible to argue that the exam had used a common standard, when different levels of rigour were applied in different parts of the year.
Speculating about what might be the effective standard at an exam is counter-productive to the social desire of having more lending occur in the system, and also discourages the commitment of additional capital to the banking system.
Since no standard method to calculate a graduation rate is enforced nationally, and the college entrance exam boards will only release data below a state level directly to the schools, not the public, we were left to trust county, district and school officials to honestly and accurately report their results.