Omg.
Ok, think of it like a mirror. The actual side the tassle is on (based on the perspective of an individual wearing it) would be the right as expressed by the current PiP. I'm making a thread saying an actual "scholar" or alumni or whatever you want to call it should be on the left (again, from the perspective of the individual wearing it).
If you want to make the argument that you could wear it from our perspective, I highly doubt that person graduated as I've never seen someone wear it with the tassle in the back.