The DOE and College Rankings
“Designing a new college ratings system is an important step in improving transparency, accountability, and equity in higher education.”
Ted Mitchell, Under Secretary of Education
Colleges and Universities can:
Measure and benchmark:
Families and Students can:
Obtain reliable info about college values.
Policymakers and the Public can:
Manage institutions of higher education ensuring proper use of $150 billion in financial aid.
Education Authorities can:
Use info for proper:
And policy decisions
Taxonomy of Colleges:
2-year vs. 4-year institution rankings:
(Not: non-degree granting programs or graduate programs)
According to these measures:
Percentage of students receiving Pell Grants
Expected family contribution gap
Family income quintiles
First-generation college status
Average Net Price
Net price by quintile
Labor Market Success
Graduate school attendance
Broad vs. Narrow Rankings
1. The Winner
2. Second Place
3. And now Third
A students: one here, and another, and another
B students: here, and here, and here
C students: me, and me, don’t forget me over here!
Catagorical vs. Aggregate Rankings
Financial aid offerings:
Aggregate Rankings (example):
Financial aid offerings
Success of graduates in job market
The Department of Education is considering the use of broad rankings whose component rankings are aggregated.
How We Stack Up:
Department of Education rankings: 2-year, 4-year colleges
CollegeChoice: National liberal arts schools, National research universities, northern regional universities, southern regional universities, western regional universities, midwestern regional universities, online colleges and universities
Rationale behind rankings:
Department of Education: to promote transparency, accountability, and equity in higher education
CollegeChoice: ranks schools by factors considered most important by potential students
Criteria for rankings:
Department of Education: Accessibility, affordability, outcome
CollegeChoice: Academic reputation, financial aid offerings, overall cost, success of graduates
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