ARE 4.0 Pass Rates...Scary

I finally looked at the pass rates from July 2008 – June 2009 for the new ARE 4.0 exam. It is quite shocking. The range is from a 53%-70% compared to 68-80% on the ARE 3.0 exam. I realize they have adjusted the test to make the test process shorter, but it feels that something is out of balance. I find it frustrating at a time that finances are tight, architects are out of jobs, and the costs of test has increased, that more people are faced with retaking their exams.